HomePersonal Finance NewsZerodha investors bag ₹50,000-crore profits over 4 years, unrealised gains at ₹1 lakh crore: Nithin Kamath
Zerodha investors bag ₹50,000-crore profits over 4 years, unrealised gains at ₹1 lakh crore: Nithin Kamath
Zerodha's Co-Founder Nithin Kamath revealed that investors on their platform have reaped a ₹50,000 crore profit over the last 4+ years, with unrealised profits of ₹1 lakh crore. This at a time when AMFI data showed the highest recorded monthly inflows for equity mutual funds in May, largely due to funds flowing into new fund offers (NFOs) and thematic schemes.
Brokerage firm Zerodha's Co-Founder Nithin Kamath on Tuesday (June 11) said investors using their platform have realised a profit of ₹50,000 crore over the last 4+ years.
"They are sitting on unrealised profits of ₹1 lakh crore against an asset under management (AUM) of ₹4,50,000 crore" he said on platform x.
Realised profits refer to gains made by investors through the sale of securities at prices higher than their purchase prices.
On the other hand, unrealised profits represent the increase in the value of securities that investors hold but have not yet sold.
Kamath's remarks came a day after the Association of Mutual Funds in India (AMFI) data indicated the highest recorded monthly inflows for equity mutual funds in May, largely due to funds flowing into new fund offers (NFOs) and thematic schemes.