Angel One's client base crosses 10 million in May 2022

Angel One announced that its client base increased to 10.10 million in month of May 2022 compared to 9.64 million in April 2022 and 4.84 million in May 2021.

In May 2022, the average client funding book rose to Rs 18.84 million, recording a month-on-month growth of 9.8%. The number of orders rose to 70.63 million compared to 66.14 million in April 2022 and 47.61 million in May 2021.

The overall average daily turnover (ADTO) fell 5.7% to Rs 8,942 billion in month of May 2022 over April 2022. The F&O ADTO declined 5.5% to Rs 8729 billion.

Due to unavailability of industry data, May 2022 retail turnover market share for overall equity and cash segments is unavailable. The retail market share in F&O segment declined by 151 bps to 19.9% in May 2022 compared to 21.4% in April 2022.

 

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