Zerodha founder and CEO Nithin Kamath has warned that a continuation of the ongoing stock market headwinds may force his brokerage house, which has long pioneered a free platform for its millions of users, may have to start charging fees. In a recent blog, Nithin Kamath said that Zerodha had suffered a significant 40 per … Read more
Zerodha co-founder and CEO Nithin Kamath has explained why the brokerage firm is not chasing an initial public offering (IPO), even as many Indian startups and financial services companies line up for listings. Responding to a question on Reddit about what makes Zerodha profitable and why the company has avoided going public, Kamath shared that … Read more
Zerodha’s Nithin Kamath has never shied away from straight talk. This week, he laid out a rare self-assessment of his company’s recent growth, or the lack of it, in public. In a detailed post on X (formerly Twitter), Kamath shared that while Zerodha continues to manage increasing volumes of investor wealth, the number of new … Read more
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