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by ignoramous
2238 days ago
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Kailash Nadh, zerodha's co-founder, is an active investor as well through the rainmatter startup incubator [0]. There's been quite a boom in the fintech space in India for quite some time now, but zerodha is one of the first generation companies that survived through thick and thin. Indian fintech and edtech companies invite a tonne of interest from YC, in particular, and so, dare I say, the going has got a bit easier in the post-Jio, post-UPI world. That said, I don't get the attractiveness of active-passive stock brokering. Indexed funds (mutual funds) remain a better investment vehicle for the casual passive investor [1] (though some doubt that [2]), as this famous bet [3] and this famous pre-IPO advice to googlers remind us [4]. Don't have a horse in the race, but in India, apart from coin.zerodha; groww.in and smallcase.com are two of the many new-age mutual / indexed fund companies. [0] https://rainmatter.com/ [1] https://news.ycombinator.com/item?id=12768319 [2] https://news.ycombinator.com/item?id=20877700 [3] http://longbets.org/362/ [4] https://web.archive.org/web/20070417031443/http://www.sanfra... |
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Thought I'd point out that Zerodha Coin, Groww allow for investing in direct mutual funds. On the other hand smallcases are quasi-ETFs. Basically a smallcase is a basket of stocks tracking an idea, theme, strategy, model.