Inside Zerodha’s race to become the Vanguard of India’s stock market

India’s $442 billion asset management industry is finally having to reckon with the passive investing juggernaut. After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April. Passive products now account for nearly a quarter of equity assets under management … Read more

Zerodha founder Nikhil Kamath shares his story

Nikhil Kamath, along with his elder brother Nithin Kamath, co-founded Zerodha, India’s biggest stock brokerage company in terms of volume. The brother also founded True Beacon, an asset management company. The brothers entered Forbes’ list of India’s 100 richest 2020. The younger brother, in a recent interview, laid bare his life’s story. From being a … Read more