Free and open stock market and financial education

Varsity is an extensive and in-depth collection of stock market and financial lessons created by Karthik Rangappa at Zerodha. It is free and openly accessible to everyone and is one of the largest financial education resources on the web. No signup, no pay-wall, no ads.

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Varsity on mobile

Explore stock market lessons in bite size modules, quizzes, and tests.
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Videos

Impact cost and how it can ruin a trade Play
5 types of share capital Play
How OFS allotment is done Play
Building a mutual fund portfolio Play


Varsity Certified

An online certification program designed to test your market knowledge and give you the confidence to start your career in capital markets.


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Modules

Explore all the open-access Varsity modules that cover the entire spectrum of financial literacy and capital markets; everything from savings and taxation to option strategies and technical analysis.


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Recent comments

  • 123 Dev on Arbitrage Funds

    Also, it is crucial to confirm that the arbitrage fund is not holding any unhedged equity position because this defeats the purpose of an arbitrage fund. Hey Karthik, can you please elaborate on this? How can we confirm whether the fund is not hol ...

    19 Jun 2026
  • 285 Chandan Kumar on How to analyse an Equity Mutual fund?

    Thanks a lot sir for such insightful knowledge. While analysing a fund I was facing an issue of data discrepancy. Data for sortino, capture ratio and rolling return vary over different sites. Same is the case with AI, different AI models show differe ...

    19 Jun 2026
  • 235 Divya on Background - Forwards Market

    Hi Karthik, What do you mean by "You will trade futures for leverage"? Could you simplify please? I have the same question - why would anyone enter into a futures contract if they can simply buy that stock and make that profit in the cash m ...

    19 Jun 2026
  • 235 Divya on Background - Forwards Market

    Hi Karthik, What do you mean by "You will trade futures for leverage"? Could you please simplify please? I had the same question - why would anyone enter into a futures contract? ...

    19 Jun 2026
  • 213 asda on Ideas by the lake

    aaaaa ...

    19 Jun 2026

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