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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.

With competition in the segment intensifying, the chief business development officer of India’s largest exchange unpacks the bourse’s strategy going forward.
While rivals lost users, India’s largest broker leaned on lending and derivatives to deliver strong growth.
The market regulator is once again considering allowing colocation in the segment to pave the way for a smooth trading experience as commodity derivatives are drawing investors in hordes.