Zerodha Fund House Revenue Rises 79% to ₹17 Cr in FY26, Losses Narrow
Zerodha Fund House reported a 78.7% increase in operating revenue to ₹16.8 crore for the fiscal year 2025-26. The company also managed to reduce its losses during the same period.
Zerodha Asset Management Private Limited, the entity operating as Zerodha Fund House, saw its operating revenue surge by 78.7% to ₹16.8 crore in the fiscal year 2025-26. This marks a significant increase from the ₹9.4 crore reported in the previous fiscal year.
Concurrently, the company successfully narrowed its losses by 37.8%, reporting a loss of ₹5.1 crore for the fiscal year under review, down from ₹8.2 crore in FY25. Including other income of ₹0.37 crore, the total income reached ₹17.1 crore.
Established as a joint venture between Zerodha and investment technology firm CASE Platforms, Zerodha Fund House received final approval from SEBI to operate as an asset management company (AMC) in July 2023. It specializes in managing passive mutual fund products such as index funds and exchange-traded funds (ETFs), launching nine such schemes in FY26.
The assets under management (QAAUM) experienced substantial growth, reaching ₹14,448 crore by March 2026. This represents a nearly 196% increase from ₹4,887 crore at the end of March 2025. ETFs formed the largest component, contributing ₹12,107.6 crore to the total QAAUM.