Zerodha Saves Clients ₹20,000 Crore in Brokerage Fees
Zerodha's CEO Nithin Kamath recently shared how the company has saved clients between ₹2,000 and ₹20,000 crore in brokerage fees over the past decade by eliminating charges for equity delivery. This decision, made almost 10 years ago, aligns with Zerodha's mission to lower barriers for investors in the stock market. Kamath emphasized that while a small brokerage fee of 0.5% might seem insignificant, it can quickly add up for frequent traders. He also pointed out the importance of low-cost investment options like ETFs and index funds, urging investors to be mindful of their trading costs.