Zerodha Investors Made Rs. 50,000 Crore Profit In Four Years, Announces CEO Nithin Kamath | Companies News
Kamath posted, “Equity investors @zerodhaonline have realized a profit of Rs 50,000 crores over the last 4+ years and are sitting on unrealized profits of Rs 1,00,000 crores on an AUM of Rs 4,50,000 crores. By the way, most of the AUM was added in the last four years.” (Also Read: Aadhaar-Ration Card Linking Date Extended By 3 More Months; Check New Deadline)
Equity investors @zerodhaonline have realized a profit of Rs 50,000 crores over the last 4+ years and are sitting on unrealized profits of Rs 1,00,000 crores on an AUM of Rs 4,50,000 crores.
By the way, most of the AUM was added in the last four years. pic.twitter.com/4X981aY2jH
— Nithin Kamath (@Nithin0dha) June 11, 2024
Realised profits refer to the gains made by investors when they sell securities at prices higher than their purchase prices. Unrealised profits on the other hand represent the increase in value of securities that investors still hold and have not yet sold. (Also Read: Zomato Infuses Rs 300 Crore In Blinkit, Puts Rs 100 Cr In Entertainment Arm)
Kamath’s remarks came a day after the Association of Mutual Funds in India (AMFI) reported the highest monthly inflows ever recorded for equity mutual funds in May. This surge was largely driven by investments in new fund offers (NFOs) and thematic schemes. Kamath’s announcement underscore the significant progress made by retail investors who are increasingly turning to equity markets as a means of wealth creation.