Latest Nithin Kamath Shareholdings and Portfolio in 2026
Nithin Kamath, co-founder and CEO of Zerodha, is a self-made Indian billionaire with an estimated net worth of around ₹25,000 cr in 2025. He changed India’s broking landscape and also built investments across fintech, healthtech, edtech, climate tech, and aerospace. This article explores who Nithin Kamath is, his top stock picks, his stock diversification strategies, and key insights from his portfolio.
Nithin Kamath Stock Picks in the Investment Portfolio
| Stock Name | Holding Type | Details |
|---|---|---|
| Ather Energy Ltd | Public Equity Holding | Shares held via Kamath Associates |
| Nazara Technologies Ltd | Public Equity Holding | Shares held via Kamath Associates |
| InCred Holdings Ltd | Pre-IPO Strategic Investment | ₹250 cr minority stake pre-IPO |
Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Who is Nithin Kamath?
Nithin Kamath co-founded Zerodha and serves as its CEO. He launched India’s largest retail brokerage platform in 2010 along with his brother, Nikhil Kamath. Nithin began his career as a stock trader and used his market experience to build Zerodha. The company changed the traditional broking industry with a low-cost, tech-driven model. Under his leadership, Zerodha has grown to serve millions of clients and has become a benchmark for fintech innovation in India.
About the Top Nithin Kamath Stock Picks
- Ather Energy Ltd: Ather Energy is an Indian electric vehicle manufacturer specialising in the design and production of intelligent, connected electric scooters. Known for models such as the Ather 450X, the company is driving EV adoption in India through cutting-edge technology, robust charging infrastructure, and sustainability-focused innovation.
- Nazara Technologies Ltd: Nazara Technologies is a diversified gaming and sports media company. It operates across various segments, including mobile gaming, e-sports, interactive learning, and gamified early learning. With a growing global presence, it caters to India’s booming gaming ecosystem and targets rapid digital entertainment adoption across markets.
- InCred Holdings Ltd: InCred Holdings is a financial services group offering lending, asset management, and wealth solutions. It focuses on democratising access to credit through technology-driven platforms.
Sector-Wise Investments in the Nithin Kamath Portfolio
- Electric Mobility: Ather Energy represents Nithin Kamath’s exposure to the electric mobility space. The company operates in electric two-wheelers and EV-related technology, linking this part of the portfolio to clean mobility and energy transition themes.
- Technology & Digital Entertainment: Nazara Technologies adds exposure to the technology segment through gaming, digital media, and interactive entertainment businesses. This reflects interest in digital-first consumer platforms and content-led technology businesses.
- Financial Services: InCred Holdings represents the financial services segment. The company operates in lending and related financial businesses, providing the portfolio with exposure to credit- and fintech-linked activity.
Nithin Kamath’s Net Worth Trend
Nithin Kamath’s net worth rose sharply between 2023 and 2024, then declined in 2025, and recovered in 2026. The rise in 2024 points to strong growth in portfolio or business valuation. The decline in 2025 reflects a period of moderation. In 2026, his net worth rose again, indicating a recovery. Overall, this trend shows how net worth can change with business valuation, market conditions, and investment performance.
Nithin Kamath Investment Strategy
Here are a few key portfolio strategies reflected in Nikhil Kamath’s investments, including his approach to Nithin Kamath’s risk management tip, which focuses on capital preservation and disciplined allocation.
- Backing Innovation Early: Through Rainmatter, Kamath invests in early-stage startups that solve structural problems across sectors such as fintech, healthtech, climate tech, and aerospace.
- Focus on Sustainability: A significant part of his portfolio targets climate-conscious ventures. This shows his focus on businesses that align with environmental and social impact.
- Diversification across Sectors: Fintech remains his largest exposure, but his portfolio also includes meaningful allocations to healthcare, consumer goods, education, and new-age technologies such as satellite analytics and space tech.
- Long-Term Commitment: Kamath does not trade frequently in public markets. His preference for preferential allotments and continued startup funding reflects his long-term investment philosophy.
- Support for Founders, not just Businesses: Kamath has repeatedly said that he backs vision-driven founders rather than focusing only on valuations. He aims to support innovation and long-term scalability.
Learnings from the Nithin Kamath Portfolio
Here are a few learnings and Nithin Kamath’s investment principles you may take back from the Nithin Kamath portfolio management strategies:
- Sectoral Shifts Matter: His allocations highlight high-growth sectors like fintech, healthtech, climate solutions, and space technology, showing where innovation is driving long-term value.
- Sustainability Is Strategic: Kamath’s consistent backing of climate-conscious ventures underscores the rising importance of environmentally aligned business models.
- Early-Stage Investing Pays Off: His stakes in startups such as CRED, Ultrahuman, and AgniKul demonstrate how identifying scalable ideas early can deliver significant upside.
- Private Markets Are Crucial: A large share of his wealth is tied to startup investments rather than public equities, showing how private markets are becoming central to wealth creation.
- Founder-First Approach: Kamath places more weight on visionary founders than valuations, betting on execution capability and long-term scalability.
- Partial Transparency: Because many of his holdings are in private companies, it isn’t possible to replicate his portfolio based on public data alone.
To Wrap It Up…
Zerodha founder Nithin Kamath invests with a focus on innovation, sustainability, and founder-led ideas. His portfolio spans different sectors and growth stories. It offers useful insight into emerging opportunities, but it does not serve as a blueprint for replication, and his investment tips may not always work for retail investors. Careful due diligence remains important for informed investment decisions.
Frequently Asked Questions About the Nithin Kamath Stock Portfolio
Not much. He holds shares in Nazara Technologies and Ather Energy through Kamath Associates, but has allocated most of his capital to early-stage startups rather than large listed companies.
Nithin Kamath, the co-founder of Zerodha, has an estimated net worth of around $4.8 bn or ₹40,000+ cr as of 2026. His stake in Zerodha and related ventures drives most of this wealth.
In March 2024, the Kamath entities acquired 1.15 mn shares of Nazara Technologies through a preferential allotment worth around ₹100 cr. So far, there are no verified reports of major sales in 2025.
No. He holds a large part of his stock portfolio for wealth creation in private companies and startups, which makes it difficult to track all holdings or exact valuations. Only a few investments, such as Nazara Technologies, are publicly disclosed.
Yes. Through Rainmatter Climate, he has invested in companies such as Climes, SolarSquare, and Akshayakalpa. These investments show his interest in environmentally conscious ventures alongside financial returns.
Not directly. Many of his investments are in private startups, so retail investors cannot access them. His portfolio works better as a source of insight into the sectors he believes in than as a model to copy blindly.
