India by the numbers

Capital markets

Unique investor registrations, , mutual funds and SIPs, primary-market fundraising, foreign flows, government bonds and pensions.

Primary-market fundraising

Primary-market fundraising

Data through

Equity issues raised ₹530.22 billion

Monthly equity fundraising. Corporate debt and business trusts are separate issue modes.

Monthly issue counts and fundraising. Last 6 published rows. Read the complete table.
MonthPeriod basisIssue modeIssuesAmount raised
September 2026calendar monthPrivately placed corporate debt228₹1.12 trillion (₹1.12 lakh crore) · $11.9 billion
September 2026calendar monthPublicly issued corporate debt4₹12.87 billion (₹1,287 crore) · $137 million
September 2026calendar monthTotal corporate debt232₹1.13 trillion (₹1.13 lakh crore) · $12 billion
September 2026calendar monthReal-estate investment trusts0₹0 · $0
September 2026calendar monthInfrastructure investment trusts4₹24.76 billion (₹2,476 crore) · $264 million
September 2026calendar monthTotal real-estate and infrastructure investment trusts4₹24.76 billion (₹2,476 crore) · $264 million
Source notes

Only published observations are shown. Missing periods are not zero and have not been interpolated.

follow listing dates and public debt issues follow issue closing dates. Equity, corporate debt and business trusts remain separate. An offer for sale is not new capital received by the issuer.

Public statistical facts compiled under the owner's editorial reuse decision. This is not a publisher licence and does not license source documents or branding.

Issues and fundraising are reported separately. Completed financial years and financial-year-to-date comparisons are not combined with monthly flows.

Display conversions use ECB reference via Frankfurter: $1 = ₹93.69 on 11 November 2026. Historical observations use this same dated reference, not historical exchange rates. The separately published FBIL benchmark is not the conversion reference.

Publication cadence: Monthly.

Terms in this reading
IPO
An initial public offering, a company’s first public sale of shares. Main-board and smaller-company offerings are separately classified in the source. Definition and conventions

Full history, published components and source notes · Download CSV

Source: Securities and Exchange Board of India, India Dispatch Research

Investor accounts

Investor participation

India had 240.59 million in September 2026

77.47 million accounts were active under SEBI’s 12-month definition, or 32.2% of the total.

NSDL and CDSL investor accounts240.59 million

September 2026

Combined NSDL and CDSL investor accounts. Latest shown reading: 240.59 million in September 2026.
Combined NSDL and CDSL investor accounts, observations in the selected range
PeriodCount
December 2024185.3 million
January 2025188.14 million
February 2025190.4 million
March 2025192.44 million
April 2025194.45 million
May 2025196.55 million
June 2025199.14 million
July 2025202.12 million
August 2025204.6 million
September 2025207.06 million
November 2025212.76 million
December 2025215.93 million
January 2026219.55 million
February 2026222.36 million
March 2026224.51 million
April 2026226.75 million
May 2026228.97 million
June 2026231.55 million
July 2026234.43 million
August 2026237.7 million
September 2026240.59 million

data.indiadispatch.com

Source: Securities and Exchange Board of India and National Securities Depository, India Dispatch Research

Unique registered investors

The National Stock Exchange reported 136.57 million unique registered investors

Publisher-rounded registrations, not dematerialised accounts or investors active in a month.

National registration snapshots. Last 2 published rows. Read the complete table.
SnapshotUnique investorsSource precision
August 2026135,250,000publisher-rounded to the nearest thousand. not exact individual counts
September 2026136,569,000publisher-rounded to the nearest thousand. not exact individual counts
Source notes

The latest published snapshot is dated 30 September 2026. Source-rounded counts do not identify investors active in a month.

Only published observations are shown. Missing periods are not zero and have not been interpolated.

Unique registered investors are not trading accounts, active investors or monthly additions. Source-rounded counts are converted from thousands. The publisher groups smaller states and union territories in Others. no individual values have been imputed.

publisher-rounded to the nearest thousand. not exact individual counts

publisher's named state/UT rows plus its explicitly bundled Others category

Public statistical facts compiled under the owner's editorial reuse decision. This is not a publisher licence and does not license source documents or branding.

Unique registered investors are not , trading accounts or investors active in a month. One person may hold several accounts.

