# Zerodha > Zerodha is India's largest stock broker based on net worth as per NSE, trusted by 1.7+ crore customers with ~ ₹7 lakh crores invested. It provides free account opening, zero brokerage on equity investments, trading in futures, options, commodities, and currencies, direct mutual fund investments, fixed deposits, National Pension System (NPS) investments, and free financial education through Varsity. ## Core Trading Platforms & Products - [Zerodha Home](https://zerodha.com/): Primary online platform for stock trading, demat account opening, and investment solutions. - [Products Overview](https://zerodha.com/products/): Suite of trading platforms, financial tools, and investment APIs. - [Kite Web & App](https://kite.zerodha.com): Flagship trading platform offering real-time streaming data, advanced charts (ChartIQ and TradingView), order execution, and market depth analytics. - [Coin](https://coin.zerodha.com): Zero-commission direct mutual fund investment platform for lumpsum and SIP investments. - [Console](https://console.zerodha.com): Central dashboard for portfolio reporting, tax P&L statements, trade books, dividend tracking, and corporate actions. - [Kite Connect API](https://zerodha.com/products/api/): RESTful APIs allowing developers, quants, and fintech startups to automate trades, fetch real-time market data, and build custom investment apps. ## Account Opening - [Open Individual Account](https://zerodha.com/open-account/): Open an individual Demat and trading account online via digital eSign. - [Open Minor Account](https://zerodha.com/open-account/minor/): Open a Demat and trading account for a minor under legal guardianship. - [Open NRI Account](https://zerodha.com/open-account/nri/): Open an NRE or NRO Demat and trading account for Non-Resident Indians(NRI). - [Open HUF Account](https://zerodha.com/open-account/huf/): Open a Demat and trading account for a Hindu Undivided Family (HUF). ## Trading Services, Margin & Transfers - [Commodities Trading](https://zerodha.com/commodities/): Trading MCX futures and options contracts across metals, energy, and agri commodities. - [Margin Trading Facility (MTF)](https://zerodha.com/mtf/): Pay-later facility allowing users to hold equity delivery positions with leverage. - [Fund Transfers](https://zerodha.com/fund-transfer/): Deposit and withdrawal pathways via UPI, Netbanking, IMPS, NEFT, and RTGS. - [Dematerialisation Process](https://zerodha.com/dematerialise/): Converting physical share certificates into digital demat holdings. ## Markets, Intel & Tools - [Stock Market Search & Analysis](https://zerodha.com/markets/stocks/): Directory tool to search, track, and analyze individual stocks listed on the NSE and BSE. - [IPO Platform](https://zerodha.com/ipo/): Live portal to track and apply for current, upcoming, and past Initial Public Offerings (IPOs). - [Holiday Calendar](https://zerodha.com/marketintel/holiday-calendar/): Trading and clearing settlement holiday schedule for NSE, BSE, and MCX. - [Zerodha Bulletin](https://zerodha.com/marketintel/bulletin/): Live operational announcements, intraday leverage updates, surveillance measures, and trading alerts. ## Calculators & Pricing - [Financial Calculators Hub](https://zerodha.com/calculators/): Comprehensive suite of investment tools, including SIP, MTF, NPS, fixed deposit and retirement calculators. - [Pricing & Charges](https://zerodha.com/charges/): Transparent fee schedule detailing zero account opening charges, zero brokerage for equity delivery, and ₹20/trade flat pricing for F&O, intraday, and currencies. - [Brokerage Calculator](https://zerodha.com/brokerage-calculator/): Calculator to estimate total transaction costs including STT, GST, stamp duty, exchange turnover charges, and net P&L. - [Margin Calculator](https://zerodha.com/margin-calculator/): Real-time margin requirement calculator for multi-leg option strategies and futures positions. ## Market Intel & Community - [Z-Connect](https://zerodha.com/z-connect/): Official company blog sharing platform updates, regulatory changes, business metrics, and market telemetry. - [TradingQnA](https://tradingqna.com): Open discussion forum for Indian retail traders, investors, and market enthusiasts. - [Pulse](https://pulse.zerodha.com/): Financial news aggregator collecting live market headlines across major Indian news outlets. - [Referral Program](https://zerodha.com/refer/): Client