Hey, I’m not sure why you are so sceptical about us and assume we’re up to something, but we’re here to change your mind
Aslo, happy to get on a call as well but I’ll answer your questions for now:
We’ve always been transparent about whatever we do, if you feel otherwise, happy to address any concern you have.
Do you have any specific features, use cases that you are referring to?
At at high level, there’s always a tradeoff between adding everything on Kite and creating clutter. Having said that, we are working on bringing more insights from Console to Kite. You’ll see this over the next couple of months.
Hmm, at a transaction level, these data points are less useful. That’s because FIFO accounting applies for MFs also and users assume, they can exit a particular transaction after seeing a P&L. We’ve had this conversation with numerous users and it always leads to more confusion than ever. This is the same behavior across the industry btw. Most platforms don’t show this for the same reason. What matters to you at the end of the day is the XIRR/P&L at a scheme and a portfolio level.
On “the lack of features” on Coin.
Coin is probably the product that’s cursed the most. As you must be aware, the transition from pooling of funds to non-pooling was a massive transition for us. This setback the development of Coin by well over 2 years
I understand that as a user, when you see that nothing has changed on the frontend, it’s natural assume that we “don’t care” about Coin, but that isn’t the case. In this case, we were well aware of the regulatory overhang on how Coin worked and we had to pause the development of a lot of features that we had in the pipeline. What has happened behind the scenes on Coin over the last 2 years, is essentially a rewrite from scratch. I hope you see where we are coming from.