NSE published a circular on August 14 that says: With a view to safeguard the interest of investors, it is hereby clarified that any person referring a client to the Trading Member (broker) shall be appointed as an Authorised Person (AP) of the Trading Member after obtaining specific prior approval from the stock exchange for […]
138
When we as a fund look at climate tech investments, we’ve primarily invested in solutions around water, integrated farming, alternative green energy solutions like hydrogen and solar etc. For various reasons, we have broadly stayed away from the EV and ancillary space. When we met Naxatra Labs, and learned more about what they were building […]
One of our big concerns at Rainmatter is how we, as a species, have gone wrong with the simple essentials of life. Take water. Water is really cheap. And that’s a problem because we’re treating it that way. We casually misuse or overuse water, even though it’s steadily getting harder to find. For the last […]
Imagine this scenario: A joint demat account or a mutual fund account is created with someone else. But what happens if one of the joint account holders passes away? Who gets the share of the deceased account holder—the surviving joint holder or the legal heirs of the deceased? Well, SEBI (Securities and Exchange Board of […]
As the year winds down, I want to take a moment to reflect on everything we’ve achieved at Zerodha Fund House in 2024. It’s been a year of exciting milestones, bold steps, and laying the groundwork for what’s next. Why we started Having spent over 20 years in the industry, one thing that stood out […]
Five years ago, a horrendous virus called COVID-19 made an unwelcome entry into our lives. It eventually became a weak shadow of itself. We barely even think of it anymore. But in its short stint, it changed our world forever. If the virus had never come our way, the changes of these five years would […]
As Rainmatter approaches its 10th anniversary in 2025, we look back at a journey that evolved far beyond our imagination. Our Fintech origins In 2015, when we launched Zerodha Kite, we also built Kite Connect – a set of APIs that allowed users and startups to build platforms on top of our infrastructure. The idea […]
While many concerns have been raised about credit growth outpacing deposit growth and, hence, building risk in the banking system, the Indian banking system seems to be showing signs of strength. In September 2024, industry-level Gross Non-Performing Assets (GNPAs) hit a 12-year low of 2.6%. Last year, the system-level GNPA was 3.2%. If a borrower […]
Rivers drive civilisations. Rains feed the reservoirs and groundwater. Of course, there are many factors that affect rivers and rains, like climate, weather, forests, agriculture, urbanization, industrialization etc, which in turn affect how much water we have to live on. India is endowed with more than 400 rivers originating from four main watersheds – the […]
It’s the end of another year. And that means it’s time to look back on the year and reflect on the mistakes that I made, and saw others make. Why? I’m not sure. It’s the height of arrogance to think we learn from our mistakes. I don’t know about you, but I’m not one of […]
It’s the end of another year, and it’s a good time to look back on the year that was. Performance-wise, 2024 was a weird year. Whether you were bullish or bearish, the markets gave everyone something. When you look at the broad indices, it was a good year for the markets. Look underneath the indices, […]
Since joining Zerodha, a SEBI-regulated business, my calendar has been dominated by deadlines for upcoming regulations. We discuss these regulatory changes daily — analyzing their business impact, evaluating their effects on customers, and identifying the system and process updates needed for seamless business continuity. This year, we’ve begun a new tradition: compiling a comprehensive list […]
As we begin 2025, we wanted to take a moment to look back at what we have been up to in 2024.
The Indian Rupee is technically a free-floating currency. Practically, it is a managed free-floating currency. What does this mean? And why does it matter to you and me? As the exchange rate is inching closer to ₹86/USD, the INR is at its weakest. It is natural for the public to demand action from RBI, the […]
When it comes to health insurance plans, every policyholder has one essential requirement—transparency from the insurer. Everyone seeks a health insurance provider who will be upfront about a policy’s drawbacks, exclusions, and probable suitability. Let’s be honest about it, health insurance policy documents are a maze—a deadly combination of legalities, medical terminologies, and financial jargon. […]
We are happy to finally announce the launch of MTF (Margin Trading Facility) at Zerodha. This one has been a long time coming and is probably the most frequent feature request we’ve received over the years. We were caught up in two minds about whether to offer MTF or not. But eventually, given the pace […]
In one of the classes on financial reporting and analysis, my professor once asked us, “In a company’s annual report, what is the difference between an unqualified Opinion and a Qualified Opinion?” Our first reaction was that unqualified sounds like an unverified or unreliable opinion, and qualified sounds like a certified or verified opinion. Our […]
RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
So far in this series, we’ve only explored the long-only aspect of trend following. However, since we are using derivatives anyway, there is nothing stopping us from going short as well. But should you? The US-centric discussion around trend-following typically assumes that you go both long and short. The kicker for Indian domiciled traders is […]
Indian mutual fund industry has grown in terms of AUM to 65lk cr from 25lk cr in 2019. We have just over 5.5 crore unique mutual fund investors, which was 2 crore in 2019. If the investor base has to grow, along with educational efforts, we also need mutual fund distributors. But today, distributors need […]
While we celebrate Mahatma Gandhi this year, let’s see how his philosophy has inspired a venture that allows us to practice Gandhian philosophy in the modern world. Watch our episode on Akshayakalpa here. Food is one of the three basic human needs along with air and water. Less than a hundred years ago, we didn’t […]
Since last year, for every investment we have made, we put up a note explaining why we invested, and what the startup does. We have often added context to the investment we made since we feel it is important not only to be investors but also to understand the larger picture of what the startup […]
Our previous post on trend-following used cross-correlations to pick a diverse set of assets and then split the time series to arrive at asset-specific lookback periods to power a binary on/off signal. There are a few drawbacks to this approach: Indian rules and regulations allow a very narrow set of assets to be traded. Being […]
Ever wondered who’s behind the brands and products you use every day? We’ve made it super simple to find companies just by searching their brands or products names on Kite.
$18 billion gone in a week because RBI wanted to defend the rupee and keep inflation in check.
In all of our discussions about professional upskilling the one thing that stood out was the importance of peer support and a sense of community. These two simple things go a long way in ensuring a group of people help each other succeed professionally. But in India, the availability of relevant networking opportunities, access to […]