referral program details, reward points, and brokerage revenue sharing rules. ## Company & Philosophy - [About Zerodha](https://zerodha.com/about/): Background, executive leadership, operational metrics, and company history. - [Company Philosophy](https://zerodha.com/about/philosophy/): Core product-first, bootstrapped, and zero-marketing business philosophy. - [Support Portal](https://support.zerodha.com/): Official knowledge base and support documentation for account setup, demat transfers, and platform usage. ## Nifty 50 Stocks Directory - [Adani Enterprises](https://zerodha.com/markets/stocks/NSE/ADANIENT/): Real-time market data and financials for ADANIENT. - [Adani Ports & SEZ](https://zerodha.com/markets/stocks/NSE/ADANIPORTS/): Real-time market data and financials for ADANIPORTS. - [Apollo Hospitals](https://zerodha.com/markets/stocks/NSE/APOLLOHOSP/): Real-time market data and financials for APOLLOHOSP. - [Asian Paints](https://zerodha.com/markets/stocks/NSE/ASIANPAINT/): Real-time market data and financials for ASIANPAINT. - [Axis Bank](https://zerodha.com/markets/stocks/NSE/AXISBANK/): Real-time market data and financials for AXISBANK. - [Bajaj Auto](https://zerodha.com/markets/stocks/NSE/BAJAJ-AUTO/): Real-time market data and financials for BAJAJ-AUTO. - [Bajaj Finance](https://zerodha.com/markets/stocks/NSE/BAJFINANCE/): Real-time market data and financials for BAJFINANCE. - [Bajaj Finserv](https://zerodha.com/markets/stocks/NSE/BAJAJFINSV/): Real-time market data and financials for BAJAJFINSV. - [Bharat Electronics (BEL)](https://zerodha.com/markets/stocks/NSE/BEL/): Real-time market data and financials for BEL. - [Bharat Petroleum (BPCL)](https://zerodha.com/markets/stocks/NSE/BPCL/): Real-time market data and financials for BPCL. - [Bharti Airtel](https://zerodha.com/markets/stocks/NSE/BHARTIARTL/): Real-time market data and financials for BHARTIARTL. - [Britannia Industries](https://zerodha.com/markets/stocks/NSE/BRITANNIA/): Real-time market data and financials for BRITANNIA. - [Cipla](https://zerodha.com/markets/stocks/NSE/CIPLA/): Real-time market data and financials for CIPLA. - [Coal India](https://zerodha.com/markets/stocks/NSE/COALINDIA/): Real-time market data and financials for COALINDIA. - [Divi's Laboratories](https://zerodha.com/markets/stocks/NSE/DIVISLAB/): Real-time market data and financials for DIVISLAB. - [Dr. Reddy's Laboratories](https://zerodha.com/markets/stocks/NSE/DRREDDY/): Real-time market data and financials for DRREDDY. - [Eicher Motors](https://zerodha.com/markets/stocks/NSE/EICHERMOT/): Real-time market data and financials for EICHERMOT. - [Grasim Industries](https://zerodha.com/markets/stocks/NSE/GRASIM/): Real-time market data and financials for GRASIM. - [HCL Technologies](https://zerodha.com/markets/stocks/NSE/HCLTECH/): Real-time market data and financials for HCLTECH. - [HDFC Bank](https://zerodha.com/markets/stocks/NSE/HDFCBANK/): Real-time market data and financials for HDFCBANK. - [HDFC Life Insurance](https://zerodha.com/markets/stocks/NSE/HDFCLIFE/): Real-time market data and financials for HDFCLIFE. - [Hero MotoCorp](https://zerodha.com/markets/stocks/NSE/HEROMOTOCO/): Real-time market data and financials for HEROMOTOCO. - [Hindalco Industries](https://zerodha.com/markets/stocks/NSE/HINDALCO/): Real-time market data and financials for HINDALCO. - [Hindustan Unilever](https://zerodha.com/markets/stocks/NSE/HINDUNILVR/): Real-time market data and financials for HINDUNILVR. - [ICICI Bank](https://zerodha.com/markets/stocks/NSE/ICICIBANK/): Real-time market data and financials for ICICIBANK. - [IndusInd Bank](https://zerodha.com/markets/stocks/NSE/INDUSINDBK/): Real-time market data and financials for INDUSINDBK. - [Infosys](https://zerodha.com/markets/stocks/NSE/INFY/): Real-time market data and financials for INFY. - [ITC](https://zerodha.com/markets/stocks/NSE/ITC/): Real-time market data and financials for ITC. - [JSW Steel](https://zerodha.com/markets/stocks/NSE/JSWSTEEL/): Real-time market data and financials for JSWSTEEL. - [Kotak Mahindra Bank](https://zerodha.com/markets/stocks/NSE/KOTAKBANK/): Real-time market data and financials for KOTAKBANK. - [Larsen & Toubro](https://zerodha.com/markets/stocks/NSE/LT/): Real-time market data and financials for LT. - [Mahindra & Mahindra](https://zerodha.com/markets/stocks/NSE/M&M/): Real-time market data and financials for M&M. - [Maruti