Key Highlights
- Client base increased 18.1% YoY to 39.03 million in July 2026
- Gross client acquisition stood at 0.47 million up 4.0% MoM and down 26.7% YoY
- Average client funding book rose 39.4% YoY to ₹70.81 billion
- Average daily orders increased 9.5% YoY to 5.86 million despite a 12.2% MoM decline
- Unique MF SIP registrations reached 621.76 thousand up 10.1% MoM
- Overall notional ADTO grew 17.6% YoY to ₹48,787 billion
- F&O notional ADTO increased 15.8% YoY to ₹46,889 billion
- Overall option premium ADTO surged 82.3% YoY to ₹2,032 billion
- Cash ADTO rose 8.2% YoY to ₹81 billion
- Commodity ADTO jumped 96.2% YoY to ₹1,817 billion
- Retail equity option premium market share stood at 20.0%
- F&O retail turnover market share improved to 22.2%
Angel One Limited has released its monthly business update for July 2026, reporting continued growth in its client base and mutual fund registrations despite mixed trends across trading activity. The update, submitted to the stock exchanges under SEBI disclosure regulations, highlights higher client additions and improved retail equity market share, while average daily orders declined amid softer market conditions.
The company reported that its client base increased to 39.03 million in July 2026, compared with 33.06 million in July 2025, reflecting an 18.1% year-on-year (YoY) increase. On a month-on-month (MoM) basis, the client base grew 1.1% from 38.59 million in June 2026.
Gross client acquisition stood at 0.47 million during the month, up 4.0% sequentially from 0.45 million in June 2026 but down 26.7% from 0.64 million a year earlier. Average client funding book rose to ₹70.81 billion, marking a 39.4% YoY increase and a 4.4% rise over June.
Average daily orders (ADO) declined to 5.86 million in July from 6.67 million in June, down 12.2% MoM. However, the figure remained 9.5% higher than the 5.35 million orders recorded in July 2025.
The number of unique mutual fund SIP registrations reached 621.76 thousand during the month, rising 10.1% sequentially, although remaining 30.1% lower than the 889.21 thousand registrations reported in July 2025.
In terms of trading activity, Angel One’s overall Average Daily Turnover (ADTO) based on notional turnover stood at ₹48,787 billion, down 7.9% from June but up 17.6% YoY. The Futures & Options (F&O) segment recorded notional ADTO of ₹46,889 billion, increasing 15.8% from the previous year despite a 6.4% monthly decline.
Based on option premium turnover, overall ADTO came in at ₹2,032 billion, compared with ₹1,115 billion in July 2025, representing an 82.3% YoY increase. F&O premium turnover stood at ₹134 billion, up 17.5% YoY.
Cash ADTO was ₹81 billion, an increase of 8.2% from the previous year but 6.3% lower than June. Commodity ADTO reached ₹1,817 billion, registering a sharp 96.2% YoY rise despite a 34.4% decline on a monthly basis.
Angel One’s retail market share in equity options premium turnover was 20.0% in July 2026, compared with 20.1% a year ago. The F&O retail market share improved to 22.2% from 21.2% in July 2025. Cash turnover market share stood at 17.1%, while commodity turnover market share was 48.0%.
According to the company, business momentum remained healthy during the month, supported by sustained strength in the average client funding book, which reached a new record high. The company said retail equity market share improved sequentially due to gains in both the cash and F&O segments. Commodity market share moderated during the month, partly because of changes in industry product mix. It also noted that average daily orders were lower amid softer market conditions, while user engagement remained resilient with SIP registrations recovering to a five-month high.
