Over 10 lakh investor accounts added in a year

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Press Trust of India New Delhi
Last Updated : Oct 20 2014 | 4:22 PM IST
The number of investor accounts at the country's two depositories -- NSDL and CDSL -- together stood at 2.25 crore at the end of September, an addition of more than 10 lakh investor accounts year-on-year.
The total number of investor accounts at the depositories stood at about 2.15 crore in September 2013.
National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) allow investors to deposit securities by opening an account.
Securities like shares, debentures, bonds of investors are held in electronic form (dematerialised form) at the depositories.
Individually, the total number of investor accounts at NSDL was 1.34 crore as of September-end 2014 as against 1.29 crore in the same period last year.
CDSL had as many as 91.23 lakh investor accounts at the end of September this year, a sharp jump from 85.60 lakh accounts in the year-ago period.
Together, the total number of investor accounts stood at 2.25 crore in September, an addition of 10,30,949 accounts from the same month in 2013.
Month-on-month, the cumulative number of investor accounts in both the depositories rose by 1.7 lakh in September over the preceding month.
Meanwhile, data showed that the total value of securities in dematerialised form at the depositories stood at more than Rs 121 lakh crore at the end of September, a rise of nearly 64 per cent over the same period in 2013.
NSDL registered demat securities worth about Rs 107.2 lakh crore while CDSL recorded demat value of more than Rs 14 lakh crore on its platform, as on September 30, 2014.
Besides, the cumulative quantity of securities in demat form stood at 1.05 lakh crore in September as compared to 44,241 crore in the year-ago period.
The volume of demat securities on NSDL and CDSL stood at 86,185 crore and Rs 18,870 crore, respectively as on September this year.
The depositories hold investors' securities in electronic form through their registered depository participants.
These securities include common equity shares, preference shares, debentures, mutual fund units, among others.
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First Published: Oct 20 2014 | 4:22 PM IST

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