Which brokers does Zfolio support?

Zerodha, Groww and Paytm Money are the supported brokers today, connected in read-only mode. For now Zfolio supports one connected broker at a time — you can switch which one is connected whenever you like. Holdings from anywhere else can be added by uploading a holdings file or entering them by hand.

Can I connect more than one broker at the same time?

Not yet. One broker is connected at a time for now, and support for multiple simultaneous broker connections is being worked on. In the meantime, holdings from a second broker can be brought in through a holdings file upload or manual entry so they still count towards your allocation and totals.

What does Zfolio cost?

Portfolio tracking, allocation views and performance against the Nifty 50 are free, with no card required. Rebalancing — revised weights, the efficient frontier and the exact trades — is a flat ₹199 a month regardless of portfolio size — no percentage of assets, no profit sharing and no performance fee — and the first month is free.

Yes. Zfolio's rebalancing engine blends Modern Portfolio Theory with a walk-forward-validated machine learning signal, applied to your actual holdings across the Nifty 500 to suggest an AI-based allocation and the exact trades to get there — backtested against the plain (non-AI) version and only shipped after beating it on risk-adjusted terms. Learn more in the free Varsity by Zfolio course's module on AI in portfolio management, covering machine learning, LLMs and the current research honestly — including where the evidence still falls short.

Is Zfolio a SEBI-registered investment adviser?

No. Zfolio is a portfolio-analysis tool, not a SEBI-registered investment adviser. Nothing in the app or on this site is a recommendation to buy or sell a security.

Zfolio: Your Own AI-Assisted Portfolio Tracker

Q: Can Zfolio place trades in my broker account?

No. Broker access is read-only. Zfolio reads holdings to analyse them and cannot place an order, move funds, or change anything in your broker account. You place any trades yourself.

How it works

Four steps, start to finish

No paperwork, no funds transfer, no onboarding call.

1
Add your holdings

Connect a broker read-only, upload a holdings file, or type them in manually.
2
See one portfolio

Everything you own in a single allocation view, biggest positions first.
3
Compare with the market

Your growth and drawdown against the Nifty 50, over the period you actually held.
4
Get AI-based weights

AI-suggested weights across the Nifty 500, with the exact trades to get there. See the strategy comparison

Optimization is limited to the Nifty 500. Read the FAQ

Scope

Clear about what this is

A portfolio-analysis tool, priced like software. Not an adviser, not a broker, not a tips service.

What Zfolio does

Reads your holdings from your broker, read-only, and keeps them in one allocation view alongside gold, bonds and deposits.
Benchmarks your actual returns against the Nifty 50 over the period you really held, drawdowns included.
Suggests rebalancing weights from Modern Portfolio Theory across the Nifty 500, and shows the efficient frontier behind them.
Charges a small flat fee for the rebalancing part — not a percentage of what you hold.

What it doesn't do

Place trades, move funds, or change anything in your broker account. It never asks for your broker password.
Give stock tips, price targets or buy/sell recommendations. Zfolio is not a SEBI-registered investment adviser.
Sell your data, run paid promotions, or take brokerage referrals.
Promise returns. Backtested and simulated performance does not guarantee what happens next.

FAQ

Frequently asked questions

Can Zfolio place trades in my broker account?

No. Access is read-only — Zfolio reads holdings to analyse them and cannot place an order, move funds, or change anything in your account. It never asks for a password, only the broker's own official login. You place any trades yourself.

Can I connect more than one broker?

Not yet. Zerodha, Groww and Paytm Money are supported, but only one can be connected at a time for now. You can switch which one whenever you like; support for several at once is being worked on.

What about holdings outside the connected broker?

They still count. A Kite or Groww holdings file can be uploaded, and stocks, gold, bonds and fixed deposits can be entered by hand — all of it feeds the same allocation and totals.

How are the rebalancing suggestions produced?

An AI-powered Modern Portfolio Theory engine applied across the Nifty 500 to the names you already hold, returning revised weights, the efficient frontier, and the trades between your current and suggested allocation.

Does Zfolio use AI?

Yes — the rebalancing engine blends a hand-built market signal with a machine-learned one, backtested against the plain Modern Portfolio Theory version and only shipped once it won on risk-adjusted terms. Learn more in the free Varsity by Zfolio course's module on AI in portfolio management, which covers the research honestly, hype included.

Is any of this investment advice?

No. Zfolio is a portfolio-analysis tool, not a SEBI-registered investment adviser. Nothing here recommends buying or selling a security, and backtested performance does not guarantee future returns.

What happens to my data?

The retirement planner runs on your device. Nothing is sold to third parties, and there are no stock tips, paid promotions or brokerage referrals anywhere in the product.

What does it cost?

Tracking, allocation and performance against the Nifty 50 are free. Rebalancing is the paid part — see the for the full breakdown.

Own your AI-optimized portfolio

Free to track, no card required. No funds ever move through Zfolio.

GET IT ONGoogle Play Download on theApp Store