New Delhi, May 9 -- India's retail investing boom has brought millions of first-time investors into mutual funds, stocks and insurance products, but according to Nithin Kamath, investors continue to repeat the same costly financial mistakes despite having access to better information than ever before.

In a strongly worded post on X, the Zerodha co-founder highlighted how products such as ULIPs and endowment policies continue to sell aggressively even after years of warnings from financial experts, educators and the media

"When it comes to personal finance, people somehow keep making the same mistakes over and over again. There's very little creativity in the mistakes people make," Kamath wrote on X.

Kamath pointed out that for years, f...