Update 27 Feb 2024

Investing in government bonds is free starting March 1, 2024

To encourage greater participation in Government Bonds (G-Secs), Treasury Bills (T-Bills), Sovereign Green Bonds (SGrB), and State Development Loans (SDLs), we are waiving the 0.06% brokerage fee beginning March 1, 2024. To learn more about government bonds:

Introduction to Government Bonds.

Video on how to invest in Government Bonds on Kite.

Note: A minimum of 1 paise will be charged per contract note because, under taxation rules, a service cannot be provided for an absolute zero fee.

Update 15 Feb 2024

Beware of phishing websites

After the Chinese loan apps scam, the latest scam from actors in China and other Asian countries is phishing websites. Fraudsters are creating hundreds of websites and trading apps that look similar to the websites of Indian brokers.

Unwitting users who click on the app download links, etc., will be prompted to download the fake app. The goal is to get people to transfer money by taking advantage of their familiarity with these apps.

This is just another one of the hundreds of international scams that have exploded in the last few years. In this case, a few tips Nithin shared earlier to protect yourself from scams also apply. Read more.

Bonds 15 Feb 2024

Invest in Sovereign Gold Bonds

If you’re thinking of adding gold to your portfolio, the latest issue of Sovereign Gold Bonds (SGB) is now open for investment.

– Issue period: 12th to 16th February 2024
– Issue price: ₹6213 (after ₹50 discount)

You can invest in SGBs on Kite here.

To learn more about SGBs, check out this video.

Update 08 Feb 2024

Faster withdrawals at Zerodha

We’ve optimised our payout process to ensure our users receive their payouts quickly. Users who have submitted a withdrawal request, have sufficient funds, and have not traded or have any open positions on the payout processing day will have the funds transferred to their bank accounts on the same day.

We are also working to make withdrawals instant.

Update 07 Feb 2024

Why adding a nominee for your demat account is important

Between 50,000 and 80,000 crores of assets are unclaimed across demat accounts, mutual funds, insurance, etc. This is because most investors don’t add nominees to their investors. In fact, 72% of Individual investors don’t have a nominee for their demat accounts and mutual fund folios. Even if investors do add nominees, they don’t tell their nominees.

Life is unpredictable, and anything can happen. It’s not a pleasant thought, but making sure life is as comfortable as possible for your loved ones in your absence is a key part of life.

Adding nominations to all your investments, bank accounts, insurance policies, etc and informing your nominees makes life less complicated for them. Otherwise, they’ll have to undergo lengthy legal procedures, delays and additional costs.

At Zerodha, we have a single nomination for all your investments in stocks, mutual funds, bonds, etc. Adding nominees is also fully online and takes a few minutes. Here are the steps.

Bonds investing 06 Feb 2024

A look at current Treasury bills (T-bills) and Government bonds (G-Secs)

Here are the current yields on Treasury bills (T-bills) and Government bonds (G-Secs). The entire yield curve looks flat.

In other words, the difference between the yield on shorter-maturity bonds and longer-maturity bonds is negligible.

What does this mean? Broadly, you can assume two things:

– Since there’s no duration premium i.e., you are not getting a higher yield for investing in longer maturities, you can stick to shorter-duration bonds.
– If you expect interest rates to go down going forward, you can lock in the yields on the longer-duration bonds. If and when the interest rates fall, you stand to make capital gains.

In case you missed it, you can invest in Treasury bills (T-Bills), Government bonds (G-Secs) and State Development Loans (SDLs) on both Kite web and the app. Just click on “Bids” and then “Govt. securities.”

Check this post on TradingQnA for an explainer on bond basics.

Update 05 Feb 2024

1.5+ million contract notes sent in less than 25 minutes

After a recent backend revamp, we delivered 1.5+ million PDF e-mail contract notes in less than 25 minutes at the end of the trading day. We have been incrementally improving the performance of customer-facing features on Kite and Console as well, and we have more behind the scenes enhancements in the coming months. You can follow all the product updates here: https://zerodha.com/z-connect/updates

Update 01 Feb 2024

You can now track Gift Nifty on Kite

Gift Nifty (previously SGX Nifty) is a futures contract based on the Nifty 50 index that trades at the NSE International Exchange for 20 hours.

This contract is a popular way for traders to see the potential impact of overnight and early morning global events on Nifty.

Search “Gift Nifty” to add to the marketwatch.

You can also bookmark this page to track Gift Nifty.

Investing for kids 24 Jan 2024

Open a Zerodha account for your kids online

One of the best ways to teach your child about the basics of money is to get them involved early. This is because we learn some of our most important money lessons when we are young—lessons that stick with us for life. The one thing we also wanted to do was help parents save and invest in a simple and easy way for their kid’s future. We’re happy to announce that you can now open a Zerodha account for your kids online and invest in stocks, mutual funds, and bonds with your kids. Read more

Varsity 23 Jan 2024

Zerodha Varsity in 2023

2023 has been a phenomenal year for Varsity. We kickstarted many new initiatives with a long-term vision. We finally expanded the Varsity content team from 1 to 5 🙂. While Varsity always had content in the form of text, we are now complementing our text content with simple YouTube videos done in both Hindi and English. Read more

Markets 20 Jan 2024

A few things market lessons from 2023

2023 was an interesting year, to say the least. Given the new year, it’s a good time to reflect on the year that has passed. There’s always craziness in some corners of the markets. It’s a good idea to look back on some of the crazy things and learn a little. We learn so that we can ignore the lessons and make the same old mistakes in unique ways. Read more

Update 17 Jan 2024

Zerodha users now have unlimited access to Streak

We are happy to announce that Streak is now accessible to all Zerodha users. You can run scanners, place direct orders, backtest strategies, and virtually deploy strategies in live markets. We have a new simplified UI for both scanners and strategies and have rebuilt our core tech for a super fast experience. Read more

Product updates 01 Jan 2024

Product updates at Zerodha in 2023

2023 was a busy year for us at Zerodha, with the majority focus on backend and behind-the-scenes changes; be it technology, operations, compliance, or customer support. Our 13th year was dedicated to streamlining, overhauling and refactoring the behind-the-scenes systems, and R&D, paving the way for several new products and features we have in the pipeline. Read more

New feature 10 Nov 2023

How to gift stocks and the tax implications

If you are looking to gift something to your loved ones, we think stocks, ETFs, and bonds are the perfect gifts, and they are quite literally gifts that keep on giving. They are also a great way to introduce your loved ones to investing and capital markets and in turn, help in the financialization of our country. Read more

Update 24 Oct 2023

Introducing Zero1! by Zerodha

We are happy to announce the launch of Zero1! by Zerodha, a new YouTube channel that aims to have a fun take on finance lessons and education that we have always offered through our educational initiatives. We are building the channel in partnership with LearnApp, our collaborator of many years. LearnApp has extensive experience in creating high quality financial videos and courses, all the way from serious to fun. Read more.