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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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

  • 199 Karthik Rangappa on Rolling Returns

    Why dont you evaluate basis risk as well? Also, your numbers seems a bit off. Not sure that is the case really. ...

    11 May 2026
  • 1091 Karthik Rangappa on Max Pain & PCR Ratio

    Rahul, put this on Google sheets and as ask Gemini to do it for you :) ...

    11 May 2026
  • 199 Karthik Rangappa on Rolling Returns

    Ideally it should not. Stick to a trusted source, I think Primeinvestor is good :) ...

    11 May 2026
  • Also, If I compare 2 funds, Canara robecco large cap and Nippon large cap. Canara has an 5 year rolling return average of 15.87% while Nippon has 14.71%. But if we compare current 5 years CAGR, lately canara is not performing good. Nippon has 17.85% ...

    10 May 2026
  • 1091 Rahul Kulkarni on Max Pain & PCR Ratio

    Hi Karthik... Very nicely explained Man Pain Theory. While using the sample excel sheet provided by you contains only 17 strikes. Today I was trying with one underlying in option chain data, but the total strikes were 20. I found bit difficult ...

    10 May 2026

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