Publication cadence: Published registration snapshots.

Full history, published components and source notes · Download CSV

Source: National Stock Exchange of India, India Dispatch Research

Mutual funds

Fund flows

Debt funds recorded net inflows of ₹1.1 trillion (₹1.1 lakh crore) in October 2026

Equity funds recorded net inflows of ₹498.1 billion (₹49,810 crore) ($5.32 billion). Year-to-date comparisons cover the same months in each year.

Fund flows and assets
October 2026 · Flows and assets in ₹ and USD
CategoryLatest monthPrevious monthMoM2026 YTDLast year5 years agoAUM
Equity schemes and non-Gold ETFs₹498.1 billion (₹49,810 crore)$5.32 billion₹493.6 billion (₹49,360 crore)$5.27 billion+0.9%₹4.1 trillion (₹4.1 lakh crore)$44.2 billion₹3.6 trillion (₹3.6 lakh crore)$38.2 billion₹1.1 trillion (₹1.1 lakh crore)$11.8 billion₹46.9 trillion (₹46.9 lakh crore)$501 billion
Equity schemes (excluding ETFs)₹329.9 billion (₹32,990 crore)$3.52 billion₹383.1 billion (₹38,310 crore)$4.09 billion−13.9%₹3.1 trillion (₹3.1 lakh crore)$32.7 billion₹2.9 trillion (₹2.9 lakh crore)$31.2 billion₹599.8 billion (₹59,980 crore)$6.4 billion₹37.1 trillion (₹37.1 lakh crore)$396 billion
All non-Gold ETFs₹168.2 billion (₹16,820 crore)$1.8 billion₹110.5 billion (₹11,050 crore)$1.18 billion+52.2%₹1.1 trillion (₹1.1 lakh crore)$11.5 billion₹660.2 billion (₹66,020 crore)$7.05 billion₹508.2 billion (₹50,820 crore)$5.42 billion₹9.8 trillion (₹9.8 lakh crore)$104 billion
Debt₹1.1 trillion (₹1.1 lakh crore)$12.1 billion−₹1.8 trillion (−₹1.8 lakh crore)−$19.5 billionSwung to inflow−₹269 billion (−₹26,900 crore)−$2.87 billion₹2.8 trillion (₹2.8 lakh crore)$29.6 billion−₹4 billion (−₹400 crore)−$42.9 million₹18.8 trillion (₹18.8 lakh crore)$201 billion
Short duration₹1.2 trillion (₹1.2 lakh crore)$12.7 billion−₹1.7 trillion (−₹1.7 lakh crore)−$18.5 billionSwung to inflow₹680.5 billion (₹68,050 crore)$7.26 billion₹2.7 trillion (₹2.7 lakh crore)$28.6 billion−₹367.9 billion (−₹36,790 crore)−$3.93 billion₹14.6 trillion (₹14.6 lakh crore)$156 billion
Other debt schemes−₹59.4 billion (−₹5,940 crore)−$634 million−₹96.8 billion (−₹9,680 crore)−$1.03 billionOutflow narrowed−₹949.5 billion (−₹94,950 crore)−$10.1 billion₹102 billion (₹10,200 crore)$1.09 billion₹363.9 billion (₹36,390 crore)$3.88 billion₹4.2 trillion (₹4.2 lakh crore)$45.2 billion
Arbitrage₹39.3 billion (₹3,930 crore)$419 million−₹39.6 billion (−₹3,960 crore)−$422 millionSwung to inflow₹169.1 billion (₹16,910 crore)$1.8 billion₹680 billion (₹68,000 crore)$7.26 billion₹455.5 billion (₹45,550 crore)$4.86 billion₹3 trillion (₹3 lakh crore)$31.7 billion
Balanced and multi-asset−₹4.1 billion (−₹410 crore)−$44.3 million₹35 billion (₹3,500 crore)$374 millionSwung to outflow₹645 billion (₹64,500 crore)$6.88 billion₹645.9 billion (₹64,590 crore)$6.89 billion₹469.4 billion (₹46,940 crore)$5.01 billion₹8.5 trillion (₹8.5 lakh crore)$90.9 billion

data.indiadispatch.com

Retained SIP decomposition · September 2026
CategoryPublished monthly amount
SIP contributions₹324.9 billion (₹32,490 crore)$3.47 billion
Other equity flows₹58.2 billion (₹5,820 crore)$621 million

The current SIP source is unavailable. These observations retain their original month and do not decompose the current fund-flow total.

