Free and open stock market and financial education

Varsity is an extensive and in-depth collection of stock market and financial lessons created by Karthik Rangappa at Zerodha. It is openly accessible to everyone and is one of the largest financial education resources on the web.

Karthik Rangappa heads educational initiatives at Zerodha and has more than a decade of research experience in financial markets. He travels widely conducting educational programmes.


  • 1. Introduction to Stock Markets

    15 chapters
    Investing ensures financial security, and the Stock market plays a pivotal role in this domain, it is a place where people buy/sell shares of publicly listed companies. In this module, you will learn about the fundamentals of the stock market, how to get started, how it functions and the various intermediaries that appertain it.

    01:10:32 हिंदी

  • 2. Technical Analysis

    22 chapters
    Technical Analysis (TA) plays an important role in developing a point of view. Like every other research, TA also has its own attributes. In this module, we will discover all those complex attributes of TA, study various patterns, indicators and theories that will help you as a trader to find upright trading opportunities in the market.

    02:01:36 हिंदी

  • 3. Fundamental Analysis

    16 chapters
    Fundamental Analysis (FA) is a holistic approach to study a business. This module will help you understand Equity research, read financial statements, annual reports, calculation of Financial Ratio, Analysis and most importantly evaluate the intrinsic value of a stock to find long-term investing opportunities.

    01:05:34 हिंदी

  • 4. Futures Trading

    13 chapters
    Futures Trading involves trading in contracts in the derivatives markets. This module covers the various intricacies involved in undergoing a futures trade including margins, leverages, pricing, etc

    00:56:44 हिंदी

  • 5. Options Theory for Professional Trading

    25 chapters
    An option is a contract where the price of the options is based on an underlying. Options contracts grant the buyer the right to buy the underlying without a compulsory obligation.


  • 6. Option Strategies

    14 chapters
    The module covers various options strategies that can be built with a multi-dimensional approach based on Market trend involving Option Greeks, Risk-Return, etc.


  • 7. Markets and Taxation

    7 chapters
    As a trader in India, you should be informed of all the taxes that are levied on your investments and account. This module overlays the taxation countenance of Investing/Trading in the Markets. It also outlines the various essential topics like calculation of your turnover, how to prepare a balance sheet and the P&L statement, and further about how you can file your Income Tax Returns.

  • 8. Currency, Commodity, and Government Securities

    19 chapters
    This module covers the Currency,  MCX Commodity contract, and the Government Securities (GSec) traded in the Indian Markets.


  • 9. Risk Management & Trading Psychology

    16 chapters
    The module covers the risk management aspect along with the psychology required for being consistent and profitable while trading


  • 10. Trading Systems

    16 chapters
    Have you considered building your own Trading System? Well, then this module is for you. The major components of building a good trading system are input parameters and interpreting output alongside decision-making. In this module, we will learn about all the components and much more including the techniques and different types of Trading Systems.


  • 11. Personal Finance (Part 1)

    30 chapters
    Personal finance is an essential aspect of your financial life as it helps you achieve your short term and long term financial goals. This module encompasses the various aspects of personal finance such as retirement planning, Mutual funds, ETFs, Bonds, and goal-oriented investments.


  • 12. Innerworth — Mind over markets

    603 chapters
    A series of articles on the psychology of trading, that will guide you mend your thought and prepare you psychologically to become a novice trader.

  • 13. Integrated Financial Modelling

    11 chapters
    An integrated financial model of a company breaks down the financials of a company to give you granular insights. A financial model includes assets, reserves, debt schedules, and valuation models. Learn all that and more in this module.

Rupeetales book

Finance made easy for kids

A box set of 5 books introducing 5 financial concepts to children. Brought to you by Varsity @ Zerodha.

Where does money come from and where does it go? The innocent inquisitiveness of children is what makes them most endearing. Help your little ones understand the financial world through simple stories that make learning fun.

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Chapter updates

  • . Futures Trading (Video Series) on January 29, 2022

    Ch 9 – Overview of Contracts

    9.1 – Different Types of Contracts By now, you should have a working understanding of futures contracts and how to trade them. But so far, we’ve mainly discussed futures with equity future ..

  • . Futures Trading (Video Series) on

    Ch 8 – Shorting futures

    8.1 – Shorting in a nutshell Shorting is a tricky concept because we are not used to shorting in our day to day transactions. But, in this video, we have elaborated the idea sophistically. Let&# ..

  • . Futures Trading (Video Series) on

    Ch 7 – Open Interest

    7.1 – Open Interest and its calculation Open Interest (OI) is a number that tells you how many futures (or Options) contracts are currently outstanding (open) in the market. We will learn more i ..

  • . Futures Trading (Video Series) on

    Ch 6 – Settlement

    6.1 – How are positions settled? Until recent times, trading in equity futures and options was cash settled in India. This means that upon expiry of the contract, buyers or sellers had to settle ..

  • . Futures Trading (Video Series) on January 28, 2022

    Ch 5 – Futures trade

    5.1 – How to take a futures trade In the last chapter, we learned various concepts related to the futures market. Remember, the motivation for any trader entering into a futures agreement is to ..

Recent comments

  • 421 sahoo on Background

    thanks everyone for making this simple and easy to understand theory.. ...

    06 Feb 2022
  • Kya mis men buy karne ke alag & sale karne ke alag charges lagte hain ya dono ke ek baar hi lagte hain? ...

    05 Feb 2022
  • 914 Ranjeet Upadhyay on The Need to Invest

    "As of June 2014, the typical return from a fixed income instrument varies between 8% and 11%." This above line may be updated for keeping the document more relevant. ...

    05 Feb 2022
  • आज कल बैंक लोन देने के वक़्त कोलेटरल के रूप में प्रॉपर्टी के दस्तावेज माँगते हैं। अगर कोई प्राइव ...

    05 Feb 2022
  • European Options – If the option type is European then it means that the option buyer will have to mandatory wait till the expiry date to exercise his right. The settlement is based on the value of spot market on expiry day. For example if he has b ...

    05 Feb 2022

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