Suzuki](https://zerodha.com/markets/stocks/NSE/MARUTI/): Real-time market data and financials for MARUTI. - [Nestle India](https://zerodha.com/markets/stocks/NSE/NESTLEIND/): Real-time market data and financials for NESTLEIND. - [NTPC](https://zerodha.com/markets/stocks/NSE/NTPC/): Real-time market data and financials for NTPC. - [Oil & Natural Gas Corp (ONGC)](https://zerodha.com/markets/stocks/NSE/ONGC/): Real-time market data and financials for ONGC. - [Power Grid Corp](https://zerodha.com/markets/stocks/NSE/POWERGRID/): Real-time market data and financials for POWERGRID. - [Reliance Industries](https://zerodha.com/markets/stocks/NSE/RELIANCE/): Real-time market data and financials for RELIANCE. - [SBI Life Insurance](https://zerodha.com/markets/stocks/NSE/SBILIFE/): Real-time market data and financials for SBILIFE. - [State Bank of India (SBI)](https://zerodha.com/markets/stocks/NSE/SBIN/): Real-time market data and financials for SBIN. - [Shriram Finance](https://zerodha.com/markets/stocks/NSE/SHRIRAMFIN/): Real-time market data and financials for SHRIRAMFIN. - [Sun Pharmaceutical](https://zerodha.com/markets/stocks/NSE/SUNPHARMA/): Real-time market data and financials for SUNPHARMA. - [Tata Consumer Products](https://zerodha.com/markets/stocks/NSE/TATACONSUM/): Real-time market data and financials for TATACONSUM. - [Tata Motors](https://zerodha.com/markets/stocks/NSE/TMPV/): Real-time market data and financials for TMPV. - [Tata Steel](https://zerodha.com/markets/stocks/NSE/TATASTEEL/): Real-time market data and financials for TATASTEEL. - [Tata Consultancy Services (TCS)](https://zerodha.com/markets/stocks/NSE/TCS/): Real-time market data and financials for TCS. - [Tech Mahindra](https://zerodha.com/markets/stocks/NSE/TECHM/): Real-time market data and financials for TECHM. - [Titan Company](https://zerodha.com/markets/stocks/NSE/TITAN/): Real-time market data and financials for TITAN. - [Trent](https://zerodha.com/markets/stocks/NSE/TRENT/): Real-time market data and financials for TRENT. - [UltraTech Cement](https://zerodha.com/markets/stocks/NSE/ULTRACEMCO/): Real-time market data and financials for ULTRACEMCO. ## Varsity Main Directories - [Varsity Home](https://zerodha.com/varsity/): Free, open-access financial education platform covering stock market basics, technical analysis, fundamental analysis, options trading, and personal finance. - [Modules Directory](https://zerodha.com/varsity/modules/): Categorized index of all written educational modules. ## Varsity Module 1: Introduction to Stock Markets - [Module Overview](https://zerodha.com/varsity/module/introduction-to-stock-markets/) - [The Need to Invest](https://zerodha.com/varsity/chapter/the-need-to-invest/) - [Regulators](https://zerodha.com/varsity/chapter/regulators/) - [Financial Intermediaries](https://zerodha.com/varsity/chapter/financial-intermediaries/) - [The IPO Markets Part 1](https://zerodha.com/varsity/chapter/the-ipo-markets-part-1/) - [The IPO Markets Part 2](https://zerodha.com/varsity/chapter/the-ipo-markets-part-2/) - [The Stock Markets](https://zerodha.com/varsity/chapter/the-stock-markets/) - [The Stock Markets Index](https://zerodha.com/varsity/chapter/the-stock-markets-index/) - [Commonly Used Jargons](https://zerodha.com/varsity/chapter/commonly-used-jargons/) - [The Trading Terminal](https://zerodha.com/varsity/chapter/the-trading-terminal/) - [Clearing and Settlement Process](https://zerodha.com/varsity/chapter/clearing-and-settlement-process/) - [Five Corporate Actions and its Impact on Stock Prices](https://zerodha.com/varsity/chapter/five-corporate-actions-and-its-impact-on-stock-prices/) - [Key Events and Their Impact on Markets](https://zerodha.com/varsity/chapter/key-events-and-their-impact-on-markets/) - [Getting Started](https://zerodha.com/varsity/chapter/getting-started/) - [Supplementary Note IPO OFS FPO](https://zerodha.com/varsity/chapter/supplementary-note-ipo-ofs-fpo/) - [Supplementary Note the 20 Market Depth](https://zerodha.com/varsity/chapter/supplementary-note-the-20-market-depth/) ## Varsity Module 2: Technical Analysis - [Module Overview](https://zerodha.com/varsity/module/technical-analysis/) - [Background](https://zerodha.com/varsity/chapter/background/) - [Introducing Technical Analysis](https://zerodha.com/varsity/chapter/introducing-technical-analysis/) - [Chart Types](https://zerodha.com/varsity/chapter/chart-types/) - [Getting Started