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NSDL crosses $6 trillion in assets under custody, demat accounts reach 4.77 crore

The depository’s latest milestone comes amid rising demat account additions, wider geographical reach and initiatives to encourage women and young investors

NSDL crosses $6 trillion in assets under custody, demat accounts reach 4.77 crore

National Securities Depository Limited (NSDL) has reached a significant milestone, with its assets under custody surpassing USD 6 trillion as of November 9, 2026. This growth underscores the increasing involvement of investors in India's financial markets and the expansion of the country's securities market infrastructure. NSDL attributes this achievement to the economic vision of the Prime Minister's Office and the Ministry of Finance, highlighting India's rapid financialization and progress towards a developed economy (Viksit Bharat).

As of October 2026, NSDL had approximately 4.77 crore client accounts, with its network extending to 99.39% of India's PIN codes through a system of 326 depository participants and 52,587 service centers nationwide. During the first half of the fiscal year 2026-27, NSDL added 32.4 lakh gross demat accounts, with a net increase of 27.9 lakh.

This growth followed a record-breaking annual addition of 59.3 lakh gross demat accounts and 49.4 lakh net additions in the previous fiscal year. NSDL has also expanded its technological capabilities by implementing over 40 application programming interfaces (APIs) to enhance service integration. Additionally, the depository has launched initiatives to encourage participation among women and younger investors, including a three-year settlement fee waiver for women opening new demat accounts and a zero-settlement-fee benefit for investors under 24 years of age through its YUVA Plan.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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