Only 3% of Indians own equities, Jefferies sees a long structural runway ahead
The figure stands at around 18% in China and more than 60% in the United States.
India’s equity market has expanded at a remarkable pace since the pandemic. The number of direct investors has risen nearly fourfold, demat accounts have multiplied, and monthly SIP flows have reached levels that would have seemed improbable a decade ago. Yet for all the growth, overall participation remains strikingly limited. According to Jefferies, just 3% of India’s population invests in equities.
