It also points to a sharp growth in unique and first-time investors during this period. Interestingly, Kamath said mutual funds have emerged as the biggest beneficiaries of this transition, even as direct equity participation has not increased significantly compared to mutual fund inflows — a trend he finds surprising.
“Indian markets have changed dramatically in the post-pandemic period. The first big change, of course, is the significant increase in new investors. There are now over 11 crore unique investors. The second big development is the increase in first-time investors. Mutual funds have become the go-to avenue for new investors entering the markets, as you can see in the chart. Surprisingly, mutual funds have seen a significant change in part to sip funds,” Kamath said in a tweet.
“It’s early days, but there have been significant changes with FDs, real estate etc. Considering the volatile and closed world we are heading towards and the huge investments required in the future, this “deepening” of the markets is a good thing,” said the founder.
Indian markets have changed dramatically in the post-pandemic period. The first big change, of course, is the significant increase in new investors. Currently there are more than 11 crore unique investors.
Another big development is the increase in first-time investors. Mutual Funds… https://t.co/4m1aI564FU”>pic.twitter.com/4m1aI564FU
— Nithin Kamath (@Nithin0dha) https://twitter.com/Nithin0dha/status/2027356933653672427?ref_src=twsrc%5Etfw“> February 27, 2026