Candlesticks](https://zerodha.com/varsity/chapter/getting-started-candlesticks/) - [Single Candlestick Patterns Part 1](https://zerodha.com/varsity/chapter/single-candlestick-patterns-part-1/) - [Single Candlestick Patterns Part 2](https://zerodha.com/varsity/chapter/single-candlestick-patterns-part-2/) - [Single Candlestick Patterns Part 3](https://zerodha.com/varsity/chapter/single-candlestick-patterns-part-3/) - [Multiple Candlestick Patterns Part 1](https://zerodha.com/varsity/chapter/multiple-candlestick-patterns-part-1/) - [Multiple Candlestick Patterns Part 2](https://zerodha.com/varsity/chapter/multiple-candlestick-patterns-part-2/) - [Multiple Candlestick Patterns Part 3](https://zerodha.com/varsity/chapter/multiple-candlestick-patterns-part-3/) - [Support Resistance](https://zerodha.com/varsity/chapter/support-resistance/) - [Volumes](https://zerodha.com/varsity/chapter/volumes/) - [Moving Averages](https://zerodha.com/varsity/chapter/moving-averages/) - [Indicators Part 1](https://zerodha.com/varsity/chapter/indicators-part-1/) - [Indicators Part 2](https://zerodha.com/varsity/chapter/indicators-part-2/) - [Fibonacci Retracements](https://zerodha.com/varsity/chapter/fibonacci-retracements/) - [Dow Theory Part 1](https://zerodha.com/varsity/chapter/dow-theory-part-1/) - [Dow Theory Part 2](https://zerodha.com/varsity/chapter/dow-theory-part-2/) - [Finale Helping Get Started](https://zerodha.com/varsity/chapter/finale-helping-get-started/) - [Supplementary Notes 1](https://zerodha.com/varsity/chapter/supplementary-notes-1/) - [Interesting Features on Tradingview](https://zerodha.com/varsity/chapter/interesting-features-on-tradingview/) - [The Central Pivot Range](https://zerodha.com/varsity/chapter/the-central-pivot-range/) ## Varsity Module 3: Fundamental Analysis - [Module Overview](https://zerodha.com/varsity/module/fundamental-analysis/) - [Introduction Fundamental Analysis](https://zerodha.com/varsity/chapter/introduction-fundamental-analysis/) - [Mindset Investor](https://zerodha.com/varsity/chapter/mindset-investor/) - [Read Annual Report Company](https://zerodha.com/varsity/chapter/read-annual-report-company/) - [Understanding P&L Statement Part 1](https://zerodha.com/varsity/chapter/understanding-pl-statement-part1/) - [Understanding P&L Statement Part 2](https://zerodha.com/varsity/chapter/understanding-pl-statement-part2/) - [Understanding Balance Sheet Statement Part 1](https://zerodha.com/varsity/chapter/understanding-balance-sheet-statement-part-1/) - [Understanding Balance Sheet Statement Part 2](https://zerodha.com/varsity/chapter/understanding-balance-sheet-statement-part-2/) - [Cash Flow Statement](https://zerodha.com/varsity/chapter/cash-flow-statement/) - [Financial Ratio Analysis](https://zerodha.com/varsity/chapter/financial-ratio-analysis/) - [Financial Ratios Part 2](https://zerodha.com/varsity/chapter/financial-ratios-part-2/) - [Financial Ratios Part 3](https://zerodha.com/varsity/chapter/financial-ratios-part-3/) - [Investment Due Diligence](https://zerodha.com/varsity/chapter/investment-due-diligence/) - [Equity Research Part 1](https://zerodha.com/varsity/chapter/equity-research-part-1/) - [DCF Primer](https://zerodha.com/varsity/chapter/dcf-primer/) - [Equity Research Part 2](https://zerodha.com/varsity/chapter/equity-research-part-2/) - [Finale](https://zerodha.com/varsity/chapter/finale/) ## Varsity Module 4: Futures Trading - [Module Overview](https://zerodha.com/varsity/module/futures-trading/) - [Background Forwards Market](https://zerodha.com/varsity/chapter/background-forwards-market/) - [Introducing Futures Contract](https://zerodha.com/varsity/chapter/introducing-futures-contract/) - [Futures Trade](https://zerodha.com/varsity/chapter/futures-trade/) - [Leverage Payoff](https://zerodha.com/varsity/chapter/leverage-payoff/) - [Margin M2M](https://zerodha.com/varsity/chapter/margin-m2m/) - [Margin Calculator Part 1](https://zerodha.com/varsity/chapter/margin-calculator-part-1/) - [Margin Calculator Part 2](https://zerodha.com/varsity/chapter/margin-calculator-part-2/) - [Shorting](https://zerodha.com/varsity/chapter/shorting/) - [Nifty Futures](https://zerodha.com/varsity/chapter/nifty-futures/) - [Futures Pricing](https://zerodha.com/varsity/chapter/futures-pricing/) - [Hedging Futures](https://zerodha.com/varsity/chapter/hedging-futures/) - [Open Interest](https://zerodha.com/varsity/chapter/open-interest/) - [Quick Note on Physical