The equity boom in Indian markets has drawn lakhs of new investors into the investing arena, particularly in the post-pandemic era. This surge is evident in the substantial profits realized by equity investors, who have gained Rs 50,000 crore over the last four years and are currently holding unrealized profits of Rs 1 lakh crore on an AUM of Rs 4.5 lakh crore, according to Nithin Kamath of Zerodha.
“Equity investors have realized a profit of Rs 50,000 crore over the last 4+ years and are sitting on unrealized profits of Rs 1,00,000 crore on an AUM of Rs 4,50,000 crore,” Kamath stated in a tweet, echoing his earlier remarks.
Kamath also acknowledged the market expansion post-Covid, reflected in Zerodha’s growing assets under management. Indian markets are trading near all-time highs following the Modi-led NDA’s third consecutive electoral victory. Although the results fell short of some expectations, equities have found stability in the prospects of a steady government and policy continuity.
Zerodha now boasts over 1.3 crore clients, contributing to over 15% of all retail order volumes in India daily. In April, Zerodha recorded a 1.5% month-on-month increase in its client base, reaching 7.4 million users. However, its market share experienced a slight decline, dropping by 20 basis points to 17.7%.