Source: Association of Mutual Funds in India, India Dispatch Research

Gold and silver funds

Gold and silver recorded net inflows of ₹65.7 billion (₹6,570 crore) in October 2026

Gold recorded net inflows of ₹34.7 billion (₹3,470 crore) ($371 million). Silver ETFs recorded net inflows of ₹30.9 billion (₹3,090 crore) ($330 million).

Gold and Silver ETFsMonthly net flows

₹ and USD

Gold ETFsSilver ETFs
Gold ETF folios12.74 million₹1.8 trillion · $19.2 billion in assets
Silver ETF folios5.35 million₹702.21 billion · $7.5 billion in assets

data.indiadispatch.com

Source: Association of Mutual Funds in India, India Dispatch Research

Discretionary equity flows

Investors added an estimated ₹58.2 billion (₹5,820 crore) outside SIPs in September 2026

The estimate equals net flows into equity-oriented funds less industry-wide contributions. The corresponding dollar value is $621 million.

Terms in this reading
SIP
A systematic investment plan, usually a standing monthly contribution into a mutual fund. Definition and conventions
Approximate lump-sum equity flowsDiscretionary money and market returns

₹58.2 billion · $621 million · −6.1%

Approximate flowNifty 50 monthly return
Bars: ₹ and USD, left scaleLine: monthly return, right scale

data.indiadispatch.com

Source: Association of Mutual Funds in India and National Stock Exchange, India Dispatch Research

contributions

churn

79 SIPs were stopped or completed for every 100 registered in September 2026

SIPs are standing monthly contributions into mutual funds. The comparison uses registrations and discontinuations through September 2026.

Terms in this reading
SIP
A systematic investment plan, usually a standing monthly contribution into a mutual fund. Definition and conventions
SIP accountsRegistrations and discontinuations

September 2026

April 2026
5.07 million new
5.13 million discontinued
101.1% stoppage ratio
May 2026
5.42 million new
5.17 million discontinued
95.5% stoppage ratio
June 2026
5.55 million new
5.06 million discontinued
91.2% stoppage ratio
July 2026
6.14 million new
5.03 million discontinued
81.9% stoppage ratio
August 2026
6.64 million new
5.38 million discontinued
81.1% stoppage ratio
September 2026
6.33 million new
4.97 million discontinued
78.5% stoppage ratio
Outstanding accounts108.89 million
Contributing accounts100.65 million
Did not contribute this month8.24 million
Monthly contribution₹324.9 billion$3.47 billion

SIP assets were ₹17.86 trillion ($191 billion) at the end of September 2026.

data.indiadispatch.com

Source: Association of Mutual Funds in India, India Dispatch Research

Cash-market trading

Equity-market activity

Mutual funds bought ₹424.5 billion (₹42,450 crore) more equities than they sold in October 2026

That net purchase equals $4.53 billion. Net is purchases less sales in the cash market.

Cash-market activity by investor group
October 2026 · Buy, sell and net in ₹ and USD
CategoryBuySellNet
Banks₹25.5 billion (₹2,550 crore)$273 million₹58.1 billion (₹5,810 crore)$620 million−₹32.5 billion (−₹3,250 crore)−$347 million
Insurance companies₹542.1 billion (₹54,210 crore)$5.79 billion₹497.7 billion (₹49,770 crore)$5.31 billion₹44.4 billion (₹4,440 crore)$474 million
Mutual funds₹2.5 trillion (₹2.5 lakh crore)$26.4 billion₹2.1 trillion (₹2.1 lakh crore)$21.9 billion₹424.5 billion (₹42,450 crore)$4.53 billion
AIFs₹161.9 billion (₹16,190 crore)$1.73 billion₹107.5 billion (₹10,750 crore)$1.15 billion₹54.4 billion (₹5,440 crore)$580 million
PMS₹169.4 billion (₹16,940 crore)$1.81 billion₹153.4 billion (₹15,340 crore)$1.64 billion₹16 billion (₹1,600 crore)$171 million
Foreign institutional investors₹3.1 trillion (₹3.1 lakh crore)$33 billion₹3.4 trillion (₹3.4 lakh crore)$36.6 billion−₹341.9 billion (−₹34,190 crore)−$3.65 billion
Retail₹7.8 trillion (₹7.8 lakh crore)$83.2 billion₹7.9 trillion (₹7.9 lakh crore)$84.7 billion−₹148.6 billion (−₹14,860 crore)−$1.59 billion
Others₹8.6 trillion (₹8.6 lakh crore)$91.3 billion₹8.6 trillion (₹8.6 lakh crore)$91.5 billion−₹16.2 billion (−₹1,620 crore)−$173 million