Settlement](https://zerodha.com/varsity/chapter/quick-note-on-physical-settlement/) ## Varsity Module 5: Option Theory - [Module Overview](https://zerodha.com/varsity/module/option-theory/) - [Call Option Basics](https://zerodha.com/varsity/chapter/call-option-basics/) - [Basic Option Jargons](https://zerodha.com/varsity/chapter/basic-option-jargons/) - [Buying a Call Option](https://zerodha.com/varsity/chapter/buying-a-call-option/) - [Sellingwriting a Call Option](https://zerodha.com/varsity/chapter/sellingwriting-a-call-option/) - [The Put Option Buying](https://zerodha.com/varsity/chapter/the-put-option-buying/) - [The Put Option Selling](https://zerodha.com/varsity/chapter/the-put-option-selling/) - [Summarizing Call Put Options](https://zerodha.com/varsity/chapter/summarizing-call-put-options/) - [Moneyness of an Option Contract](https://zerodha.com/varsity/chapter/moneyness-of-an-option-contract/) - [The Option Greeks Delta Part 1](https://zerodha.com/varsity/chapter/the-option-greeks-delta-part-1/) - [Delta Part 2](https://zerodha.com/varsity/chapter/delta-part-2/) - [Delta Part 3](https://zerodha.com/varsity/chapter/delta-part-3/) - [Gamma Part 1](https://zerodha.com/varsity/chapter/gamma-part-1/) - [Gamma Part 2](https://zerodha.com/varsity/chapter/gamma-part-2/) - [Theta](https://zerodha.com/varsity/chapter/theta/) - [Understanding Volatility Part 1](https://zerodha.com/varsity/chapter/understanding-volatility-part-1/) - [Volatility Calculation Historical](https://zerodha.com/varsity/chapter/volatility-calculation-historical/) - [Volatility Normal Distribution](https://zerodha.com/varsity/chapter/volatility-normal-distribution/) - [Volatility Applications](https://zerodha.com/varsity/chapter/volatility-applications/) - [Vega](https://zerodha.com/varsity/chapter/vega/) - [Greek Interactions](https://zerodha.com/varsity/chapter/greek-interactions/) - [Greek Calculator](https://zerodha.com/varsity/chapter/greek-calculator/) - [Re Introducing Call Put Options](https://zerodha.com/varsity/chapter/re-introducing-call-put-options/) - [Case Studies Wrapping it All Up](https://zerodha.com/varsity/chapter/case-studies-wrapping-it-all-up/) - [Quick Note on Physical Settlement 2](https://zerodha.com/varsity/chapter/quick-note-on-physical-settlement-2/) - [Options M2M and P&L](https://zerodha.com/varsity/chapter/options-m2m-and-pl/) ## Varsity Module 6: Option Strategies - [Module Overview](https://zerodha.com/varsity/module/option-strategies/) - [Orientation](https://zerodha.com/varsity/chapter/orientation/) - [Bull Call Spread](https://zerodha.com/varsity/chapter/bull-call-spread/) - [Bull Put Spread](https://zerodha.com/varsity/chapter/bull-put-spread/) - [Call Ratio Back Spread](https://zerodha.com/varsity/chapter/call-ratio-back-spread/) - [Bear Call Ladder](https://zerodha.com/varsity/chapter/bear-call-ladder/) - [Synthetic Long Arbitrage](https://zerodha.com/varsity/chapter/synthetic-long-arbitrage/) - [Bear Put Spread](https://zerodha.com/varsity/chapter/bear-put-spread/) - [Bear Call Spread](https://zerodha.com/varsity/chapter/bear-call-spread/) - [Put Ratio Back Spread](https://zerodha.com/varsity/chapter/put-ratio-back-spread/) - [The Long Straddle](https://zerodha.com/varsity/chapter/the-long-straddle/) - [The Short Straddle](https://zerodha.com/varsity/chapter/the-short-straddle/) - [The Long Short Strangle](https://zerodha.com/varsity/chapter/the-long-short-strangle/) - [Max Pain PCR Ratio](https://zerodha.com/varsity/chapter/max-pain-pcr-ratio/) - [Iron Condor](https://zerodha.com/varsity/chapter/iron-condor/) ## Varsity Module 7: Markets and Taxation - [Module Overview](https://zerodha.com/varsity/module/markets-and-taxation/) - [Introduction Setting the Context](https://zerodha.com/varsity/chapter/introduction-setting-the-context/) - [Basics](https://zerodha.com/varsity/chapter/basics/) - [Classifying Your Market Activity](https://zerodha.com/varsity/chapter/classifying-your-market-activity/) - [Taxation for Investors](https://zerodha.com/varsity/chapter/taxation-for-investors/) - [Taxation for Traders](https://zerodha.com/varsity/chapter/taxation-for-traders/) - [Turnover Balance Sheet and P&L](https://zerodha.com/varsity/chapter/turnover-balance-sheet-and-pl/) - [ITR Forms](https://zerodha.com/varsity/chapter/itr-forms/) - [Foreign Stocks and Taxation](https://zerodha.com/varsity/chapter/foreign-stocks-and-taxation/) ## Varsity Module 8: