I was analysing my holding in Bajaj Finance and checking the “View Breakdown” option available on Zerodha’s site. Prior to checking this, I was under the impression that shares that are bought first are also the first ones to be sold out of the portfolio. I have bought BF’s shares in a staggered manner since 2020 and sold a few of them last week. Under the “View Breakdown” tab on Zerodha, I found that the old entries of the shares (from 2020 and 2021) are still there and the most recent ones have been removed (which clearly means that the shares that I bought recently were the first ones to be sold (LIFO)).
Could someone please throw some light on the aforesaid scenario? Is there any setting on Zerodha application/website that can be modified so that the securities that were bought first are also the first ones to be sold and vice versa?
