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The Latest Breaking News from Nithin Kamath

Zerodha's Nithin Kamath warns equity deliveries will no longer stay free due to MDR on UPI, says brokers cannot absorb the additional cost forever

Zerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions could end free equity delivery trades, warning that brokers cannot keep absorbing a charge that applies to every transfer regardless of whether a trade happens.

The Economic Times

Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'

Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without trading. He said brokers may struggle to absorb the costs indefinitely, particularly under quarterly settlement rules, and suggested a lower MDR with a transaction-level cap.

The Economic Times

UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and mandates will be treated separately, while mutual funds and capital-market payments will attract a lower MDR. Importantly, the charge will be borne by merchants, not customers, raising…

The Economic Times

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Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin Kamath

The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not execute trades, Zerodha co-founder Nithin Kamath said, calling for a lower transaction charge with a smaller cap for the broking industry.

The Economic Times

How NSE helped Zerodha start when it had little money: Nithin Kamath recalls ahead of IPO

Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start in 2010 when it lacked funds to build its own platform. He also said NSE waived Zerodha’s membership fee and was welcoming during its early days, expressing confidence that NSE’s much-awaited IPO will succeed.

The Economic Times

We are accelerating idiocracy: Zerodha’s Nithin Kamath admits even his writing is getting worse without AI as kids struggle to learn maths and science in the age of smart intelligence

Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may reduce children's foundational skill development. He notes his own writing has worsened due to AI reliance. This trend mirrors a broader decline in essential academic abilities. The situation raises questions about balancing AI use with…

The Economic Times

When Nithin Kamath met Karthik Rangappa: The journey from international investor account sales pitch to heading Varsity

Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the brokerage’s free financial education platform. Kamath highlighted Rangappa’s long association, continued contribution and role in expanding Varsity, stressing education rather than customer acquisition as its core purpose.

The Economic Times

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First they called him Nithin, then WTF flipped the script: Nithin Kamath’s birthday wish as Nikhil turns 40

Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity.

The Economic Times

When Nithin faked being Sachin: Kamath looks back on using a pseudonym in early years of Zerodha

Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s account openings in its early days. He also revealed that he used the pseudonym “Sachin” and even faked an accent while speaking to a journalist. Kamath later turned to social media as traditional media’s influence waned.

The Economic Times

Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: Report

Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs.

The Economic Times

Zerodha's Nithin Kamath just revealed what's scaring him lately

Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downturns. This practice, which has become a lucrative revenue stream for the brokerage, has pushed its margin trading book to nearly Rs 9,000 cr. With more investors leaning on leverage, concerns are mounting about potential…

The Economic Times

Zerodha turns 16: Nithin Kamath says user additions slowing, MF business 'slipped up a little'

Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage growth, while warning that rising margin trading funding poses risks. Despite weaker trading activity, Zerodha’s customer assets continue growing, supported by trust, technology and financial content.

The Economic Times

Why Zerodha’s Nithin Kamath wants fintech founders to rethink trading in the age of AI

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a “pipe” between customers and exchanges, while Rainmatter is again doubling down on…

The Economic Times

SEBI's digital KYC proposal for NRIs could ease money flow into India, says Nithin Kamath

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify account opening for Non-Resident Indians and foreign nationals. Eligible investors can complete KYC from their country of residence, removing physical presence needs. This change is expected to boost NRI capital inflows into Indian financial markets.…

The Economic Times

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The Economic Times

Why Zerodha's Nithin Kamath is asking founders to stop leading with AI

Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch decks is no longer a differentiator. He said AI has become “table stakes” and opening a pitch with it could make investors lose interest.

The Economic Times

Distortions are inevitable: Nithin Kamath explains why new closing auction is causing wild moves in Indian stocks

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflect structural weaknesses in Indian markets rather than flaws in the mechanism itself. The new 20-minute auction, replacing the earlier VWAP-based close, has caused unpredictable late-day moves and losses for options traders and algo desks,…

The Economic Times

Nifty's value doesn't change suddenly at 3:30 pm, NSE clarifies amid CAS confusion

Nifty’s last-minute 200-point surge after the launch of the Closing Auction Session (CAS) sparked confusion among traders, prompting NSE to clarify the index calculation process. Introduced on August 3, CAS alters the method for determining closing prices for F&O stocks through an auction mechanism. The new system aims to improve…

The Economic Times

'Biggest nightmare': Nithin Kamath warns MTF boom could worsen selloff in small and midcap stocks

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market downturns, especially in small- and mid-cap stocks. He cautioned that forced selling, liquidity constraints and rising leverage may intensify losses despite SEBI’s safeguards.

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The Economic Times

Nithin Kamath warns closing auction session may hit Zerodha’s revenue from August 3

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage revenue by 1–5% while making market timings more complex. The auction aims to improve price discovery, reduce index distortions and lower passive fund tracking errors.

The Economic Times

Nithin Kamath's remarks spark public spat between Zerodha and Groww over direct mutual funds

Zerodha's Nithin Kamath and Groww are debating direct mutual fund offerings publicly. Kamath reiterated Zerodha's commitment to free direct mutual fund plans. Groww clarified that its optional subscription service does not replace direct mutual funds. Direct mutual funds remain free for do-it-yourself investors on Groww. This debate highlights shifts in…

The Economic Times

Groww responds to Nithin Kamath tweet: Direct mutual funds remain free for DIY investors

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission offerings for these investors. This clarification follows recent discussions regarding mutual fund offerings in the market.

The Economic Times

Zerodha will keep direct mutual fund plans for free, says Nithin Kamath

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped investors save commissions, while many rival platforms have exited or reconsidered the low-cost direct mutual fund business model.

The Economic Times

Can Zerodha's 'nice place to work' culture become its real moat? Here's what Nithin Kamath says

Nithin Kamath said Zerodha’s culture stems from deliberate choices, including staying small, avoiding revenue targets and prioritising employee well-being over growth. He stressed patient hiring, learning from mistakes and resisting incentives that encourage excessive customer trading or employee burnout.

The Economic Times

Nithin Kamath reveals Zerodha's playbook: No ads, no sales targets, customer-first approach

Zerodha CEO Nithin Kamath said the brokerage's growth stems from prioritising customer interests over aggressive expansion. He highlighted transparency, word-of-mouth marketing, a bootstrapped model and product-focused innovation as the key drivers behind the company's long-term success.

The Economic Times

Good investing outcomes come from doing few boring things well: Nithin Kamath

Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or timing the market. He stressed that investors often overcomplicate investing by trying to predict markets or pick from thousands of options. In a post on X, he said good outcomes come from doing “a few…

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