ETMarkets Smart Talk | India's retail investing boom is structural, 40 crore demat accounts possible in 10 years: Sandeep Nayak

India's Demat accounts could rise from around 20 crore currently to 30 crore in five years and potentially 40 crore in a decade, driven by young demographics and financialisation of savings, according to Sandeep Nayak of Centrum Finverse. He cautioned that a get-rich-quick mindset and inadequate risk management among younger retail investors, including Gen Z trading in derivatives, remain key challenges. Nayak highlighted that SEBI data shows retail traders lost close to 3.5 lakh crores over the last four years, and Centrum Finverse is positioning itself as a research and guidance-led digital broker to address this gap.