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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
After disrupting India’s stockbroking industry, Nithin Kamath wants to repeat the trick in mutual funds. In choosing to deal only in passive funds, he has yet again gone against the conventional playbook.
Zerodha’s newly created asset management arm, Zerodha Fund House, is set to launch its first mutual fund offering. A new fund offer of its debut scheme will hit the market in the next six to eight weeks, according to three executives aware of the matter, who requested anonymity.
Zerodha co-founder Nithin Kamath announced about two weeks ago that the asset management company—a joint venture between India’s largest stock broker and stock investment platform Smallcase—has got the market regulator’s nod for the official launch.
According to the three executives cited above, Zerodha Fund House’s strategy will have three key aspects.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