Commodities Currency Government Securities - [Module Overview](https://zerodha.com/varsity/module/commodities-currency-government-securities/) - [Currency Basics](https://zerodha.com/varsity/chapter/currency-basics/) - [Reference Rates Impact of Events](https://zerodha.com/varsity/chapter/reference-rates-impact-of-events/) - [Impact of Events Brexit Interest Rate Parity](https://zerodha.com/varsity/chapter/impact-of-events-brexit-interest-rate-parity/) - [The USD INR Pair](https://zerodha.com/varsity/chapter/the-usd-inr-pair/) - [The USD INR Pair Part 2](https://zerodha.com/varsity/chapter/the-usd-inr-pair-part-2/) - [EUR GBP and JPY](https://zerodha.com/varsity/chapter/eur-gbp-and-jpy/) - [Gold Part 1](https://zerodha.com/varsity/chapter/gold-part-1/) - [Gold Part 2](https://zerodha.com/varsity/chapter/gold-part-2/) - [Silver](https://zerodha.com/varsity/chapter/silver/) - [Crude Oil Part 1 Digging the Past](https://zerodha.com/varsity/chapter/crude-oil-part-1-digging-the-past/) - [Crude Oil Part 2 the Crude Oil Eco System](https://zerodha.com/varsity/chapter/crude-oil-part-2-the-crude-oil-eco-system/) - [Crude Oil Part 3 the Crude Oil Contract](https://zerodha.com/varsity/chapter/crude-oil-part-3-the-crude-oil-contract/) - [Copper Aluminium](https://zerodha.com/varsity/chapter/copper-aluminium/) - [Lead Nickel](https://zerodha.com/varsity/chapter/lead-nickel/) - [Cardamom Mentha Oil](https://zerodha.com/varsity/chapter/cardamom-mentha-oil/) - [Natural Gas](https://zerodha.com/varsity/chapter/natural-gas/) - [Commodity Options](https://zerodha.com/varsity/chapter/commodity-options/) - [Cross Currency Pairs](https://zerodha.com/varsity/chapter/cross-currency-pairs/) - [Government Securities](https://zerodha.com/varsity/chapter/government-securities/) - [Electricity Derivatives](https://zerodha.com/varsity/chapter/electricity-derivatives/) ## Varsity Module 9: Risk Management - [Module Overview](https://zerodha.com/varsity/module/risk-management/) - [Orientation Note](https://zerodha.com/varsity/chapter/orientation-note/) - [Risk Part 1](https://zerodha.com/varsity/chapter/risk-part-1/) - [Risk Part 2 Variance Covariance](https://zerodha.com/varsity/chapter/risk-part-2-variance-covariance/) - [Risk Part 3 Variance Covariance Matrix](https://zerodha.com/varsity/chapter/risk-part-3-_variance-covariance-matrix/) - [Risk Part 4 Correlation Matrix Portfolio Variance](https://zerodha.com/varsity/chapter/risk-part-4-correlation-matrix-portfolio-variance/) - [Equity Curve](https://zerodha.com/varsity/chapter/equity-curve/) - [Expected Returns](https://zerodha.com/varsity/chapter/expected-returns/) - [Port Opt](https://zerodha.com/varsity/chapter/port-opt/) - [Po2](https://zerodha.com/varsity/chapter/po2/) - [Var](https://zerodha.com/varsity/chapter/var/) - [Position Sizing](https://zerodha.com/varsity/chapter/position-sizing/) - [Position Sizing Active Traders Part 2](https://zerodha.com/varsity/chapter/position-sizing-active-traders-part-2/) - [Position Sizing Active Traders Part 3](https://zerodha.com/varsity/chapter/position-sizing-active-traders-part-3/) - [Kellys Criterion](https://zerodha.com/varsity/chapter/kellys-criterion/) - [Trading Biases](https://zerodha.com/varsity/chapter/trading-biases/) - [Tradingbiases Part 2](https://zerodha.com/varsity/chapter/tradingbiases-p2/) ## Varsity Module 10: Trading Systems - [Module Overview](https://zerodha.com/varsity/module/trading-systems/) - [What to Expect](https://zerodha.com/varsity/chapter/what-to-expect/) - [Pair Trading Basics](https://zerodha.com/varsity/chapter/pair-trading-basics/) - [Tracking Pairs](https://zerodha.com/varsity/chapter/tracking-pairs/) - [Pair Stats](https://zerodha.com/varsity/chapter/pair-stats/) - [Pre Trade Setup](https://zerodha.com/varsity/chapter/pre-trade-setup/) - [The Density Curve](https://zerodha.com/varsity/chapter/the-density-curve/) - [The Pair Trade](https://zerodha.com/varsity/chapter/the-pair-trade/) - [Straight Line Equation](https://zerodha.com/varsity/chapter/straight-line-equation/) - [Linear Regression](https://zerodha.com/varsity/chapter/linear-regression/) - [The Error Ratio](https://zerodha.com/varsity/chapter/the-error-ratio/) - [The ADF Test](https://zerodha.com/varsity/chapter/the-adf-test/) - [Trade Identification](https://zerodha.com/varsity/chapter/trade-identification/) - [Live Example](https://zerodha.com/varsity/chapter/live-example/) - [Live Example 