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Five states hold 60% of total demat accounts

According to the data available from National Securities Depository (NSDL), the leading depository, nearly 62.8 per cent of the demat accounts are in the five states Maharashtra, Gujarat, Delhi, Tamil Nadu and Karnataka. Maharashtra leads the number of demat accounts with 22 per cent share, followed by Gujarat with 18 per cent share. These are the only two states having more than a million accounts in NSDL.