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Zerodha Fund House FY26: Revenue Up 79% YoY To ₹17 Cr, Loss Narrows

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Zerodha Fund House FY26: Revenue Up 79% YoY To ₹17 Cr, Loss Narrows

Zerodha Asset Management Pvt Ltd, the entity behind Zerodha Fund House, saw its operating revenue zoom 78.7% to ₹16.8 Cr in the fiscal year 2025-26 (FY26) as against ₹9.4 Cr in the year ago period. 

Meanwhile, the company managed to narrow its losses by 37.8% to ₹5.1 Cr in the fiscal under review compared to ₹8.2 Cr in FY25. 

Including other income of ₹36.6 Lakhs, the company’s total income stood at ₹17.1 Cr during the fiscal under review. 

Nevertheless, total expenses continued to bite and continued to grow in FY26. Zerodha Fund House also incurred an additional tax expenditure of ₹1 Cr during the period under review.

As per its regulatory filings with the ministry of corporate affairs (MCA), the asset management company (AMC) said that it 

Built as a partnership between Zerodha and investment tech startup CASE Platforms (erstwhile smallcase), Zerodha Fund House was first incorporated in 2021. It received the final approval from the SEBI to operate as an asset management company (AMC) in July 2023 and thereafter commenced operations.

Zerodha Fund House creates and manages passive mutual fund products such as index funds and exchange-traded funds (ETFs). It claims to have launched nine such schemes in FY26.

In line with SEBI’s mandate for regulating mutual funds through a distinct three-tier structure, Zerodha Fund House operates under the aegis of three entities. 

While Zerodha Broking is the sponsor and CASE Platforms is the co-sponsor, Zerodha Trustee Pvt Ltd acts as the trustee to oversee compliance. The third entity is Zerodha Asset Management Pvt Ltd, which is the operational AMC that holds the pooled money of investors.


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