nithin-kamath-81136242 LinkedIn Posts

Building reports like Tax P&L, holdings, turnover reports etc. have been one of the most complex projects at Zerodha. This involves calculations on

One common way investors get defrauded is by sharing their login details with others. Artificial losses can be created using illiquid options or

What Gen Z & even millennials don't think about enough is that the retirement age is dropping fast due to technological progress

Finally, in some good news for options writers, ICAI has clarified that when calculating turnover to determine tax audit, only the profit or

It took us ~30 mins to integrate commoditized ChatGPT, see tangible benefits, and realize that more than 20% of jobs could be automated.

Many people ask me if brokerage rates can go to zero like in the US, and why not flat monthly brokerage plans with

RBI's announcement of allowing single block and multiple debits on UPI can potentially have some interesting outcomes for the broking industry.
A few thoughts.

The sharp fall in the stock prices of high growth tech companies across the globe is getting crazy, feels like the dot-com boom.
India

When you're candid in interviews, you run the risk of being quoted out of context with misleading headlines. 😬 One such headline was

There was a time when if US markets caught a cold, we'd catch a fever. But since 2010, volatility wise, we've been much

A lot of messages asking me if one should exit FDs, Debt funds & buy the dip. This is what I am saying:

We celebrate valuations, but the more I speak to founders, the more I'm convinced high valuations are detrimental. Higher valuations are mostly a

There has been some noise about the hacking incidents at Zerodha. Here is some data:
Out of the ~65lk customers who traded with us

We just received the final approval for the Zerodha Fund House we are building in partnership with smallcase.

Our motivation to

We, Zerodha, just got to 1 crore customers.
Looking back, the biggest tipping point was AADHAR for online account opening. I can't thank

Most people don't spend time learning trading or forget what they've learnt when placing an order. The order placement step is also when

This is probably the first time our markets are less volatile than the US markets, something to be proud of. I think this

Allowing NRIs to open demat accounts online is the low-hanging fruit to attract money to India. The process today is physical and cumbersome.
With

Mobile push notifications are by far the best way to reach customers. But they can be annoying as hell for the customer, with

Every budget day for the last 15+ years, I've woken up hoping that STT is reduced. 😬 Zerodha customers alone pay ~₹2500 cores