Many accounts, very different holdings

An account is not a person

A person can have several demat accounts. Companies, mutual funds and other institutions also have accounts, often holding far more than individuals. These reports count accounts that have not been closed.

How much equity sits in an account?

Divide each category's equity value by all its non-closed accounts. This is an average across accounts, including empty ones. It tells us neither the typical investor's wealth nor their investment return.

Are holdings keeping up with account growth?

For CDSL's Individual category in Aug 2026, accounts grew 17.1% over the same month a year earlier and equity held grew 13.8%. Equity per account changed −2.8%.

Who holds the equity?

A category's share of equity can differ sharply from its share of accounts. The denominator here is all equity held at that depository, rather than the market capitalisation of listed Indian companies.

Beyond equity

In Aug 2026, NSDL held ₹74.5 lakh cr in debt securities against CDSL's ₹2.3 lakh cr. The investor-category charts above cover only equity; these charts include all four asset columns.

CDSL Individual mutual-fund units grew 53.4% from the same month a year earlier, against equity growth of 13.8%. The value of demat fund units per account changed 31.0%. This excludes mutual funds held outside demat.

Every investor category, every numeric field

All 29 native category labels across the two histories are available below. Select a category for its accounts and all four asset columns. Older naming variants remain separate, with their actual coverage dates.

Download the complete category history (CSV) · Complete history (JSON)

3,122 distinct provider–month–category observations, all six numeric source fields, original reported asset values, quality actions, source URLs and file hashes. Columns ending _reported retain flagged originals; the chart columns apply quality exclusions. No categories are dropped into Other in this download.

The source categories in Aug 2026

The tables retain the category names in each report. Values are in rupees crore, displayed in lakh crore where large. Fund units have different definitions at the two depositories.

CDSL Individual accounts are 99.86% of its accounts but hold 44.0% of its equity. Corporate accounts are 0.05% of accounts and hold 49.2% of equity.

The gaps stay visible

Dates printed inside the files govern the reference month. We retain the downloaded originals, their URLs and hashes, and check the report structure, account counts and any printed totals before publishing.

• CDSL: 137 reported months, Apr 2015 to Aug 2026. Missing reference months: none.
• NSDL: 136 reported months, Apr 2015 to Aug 2026. Missing reference months: 2024-04.

NSDL, Jan 2023: equity and debt values withheld after an adjacent-month consistency check. Accounts, fund units and other securities are retained. Original values are preserved for review.

NSDL, May 2026, Resident: equity value withheld pending review of an isolated jump in the original report. Accounts and other asset values are retained; totals and shares depending on that equity value are missing.

The quarterly overview selects actual quarter-end observations and the latest reported month. It does not estimate a missing month. Switch to Every month for the full timeline with labelled exclusions; monthly line charts also preserve every gap.

289 downloaded reports; 45 printed-total rows checked. Download the extraction and quality audit (JSON).

Every numeric BO field is extracted and available in the native-category history. The separate NSDL custody, account-type, complaints and other portal report families are additional datasets and are not part of this BO history.

Blank source fields remain missing. Totals that depend on missing components remain missing too. Read the method for the category mappings and validation rules.