Participation of Retail Investors in Indian Equity Market

There are many studies on estimating retail investors in Indian Equity Market. However, each of them remains short on exact number. This paper is also an attempt to arrive at estimated number of retail investors in the Indian equity market and how it compares with rest of the world. We with our justification estimate population of retail investors at 4.45 percent of total Indian population. Retail investor participation in India is amongst the lowest. Retail investors in India disproportionately distributed with western region dominating with nearly half of the investor population