2](https://zerodha.com/varsity/chapter/live-example-2/) - [Calendar Spreads](https://zerodha.com/varsity/chapter/calendar-spreads/) - [Momentum Portfolios](https://zerodha.com/varsity/chapter/momentum-portfolios/) ## Varsity Module 11: Personal Finance - [Module Overview](https://zerodha.com/varsity/module/personalfinance/) - [Background and Orientation](https://zerodha.com/varsity/chapter/background-and-orientation/) - [Personal Finance Math Part 1](https://zerodha.com/varsity/chapter/personal-finance-math-part-1/) - [Personal Finance Math Part 2](https://zerodha.com/varsity/chapter/personal-finance-math-part-2/) - [The Retirement Problem Part 1](https://zerodha.com/varsity/chapter/the-retirement-problem-part-1/) - [The Retirement Problem Part 2](https://zerodha.com/varsity/chapter/the-retirement-problem-part-2/) - [Introduction to Mutual Funds](https://zerodha.com/varsity/chapter/introduction-to-mutual-funds/) - [Concept of Fund NAV](https://zerodha.com/varsity/chapter/concept-of-fund-nav/) - [The Mutual Fund Fact Sheet](https://zerodha.com/varsity/chapter/the-mutual-fund-fact-sheet/) - [The Equity Scheme Part 1](https://zerodha.com/varsity/chapter/the-equity-scheme-part-1/) - [Equity Scheme Part 2](https://zerodha.com/varsity/chapter/equity-scheme-part-2/) - [The Debt Funds Part 1](https://zerodha.com/varsity/chapter/the-debt-funds-part-1/) - [The Debt Funds Part 2](https://zerodha.com/varsity/chapter/the-debt-funds-part-2/) - [The Debt Funds Part 3](https://zerodha.com/varsity/chapter/the-debt-funds-part-3/) - [The Debt Funds Part 4](https://zerodha.com/varsity/chapter/the-debt-funds-part-4/) - [Investing in Bonds](https://zerodha.com/varsity/chapter/investing-in-bonds/) - [Introduction to Index Funds](https://zerodha.com/varsity/chapter/introduction-to-index-funds/) - [Arbitrage Funds](https://zerodha.com/varsity/chapter/arbitrage-funds/) - [Measuring Mutual Fund Returns](https://zerodha.com/varsity/chapter/measuring-mutual-fund-returns/) - [Rolling Returns](https://zerodha.com/varsity/chapter/rolling-returns/) - [Mutual Fund Expense Ratio Direct and Regular Plans](https://zerodha.com/varsity/chapter/mutual-fund-expense-ratio-direct-and-regular-plans/) - [Mutual Benchmarking](https://zerodha.com/varsity/chapter/mutual-benchmarking/) - [Mutual Fund Risk Metrics](https://zerodha.com/varsity/chapter/mutual-fund-risk-metrics/) - [Sortino and the Capture Ratios](https://zerodha.com/varsity/chapter/sortino-and-the-capture-ratios/) - [How to Analyse an Equity Mutual Fund](https://zerodha.com/varsity/chapter/how-to-analyse-an-equity-mutual-fund/) - [How to Analyze a Debt Mutual Fund](https://zerodha.com/varsity/chapter/how-to-analyze-a-debt-mutual-fund/) - [The Mutual Fund Portfolio](https://zerodha.com/varsity/chapter/the-mutual-fund-portfolio/) - [Smart Beta Funds](https://zerodha.com/varsity/chapter/smart-beta-funds/) - [Asset Allocation an Introduction](https://zerodha.com/varsity/chapter/asset-allocation-an-introduction/) - [Exchange Traded Funds ETF](https://zerodha.com/varsity/chapter/exchange-traded-funds-etf/) - [Basics of Macro Economics](https://zerodha.com/varsity/chapter/basics-of-macro-economics/) - [Personal Finance Review Part 1](https://zerodha.com/varsity/chapter/personal-finance-review-part-1/) - [Personal Finance Review Part 2](https://zerodha.com/varsity/chapter/personal-finance-review-part-2/) ## Varsity Module 13: Financial Modelling - [Module Overview](https://zerodha.com/varsity/module/financial-modelling/) - [Introduction to Financial Modelling](https://zerodha.com/varsity/chapter/introduction-to-financial-modelling/) - [Excel Workbook Setup](https://zerodha.com/varsity/chapter/excel-workbook-setup/) - [Historical Data](https://zerodha.com/varsity/chapter/historical-data/) - [Assumptions Part 1](https://zerodha.com/varsity/chapter/assumptions-part-1/) - [Assumptions Part 2](https://zerodha.com/varsity/chapter/assumptions-part-2/) - [Revenue Model](https://zerodha.com/varsity/chapter/revenue-model/) - [Asset Schedule](https://zerodha.com/varsity/chapter/asset-schedule/) - [Asset Schedule Part 2](https://zerodha.com/varsity/chapter/asset-schedule-part-2/) - [Debt Schedule](https://zerodha.com/varsity/chapter/debt-schedule/) - [Reserves Schedule Part 1](https://zerodha.com/varsity/chapter/reserves-schedule-part-1/) - [Reserves Schedule Part 2](https://zerodha.com/varsity/chapter/reserves-schedule-part-2/) - [Projections](https://zerodha.com/varsity/chapter/projections/) - [Cash