data.indiadispatch.com

Source: National Stock Exchange, India Dispatch Research

Foreign investment

Foreign investment

Foreign investors withdrew ₹348.4 billion (₹34,840 crore) from equities and added ₹6.9 billion (₹690 crore) to debt in October 2026

The equity move equals $3.72 billion. The debt move equals $73.7 million. The chart uses complete months reported by NSDL.

Foreign portfolio investmentMonthly net investment

₹ and USD

EquityDebtHybrid

data.indiadispatch.com

Source: National Securities Depository, India Dispatch Research

Foreign equity by sector

Foreign investors sent the most equity capital into information technology and withdrew the most from fast moving consumer goods in October 2026

₹135.1 billion (₹13,510 crore) ($1.44 billion) moved into information technology, while −₹97.3 billion (−₹9,730 crore) (−$1.04 billion) left fast moving consumer goods.

Foreign equity flow into consumer services

Monthly foreign equity flow−₹25.93 billion−$277 million

October 2026

Foreign equity flow into consumer services: 13 observations shown, from October 2025 through October 2026.

Foreign equity flow into consumer services. Latest shown reading: −₹25.93 billion (−$277 million) in October 2026.
Foreign equity flow into consumer services, observations in the selected range
PeriodValue in Indian rupeesUS dollar equivalent at the site’s dated reference rate
October 2025−₹34.62 billion−$370 million
November 2025−₹39.93 billion−$426 million
December 2025₹33.4 billion$356 million
January 2026−₹55.13 billion−$588 million
February 2026−₹41.72 billion−$445 million
March 2026−₹21.41 billion−$229 million
April 2026−₹77.7 billion−$829 million
May 2026−₹19.95 billion−$213 million
June 2026₹12.29 billion$131 million
July 2026₹102.01 billion$1.09 billion
August 2026₹84.17 billion$898 million
September 2026₹23.33 billion$249 million
October 2026−₹25.93 billion−$277 million

data.indiadispatch.com

Largest inflows

SectorMonthly flowEquity AUC
Information Technology₹135.1 billion (₹13,510 crore)$1.44 billion₹4.3 trillion (₹4.3 lakh crore)$45.9 billion
Telecommunication₹71.4 billion (₹7,140 crore)$762 million₹3.7 trillion (₹3.7 lakh crore)$39.8 billion
Services₹9.2 billion (₹920 crore)$98.2 million₹1.9 trillion (₹1.9 lakh crore)$19.9 billion
Media, Entertainment & Publication₹3.9 billion (₹390 crore)$41.8 million₹114.1 billion (₹11,410 crore)$1.22 billion
Others₹2.2 billion (₹220 crore)$23.7 million₹297.2 billion (₹29,720 crore)$3.17 billion
Diversified₹270 million (₹27 crore)$2.88 million₹32.6 billion (₹3,260 crore)$348 million

data.indiadispatch.com

Largest outflows

SectorMonthly flowEquity AUC
Fast Moving Consumer Goods−₹97.3 billion (−₹9,730 crore)−$1.04 billion₹2.6 trillion (₹2.6 lakh crore)$27.3 billion
Financial Services−₹95.2 billion (−₹9,520 crore)−$1.02 billion₹19.6 trillion (₹19.6 lakh crore)$209 billion
Automobile and Auto Components−₹76.3 billion (−₹7,630 crore)−$814 million₹4.7 trillion (₹4.7 lakh crore)$50.6 billion
Healthcare−₹55.5 billion (−₹5,550 crore)−$593 million₹5.3 trillion (₹5.3 lakh crore)$56.4 billion
Capital Goods−₹47.1 billion (−₹4,710 crore)−$503 million₹4.5 trillion (₹4.5 lakh crore)$48 billion
Oil, Gas & Consumable Fuels−₹46.5 billion (−₹4,650 crore)−$496 million₹4.1 trillion (₹4.1 lakh crore)$43.8 billion

data.indiadispatch.com

Source: National Securities Depository, India Dispatch Research

Derivatives

Equity derivatives

Proprietary desks accounted for 55.1% of reported equity-derivatives contracts in October 2026

