The decline in the stock market during the fiscal 2008-09 didn't discourage retail investors from taking exposure to mutual funds, data from SEBI annual release revealed.
As on March 31, 2009, individual investor accounts grew 9.5 per cent to 4.60 crore, compared with 4.20 crore individual accounts held during the previous fiscal.
The year also saw more people taking up the business as sub-brokers — the new registrations for the sub-broker went up by 42.2 per cent during the last fiscal, SEBI annual report said.
SEBI registered sub-brokers number grew to 62,471 with a net addition of 18,596 sub-brokers during the last fiscal.
During the year 2008-09, SEBI registered 275 new stockbrokers, taking the total number of SEBI-registered brokers to 8,652.
The filing fees (non-recurring income) collected by SEBI for offer documents and prospectuses for public issues dropped to Rs 4 crore, from Rs 85 crore the previous year.
As on March 31, 2009, individual investor accounts grew 9.5 per cent to 4.60 crore, compared with 4.20 crore individual accounts held during the previous fiscal.
The year also saw more people taking up the business as sub-brokers — the new registrations for the sub-broker went up by 42.2 per cent during the last fiscal, SEBI annual report said.
SEBI registered sub-brokers number grew to 62,471 with a net addition of 18,596 sub-brokers during the last fiscal.
During the year 2008-09, SEBI registered 275 new stockbrokers, taking the total number of SEBI-registered brokers to 8,652.
The filing fees (non-recurring income) collected by SEBI for offer documents and prospectuses for public issues dropped to Rs 4 crore, from Rs 85 crore the previous year.
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