Investors on Zerodha platform earn Rs. 50,000 crore profit over four years
Investors using the Zerodha platform have made an impressive profit of Rs. 50,000 crore in the last four years. Nithin Kamath, the co-founder and CEO of Zerodha, shared this news on the social media platform X (formerly known as Twitter).
Kamath also revealed that these investors have unrealized gains worth one lakh crore rupees, and the total Asset Under Management (AUM) on the platform is Rs. 4,50,000 crore. Realized gains are the profits investors earn by selling securities at a higher price than they bought them for.
Unrealized gains, on the other hand, are the potential profits investors could make if they sold their current holdings at the current market value.
In his announcement, Kamath emphasized the success of retail investors who are increasingly using the stock market to build wealth. “The strides made by retail investors in wealth creation through equity markets are significant,” he said.
This positive news follows Kamath’s earlier praise for the Securities and Exchange Board of India (SEBI). He commended SEBI for making the Indian markets more accessible and friendly for investors. In another post on X, Kamath mentioned that brokers might soon become mere order processors due to SEBI’s initiatives.
This achievement underscores the increasing confidence and involvement of retail investors in the Indian stock market, prompted by favourable regulatory adjustments and the platform’s user-friendly approach.