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Groww leads active client additions; Zerodha, Angel One record modest growth in February

Online investment platform Groww continued to dominate new client additions in February, while Zerodha and Angel One reported relatively moderate growth during the month.

According to data from the National Stock Exchange (NSE), the total number of active investors increased by 3.56 lakh in February, slightly higher than the 3 lakh increase recorded in January. The NSE classifies investors as active if they have executed at least one trade in the past 12 months.

Key highlights

  • Groww led the industry in adding the highest number of active clients during the month.
  • Zerodha and Angel One also added clients, but their growth pace was more modest compared to Groww.
  • The steady rise in active investors indicates continued retail participation in the equity markets, even amid market volatility.

What it means

The growth in active investors reflects the increasing popularity of online brokerage platforms and mobile trading apps, which have made stock market investing more accessible to retail participants across India.

Overall, the brokerage industry continues to see gradual expansion in its active user base, with digital-first platforms maintaining a strong lead in attracting new investors.

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