NSE data: India's median investor age falls to 33, under-30s now 37.9% of base

India's stock market investor base is undergoing a significant demographic transformation, with the median age of investors falling to 33 years as of June 2026, down from 38 years in March 2020. This shift is detailed in the National Stock Exchange's 'Market Ki Pulse' report, which highlights a market that is not only younger but also more geographically diverse and increasingly gender-balanced.

The share of investors under the age of 30 has climbed sharply, rising from 23.5% in March 2020 to 37.9% by June 2026. This younger cohort is also driving new market entry, accounting for 59% of all new registrations in the first quarter of the current financial year (April-June 2026), compared to 52% in FY20.

The report also points to a broadening of the investor base beyond traditional financial hubs. While the top five states—Maharashtra, Uttar Pradesh, Gujarat, West Bengal, and Rajasthan—still account for a combined 47.6% of all investors, states outside the top ten now represent 26.9% of the total, up from roughly 22% in FY17.

Gender diversity is also improving, with women now comprising approximately 25% of all investors nationwide. Maharashtra leads in this metric with 28.9% female participation, followed by Tamil Nadu at 28.5% and Uttar Pradesh at 19.1%.

Regionally, North India holds the largest share of the investor base at 36.8%, followed by West India (29.1%), South India (21.1%), and East India (12.1%).

The total number of registered investors has reached 13.2 crore, with growth accelerating to a compound annual growth rate (CAGR) of 34.01% between FY21 and FY26, a marked increase from the 19.3% CAGR recorded in the preceding five-year period.