Equity derivativesWho traded the contracts

October 2026

38.4%
6.3%
55.1%
Clients38.4%
Domestic institutions0.2%
Foreign institutions6.3%
Proprietary desks55.1%

Share of long and short contracts reported in NSE’s daily participant files. NSE publishes clients as one group, so retail and corporate activity are not split here.

data.indiadispatch.com

Source: National Stock Exchange, India Dispatch Research

Government bonds

Bond ownership

Funds and investment managers hold 50% of the government bonds fully open to foreigners

The , or FAR, identifies central-government bonds foreign investors can buy without aggregate investment limits. The comparison is against September 2026.

Terms in this reading
FAR
The Fully Accessible Route, the set of central government bonds foreign investors may buy without aggregate investment limits. Definition and conventions
Month-end Debt-FAR AUCWho owns the bonds

October 2026

₹3.2 trillion$34.1 billionheld under FAR
Central banks, sovereign funds and multilaterals19.5%
Government-related and pension funds16.7%
Banks and broker-dealers4.5%
Funds and investment managers50.2%
Corporates and family offices8.3%
Others0.9%

data.indiadispatch.com

One-month changeWho added FAR bonds

vs September 2026

Central banks, sovereign funds and multilaterals
−₹50.3 billion−$537 million
Government-related and pension funds
−₹5.1 billion−$54.6 million
Banks and broker-dealers
−₹7.7 billion−$82 million
Funds and investment managers
−₹25 billion−$266 million
Corporates and family offices
+₹33.9 billion+$362 million
Others
−₹1.1 billion−$11.3 million

data.indiadispatch.com

Source: National Securities Depository and Clearing Corporation of India, India Dispatch Research

Bond maturities

79% of foreign holdings in fully accessible government bonds mature within ten years

Each bar is rebuilt from CCIL’s security-level holdings. Years to maturity are calculated from the bond’s stated maturity year.

CCIL indicative holdingsWhere the holdings mature

As of 11 November 2026

Years to maturity₹3.6 trillion · $38.9 billion total

data.indiadispatch.com

Source: National Securities Depository and Clearing Corporation of India, India Dispatch Research

Bond supply

The RBI absorbed 78% of new government bond supply in 2025-26

Holdings are reconstructed from RBI’s fiscal year-end ownership shares and the outstanding stock of central-government dated securities.

Government bond supplyWho absorbed the net increase

Share of net government bond supply

2021-222022-232023-242024-252025-26

Flows are the change in each investor group’s holdings between fiscal year ends. The denominator is the change in total central-government dated securities outstanding.

data.indiadispatch.com

Source: Reserve Bank of India, India Dispatch Research

Daily rupee and government-bond benchmarks

Data through

FBIL's USD/INR reference benchmark was ₹93.8579 per US dollar

FBIL's published currency benchmark is separate from the ECB reference used for display conversions. The bond benchmark has its own date and compounding convention.

FBIL USD/INR reference rate, rupees per one US dollar: 28 observations shown, from 24 September 2026 through 9 November 2026.

