Zerodha's MTF Share

General
1

We were probably the last broker to launch MTF, very late compared to other big brokers, and the growth in our MTF book since then has been a surprise.

@nithin shared this on X a while ago:

We launched MTF in December 2024, and we’ve quickly gone from 0 to 5% of the MTF market. I’m not sure whether to be happy or worried. :grimacing:

As of now, the net P&L of all positions taken by traders who have used MTF is positive.

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Leverage is like a weapon of mass destruction, and MTF is a leveraged product, so trade with caution. You can read about the risks of MTF here.

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2

Can you tell us median (if not distribution) P&L of traders instead of net across all traders? It might give an idea of distribution of P&L among traders.

As very few highly profitable traders combined with large number small traders using MTF can still push the net P&L number above Zero.

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3

Few questions here.

  1. 5% of what? Zerodhas users total equity holding?
  2. How zerodha is funding at this large?
4

5% of total MTF book, which is around 90k cr.

Our funds.

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