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.