{"schema":1,"as_of":"2026-10-20","meta":{"as_of":"2026-10-20","month":"2026-09-01","month_label":"Sep-2026","quarter_label":"JUL-SEPT 2026","year_label":"2025","five_year_label":"2021-2025","day_label":"20-Oct-2026","total":{"accounts":274071641,"day_additions":119179,"month_additions":6310830,"quarter_additions":14358780,"year_additions":43256442,"five_year_additions":185063062},"source_rows":40,"geographic_rows":36,"all_totals_reconcile":true,"retrieved_at":"2026-10-21T15:57:40.339936+00:00","sha256":"86142fea56218c780e20ab46be4e8f05a550fd098532228112877d825aeb3954","url":"https://www.nseindia.com/api/registered-investors","route":"proxy","raw_bytes":7539,"source":"NSE registered client accounts (UCCs), by state and territory","source_page":"https://www.nseindia.com/registered-client-accounts","age_days":2,"stale":false,"refresh_error":null,"acquisition_status":"available","top5_states":["Maharashtra","Uttar Pradesh","Gujarat","West Bengal","Rajasthan"],"top5_account_share_pct":48.548987598465175,"same_top5_month_share_pct":53.02806445427939,"pace_min_accounts":100000,"national_pace_x":1.7507209677578197,"method":"NSE client codes (accounts), not unique people or active traders. Shares include all source rows in the denominator. Pace compares a completed month's registrations with one twelfth of the previous calendar year's registrations; it is not year-on-year growth. Account stock and registration flow have different dates.","unit":"accounts; lakh accounts; per cent; percentage points; times","notes":["Army personnel, Others and generic Union Territory remain in national totals and the full table, but are excluded from named-state rankings.","The source is a current snapshot with selected historical registration windows, not a monthly history. State attribution and prior windows may be revised.","No population penetration or activation ratio is inferred from client codes."]},"name":"Share of accounts and monthly registrations, 15 largest account bases","categories":["Maharashtra","Uttar Pradesh","Gujarat","West Bengal","Rajasthan","Karnataka","Tamil Nadu","Madhya Pradesh","Andhra Pradesh","Bihar","Delhi","Haryana","Punjab","Kerala","Telangana"],"series":{"account_share_pct":[16.6049,11.5824,8.621,5.8832,5.8575,5.3669,5.1968,5.0844,4.7148,4.4114,4.2323,3.246,2.4751,2.334,2.3299],"month_share_pct":[15.5165,12.5737,12.8824,5.1412,6.9143,4.9306,4.8172,5.1435,4.2607,5.13,3.2997,3.2026,2.3777,1.7819,2.2385]}}