Individual investors in India have expanded drastically over the years. More than 14 million new investor Demat accounts have been opened in 2020-21, compared to less than 5 million in 2019-20. The number of new Demat accounts in the first half of the year 2022 was around 15 million, which is already higher than the entire 2021. The sheer figures indicate the widespread retail engagement in investments. Individual investors now account for 45% of total stock exchange turnover, up from 395% in March this year, according to NSE.