Flow Statement 2](https://zerodha.com/varsity/chapter/cash-flow-statement-2/) - [Valuation Part 1 Overview](https://zerodha.com/varsity/chapter/valuation-part-1-overview/) - [FCFF FCFE](https://zerodha.com/varsity/chapter/fcff-fcfe/) - [Valuation Part 3 Risk Premium Tax Shield](https://zerodha.com/varsity/chapter/valuation-part-3-risk-premium-tax-shield/) - [Weighted Average Cost of Capital and Terminal Growth](https://zerodha.com/varsity/chapter/weighted-average-cost-of-capital-and-terminal-growth/) - [Discounted Cash Flow Analysis DCF](https://zerodha.com/varsity/chapter/discounted-cash-flow-analysis-dcf/) ## Varsity Module 14: Insurance - [Module Overview](https://zerodha.com/varsity/module/insurance/) - [Introduction](https://zerodha.com/varsity/chapter/introduction/) - [Perverse Incentives](https://zerodha.com/varsity/chapter/perverse-incentives/) - [The Nudge](https://zerodha.com/varsity/chapter/the-nudge/) - [Skin in the Game](https://zerodha.com/varsity/chapter/skin-in-the-game/) - [Dunning Kruger Effect](https://zerodha.com/varsity/chapter/dunning-kruger-effect/) - [A Mighty Defence](https://zerodha.com/varsity/chapter/a-mighty-defence/) - [No Free Lunch](https://zerodha.com/varsity/chapter/no-free-lunch/) - [Gimmik or Not Part 1](https://zerodha.com/varsity/chapter/gimmik-or-not-part-1/) - [Gimmik or Not Part 2](https://zerodha.com/varsity/chapter/gimmik-or-not-part-2/) ## Varsity Module 15: Sector Analysis - [Module Overview](https://zerodha.com/varsity/module/sector-analysis/) - [Sector Analysis Overview](https://zerodha.com/varsity/chapter/sector-analysis-overview/) - [Cement](https://zerodha.com/varsity/chapter/cement/) - [Insurance Part 1](https://zerodha.com/varsity/chapter/insurance-part-1/) - [Understanding Insurance Sector Part 2](https://zerodha.com/varsity/chapter/understanding-insurance-sector-part-2/) - [Information Technology](https://zerodha.com/varsity/chapter/information-technology/) - [Automobiles Part 1](https://zerodha.com/varsity/chapter/automobiles-part-1/) - [Automobiles Part 2](https://zerodha.com/varsity/chapter/automobiles-part-2/) - [Banking Part 1](https://zerodha.com/varsity/chapter/banking-part-1/) - [Banking Part 2](https://zerodha.com/varsity/chapter/banking-part-2/) - [Steel Part 1](https://zerodha.com/varsity/chapter/steel-part-1/) - [Steel Part 2](https://zerodha.com/varsity/chapter/steel-part-2/) - [Hotels Part 1](https://zerodha.com/varsity/chapter/hotels-part-1/) - [Hotels Part 2](https://zerodha.com/varsity/chapter/hotels-part-2/) - [Retail Part 1](https://zerodha.com/varsity/chapter/retail-part-1/) - [Retail Part 2](https://zerodha.com/varsity/chapter/retail-part-2/) - [Real Estate Part 1](https://zerodha.com/varsity/chapter/real-estate-part-1/) - [Real Estate Part 2](https://zerodha.com/varsity/chapter/real-estate-part-2/) ## Varsity Module 16: Social Stock Exchanges (SSEs) - [Module Overview](https://zerodha.com/varsity/module/social-stock-exchanges-sses/) - [Social Stock Exchanges an Introduction](https://zerodha.com/varsity/chapter/social-stock-exchanges-an-introduction/) - [Who Can Raise Funds on SSE](https://zerodha.com/varsity/chapter/who-can-raise-funds-on-sse/) - [Modes of Raising Funds Part 1 ZCZP and Other Instruments](https://zerodha.com/varsity/chapter/modes-of-raising-funds-part-1-zczp-and-other-instruments/) - [Modes of Raising Funds Part 2](https://zerodha.com/varsity/chapter/modes-of-raising-funds-part-2/) ## Varsity Module 17: National Pension Scheme (NPS) - [Module Overview](https://zerodha.com/varsity/module/national-pension-scheme/) - [National Pension System NPS](https://zerodha.com/varsity/chapter/national-pension-system-nps/) - [NPS vs Other Retirement Plans](https://zerodha.com/varsity/chapter/nps-vs-other-retirement-plans/) - [Investment Options in NPS](https://zerodha.com/varsity/chapter/investment-options-in-nps/) - [Exit Withdrawals](https://zerodha.com/varsity/chapter/exit-withdrawals/) - [NPS Tier II Account](https://zerodha.com/varsity/chapter/nps-tier-ii-account/) - [NPS Tax Rules Benefits](https://zerodha.com/varsity/chapter/nps-tax-rules-benefits/) - [NPS Structure Fees How to Open an Account and Start a SIP](https://zerodha.com/varsity/chapter/nps-structure-fees-how-to-open-an-account-and-start-a-sip/) - [NPS Vatsalya](https://zerodha.com/varsity/chapter/nps-vatsalya/) - [Corporate NPS](https://zerodha.com/varsity/chapter/corporate-nps/)