Zerodha Fund House hits Rs 8,000 crore AUM: Nithin Kamath

Zerodha Fund House, an asset management company (AMC) backed by stockbroker Zerodha and Smallcase, has reached assets under management (AUM) of Rs 8,000 crore, cofounder Nithin Kamath said in a post on X (formerly Twitter).

The fund house serves over seven lakh investors across more than 16,000 pincodes, according to its website. Earlier this January, it had reported an AUM of Rs 4,287 crore, with over four lakh unique investors.

Led by chief executive Vishal Jain, Zerodha Fund House operates on a direct-to-consumer model, offering mutual funds and exchange traded funds (ETFs) without intermediaries or commission-based distribution.



Kamath said its products are designed to be simple and transparent, with a focus on index funds, ETFs, and recently launched multi-asset funds. “Practically all of this AUM comes from individual investors’’, added Kamath.

The company’s offerings include the Zerodha Nifty LargeMidcap 250 Index Fund, Zerodha Nifty 1D Rate Liquid ETF, and Zerodha Gold ETF.

This comes at a time when the mutual fund industry is witnessing heightened competition, with both traditional players such as SBI Mutual Fund and Nippon India Mutual Fund, and new-age entrants like Groww AMC, increasingly pushing passive investment products.

“The AMC has grown steadily even as competition has intensified, with newer AMCs entering the market and existing AMCs launching more passive funds’’, Kamath posted.