Ability to create different portfolios in Kite

Zerodha
53

ICICI Direct has a mechanism to lock qty to avoid selling. Customer uses that feature to lock stocks for LT. But the portfolio report still shows all qty, which is not appropriate. Atleast they have a mechanism to lock qty.

Remember how Yes Bank was locked for sale. Why can’t you think on those lines where you give customer an option to allocate some portion of the holding qty for LT. So the customer sees only the ST qty in kite that can be traded. In kite you show the T+1 qty as well. Just saying.
If you can implement the above mechanism of allocating qty for LT, then going further, you can have 3 reports, for total qty, for LT qty, and for the balance qty for each scrip. You can call these reports as portfolio. That’s it.

54

I really need this feature. People are requesting this since many years. It will be really nice to implement it.

1 Like
55

Only if @nithin understood that long term investors like us could start exploring short term features like intraday and derivatives, only if he allows us to seggregate it and keep them separate. After all it will generate more revenue for the company.

56

You can’t segregate a portfolio like that for taxation. The ideal way is to move long-term holdings to a secondary demat account. This is on our list of things to do - open a secondary demat where you can hold long term holdings.