Signal Desk · Markets

India could add over 100 million long-term investors by 2035

2026-09-29 · 2 sources · Economic Times Markets

In short

An EY India report says India could add over 100 million long-term investors by 2035. It says investing is spreading beyond big cities and wealthy households, while more than 550 million people use UPI, about 62 million invest in mutual funds, and about 50 million invest in equities.

This matters for markets and fund houses because the pool of potential investors looks very large. The report’s exact assumptions and how fast this shift will happen are not stated.

What the reporting says

India could add over 100 million long-term investors by 2035, according to an EY India report cited in the reporting. The piece says investing is expanding beyond metros and affluent households, while more than 550 million active UPI users contrast with about 62 million mutual fund investors and about 50 million active equity participants. The immediate implication is a large untapped retail-investor base, but the report’s exact assumptions are not stated.

Why it matters

According to an EY India report, India could gain over 100 million long-term investors by 2035 as investing broadens beyond metros and affluent households. The reporting contrasts that with more than 550 million active UPI users, about 62 million mutual fund investors and about 50 million active equity participants. That suggests room for growth in retail markets, mutual funds and equities, but the report’s model details are not given.

Touches: Markets, Mutual Funds, Economy

Sources