Participation of retail investors in equity markets has been on the rise over the past few months. NITHIN KAMATH, founder & chief executive officer at Zerodha, tells Puneet Wadhwa in an interview that a lot of first-time users, who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds (ETFs), and stocks for their long-term goals. Edited excerpts:
Zerodha was one of the early starters of the discount broking cult in India. Do you think this space is becoming overcrowded now?