FBIL USD/INR reference rate, rupees per one US dollar. Latest shown reading: ₹93.8579 per USD in 9 November 2026.
FBIL USD/INR reference rate, rupees per one US dollar, observations in the selected range
PeriodIndian rupees per one US dollar
24 September 2026₹95.9099 per USD
25 September 2026₹95.8918 per USD
1 October 2026₹95.9927 per USD
5 October 2026₹96.2831 per USD
6 October 2026₹96.4348 per USD
7 October 2026₹96.6230 per USD
8 October 2026₹96.7733 per USD
9 October 2026₹96.6149 per USD
12 October 2026₹95.7485 per USD
13 October 2026₹95.2477 per USD
14 October 2026₹95.0317 per USD
15 October 2026₹95.0691 per USD
16 October 2026₹95.0194 per USD
19 October 2026₹94.7691 per USD
21 October 2026₹94.7145 per USD
22 October 2026₹94.6986 per USD
23 October 2026₹94.9432 per USD
26 October 2026₹95.1549 per USD
27 October 2026₹95.1623 per USD
28 October 2026₹95.2278 per USD
29 October 2026₹95.3688 per USD
30 October 2026₹95.2492 per USD
2 November 2026₹94.8755 per USD
3 November 2026₹94.8606 per USD
4 November 2026₹94.8416 per USD
5 November 2026₹94.3996 per USD
6 November 2026₹94.1402 per USD
9 November 2026₹93.8579 per USD

data.indiadispatch.com

FBIL USD/INR reference rate. Last 6 published rows. Read the complete table.
DateBenchmarkUnitQuote conventionPublished annualized counterpartOfficial publication
2 November 2026₹94.8755 per US dollarINR per USDINR per one USDNot applicableOfficial source
3 November 2026₹94.8606 per US dollarINR per USDINR per one USDNot applicableOfficial source
4 November 2026₹94.8416 per US dollarINR per USDINR per one USDNot applicableOfficial source
5 November 2026₹94.3996 per US dollarINR per USDINR per one USDNot applicableOfficial source
6 November 2026₹94.1402 per US dollarINR per USDINR per one USDNot applicableOfficial source
9 November 2026₹93.8579 per US dollarINR per USDINR per one USDNot applicableOfficial source
Source notes

The 10-year government-security par yield was 7.23% with semi-annual compounding on 4 November 2026. Its separately published annualized counterpart was 7.36%.

Only published observations are shown. Missing periods are not zero and have not been interpolated.

USD/INR is the dated FBIL reference fixing, distinct from display-conversion FX.

The 10-year quote is the published par yield with semi-annual compounding. the annualized quote and complete source curve are retained separately.

Only published archive dates are requested. Missing business days are never interpolated or assigned a new observation date.

Public statistical facts compiled under the owner's editorial reuse decision. This is not a publisher licence and does not license source documents or branding.

The two benchmark series have independent source dates. A 10-year par yield is not a bond-auction cutoff or a monthly average. Unpublished holidays have no fabricated reading.

These are benchmark levels, not currency-converted amounts or investment recommendations.

Publication cadence: Daily on published business days.

Full history, published components and source notes · Download CSV

Source: Financial Benchmarks India Private Limited, India Dispatch Research

Pensions

Pension capital

India’s held ₹1.85 trillion (₹1.85 lakh crore) in equity assets in October 2026

That is $19.8 billion, or 9186794.7 times ₹0.2 million (₹2 lakh) in May 2009. The is India’s government-regulated, market-linked retirement system.

National Pension SystemAssets held in equity schemes

₹1.85 trillion · $19.8 billion

The chart shows assets held at month-end. It does not treat changes in market value as investment flows.

data.indiadispatch.com

Source: Pension Fund Regulatory and Development Authority, India Dispatch Research

Demat account: An account that holds shares and other securities electronically. One investor can hold more than one account. Definition and conventionsAUM: Assets under management, the value of investments managed by a fund or institution at the stated date. Assets are a stock, not a monthly inflow. Definition and conventionsETF: An exchange-traded fund, a fund whose units trade on an exchange. A fund folio is an account, not necessarily a unique investor. Definition and conventionsSIP: A systematic investment plan, usually a standing monthly contribution into a mutual fund. Definition and conventionsFAR: The Fully Accessible Route, the set of central government bonds foreign investors may buy without aggregate investment limits. Definition and conventionsFPI: Foreign portfolio investment, purchases of securities such as shares and bonds by overseas investors. Net flows subtract their sales from their purchases. Definition and conventionsNPS: The National Pension System, India’s government-regulated defined-contribution retirement system. Definition and conventionsIPO: An initial public offering, a company’s first public sale of shares. Main-board and smaller-company offerings are separately classified in the source. Definition and conventionsFII: Foreign institutional investor, a name often used when discussing foreign portfolio investors. The source’s investor category and period remain authoritative. Definition and conventions