Zerodha traders saved Rs 25,620 cr brokerage: Nithin Kamath shows math

April 16, 2026

Zerodha traders saved Rs 25,620 crore in brokerage between 2016 and 2025 due to the firm’s zero-delivery brokerage model, founder Nithin Kamath said. He credited the bootstrapped structure for enabling a customer-first approach, avoiding aggressive monetisation, ads, and cross-selling while maintaining low-cost trading and high user trust.

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