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.
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 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.
Thematic funds saw strong traction, attracting ₹19,213 crore.
NFO inflows surged to ₹10,140 crore, a significant increase from the previous month.
The HDFC Manufacturing NFO garnered attention, amassing nearly ₹9,500 crore.
The total net equity inflow for May reached ₹34,670.9 crore, marking a substantial increase from the preceding month.
Mid-cap funds observed a notable rise in inflows at ₹2,605.5 crore, while small-cap funds also experienced an uptick, reaching ₹2,724.67 crore.
Large-cap funds witnessed an inflow of ₹663 crore.
First Published: Jun 11, 2024 6:06 PM IST
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