Angel One client base rises 17.8% YoY to 39.56Mn in August 2026
- Angel One client base grew 17.8% YoY to 39.56 million in August 2026
- Average client funding book hit all-time high of ₹74.21 billion, up 40.2% YoY
- Option premium ADTO surged 116.6% YoY to ₹3,151 billion
- Gross acquisitions rose 19.9% MoM to 0.57 million
- Unique MF SIPs increased 15.9% MoM to 720,680

*this image is generated using AI for illustrative purposes only.
Angel One Limited reported a 17.8% year-on-year increase in its client base to 39.56 million for August 2026, driven by sustained acquisition momentum and rising average client funding levels.
The Mumbai-based discount broker also disclosed that its average client funding book reached an all-time high of ₹74.21 billion, reflecting deepening engagement within its existing franchise despite a moderation in daily order volumes.
Key Business Metrics
| Metric | Aug '26 | Jul '26 | Aug '25 | MoM Change | YoY Change |
|---|---|---|---|---|---|
| Client Base (Mn) | 39.56 | 39.03 | 33.57 | 1.4% | 17.8% |
| Gross Acquisitions (Mn) | 0.57 | 0.47 | 0.55 | 19.9% | 3.8% |
| Avg Funding Book (₹ Bn) | 74.21 | 70.81 | 52.91 | 4.8% | 40.2% |
| Unique MF SIPs ('000) | 720.68 | 621.76 | 706.51 | 15.9% | 2.0% |
Gross client acquisitions rose 19.9% month-on-month to 0.57 million, marking a six-month high. Unique mutual fund systematic investment plan (SIP) registrations also climbed 15.9% to 720,680, indicating strong retail participation in wealth management products.
Turnover and Market Share Dynamics
Trading activity showed mixed trends across segments. While cash segment average daily turnover (ADTO) grew modestly, derivatives activity saw significant divergence between notional and premium metrics.
| Segment | Metric | Aug '26 | Jul '26 | Aug '25 | MoM Change | YoY Change |
|---|---|---|---|---|---|---|
| Overall Equity | Notional ADTO (₹ Bn) | 41,389 | 48,787 | 45,841 | -15.2% | -9.7% |
| Overall Equity | Option Premium ADTO (₹ Bn) | 3,151 | 2,032 | 1,455 | 55.1% | 116.6% |
| F&O | Notional ADTO (₹ Bn) | 38,351 | 46,889 | 44,511 | -18.2% | -13.8% |
| Cash | ADTO (₹ Bn) | 82 | 81 | 69 | 1.6% | 18.4% |
| Commodity | ADTO (₹ Bn) | 2,956 | 1,817 | 1,261 | 62.6% | 134.4% |
Option premium turnover surged 116.6% year-on-year to ₹3,151 billion, contrasting with a 9.7% decline in overall notional equity ADTO. Commodity ADTO more than doubled year-on-year, rising 134.4% to ₹2,956 billion.
Market share positions moderated slightly across key segments. Retail turnover market share in overall equity fell by 127 basis points to 19.5%, while cash segment share declined by 158 basis points to 17.0%.
What the Numbers Show
The data reveals a distinct shift in trading behavior towards higher-value derivative strategies. While notional F&O turnover contracted 13.8% year-on-year, option premium turnover expanded by 116.6% over the same period. This divergence suggests clients are engaging in complex options strategies rather than simple directional bets, even as overall order volume dipped 9.8% year-on-year.
Simultaneously, the 40.2% year-on-year growth in the average client funding book outpaced the 17.8% growth in the client base. This indicates that existing clients are increasing their capital deployment, reinforcing the depth of the franchise beyond mere top-line acquisition numbers.
Historical Stock Returns for Angel One
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.42% | -3.35% | -5.30% | +26.37% | +25.87% | +131.77% |
How will the significant divergence between declining notional F&O turnover and surging option premium turnover impact Angel One's revenue mix and commission structures in the coming quarters?
What specific strategies is Angel One implementing to reverse the recent decline in retail market share within the overall equity and cash segments?
Given the 40.2% YoY growth in average client funding, how might this deepening capital deployment influence Angel One's cross-selling success for wealth management products like Mutual Funds?

































