@siva any update on this when we are getting this
As mentioned above we have taken live for beta but because of some issues we have revoked it and fixing the reported issue, can take couple more weeks.
Hi @siva, just checking in — any update on this? Last we heard, the beta was revoked for fixes and might take a couple more weeks. Appreciate any status you can share.
Almost sorted, doing internal beta, likely will allow next friday for external beta.
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Knock knock! Tomorrow’s Friday-hoping for a surprise notification about the portfolio feature this time 
I think it is enabled now in console.
What are the benefits of opening a secondary demat account with Zerodha?
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Does this secondary demat a/c removes my BSDA status and will be be charged seperately for AMC?? @siva
Ofcourse, this will be second demat and BSDA status will be removed and AMC will be charged.
@siva thanks for delivering this much awaited use case. I’d suggest that long term holdings should also be visible on Kite app, may be kept in enable disable mode. As if long term holdings are required to sell due to underlying fundamental change, it’d require to login to Web.
Also it’s not clear if we have to purchase stocks for long term, will it be done via primary demat and transfer to secondary or direct purchase can happen in secondary (long term) demat also.
Hi @siva
Please clarify
- What are the costs and operational requirements of maintaining two Zerodha demat accounts ?
- Can the secondary demat account be linked to a different bank account for separate fund tracking?
- How are corporate actions (dividends, bonuses, etc.) handled across primary and secondary demat accounts?
- If We’re transferring shares from Our Zerodha account to another Zerodha demat under the same PAN (e.g. a secondary demat account): The same transfer charges apply (₹25 or 0.03% plus GST). ?
- Does Zerodha offer any reporting or portfolio consolidation tools if I operate both accounts?
AMC will be charged on both accounts.
Exactly for what?
Same way how they are handled in primary.
Right, 25 rs plus GST .
Yes, one can check on console.
I have opened the account, but the transfer option is not enabled yet.
If this secondary Zerodha account is meant purely as a “Demat Vault” (not for trading or buying/selling), then linking a bank account is not essential.
Selling Long-Term Stocks in Case of a Fundamental Change
In such a scenario, We’ll likely have to initiate an off-market transfer of the stock back to Our main Zerodha account (or any active trading account).
This requires CDSL TPIN authorization and may take up to one working day for the transfer to reflect.
Also, please note that when we transfer out shares via an off-market transfer, the average price and profit shown in the Console will be incorrect, and we’ll have to raise a support ticket each time to get it corrected.
When a long term shares transfer to secondary demat, will the original purchase price automatically reflected or need to update manually? @siva
Automatically updated.
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Hi @siva
Today I initiated transfer request for 7 stocks .
Step 1: Initiate the transfer - completed
- Visit console.zerodha.com/portfolio/holdings/transfer.
- Select the securities you want to transfer and enter the quantity.
- Click on Continue and then on Confirm.
- Authorise debit of stocks by entering the CDSL TPIN and OTP.
Step 2: Add beneficiary - No email from CDSL yet
If adding a new beneficiary, CDSL will send you a verification email between 3 PM and 5 PM on trading days. Follow these steps:
No email yet for adding new beneficiary . Since there are no emails between 3PM to 5PM , I Initiated adding new beneficiary via CDSL .
3: Confirm the transfer - No email from CDSL yet
We’re checking this. Meanwhile, feel free to re attempt, it should go through tomorrow’s process and you should receive and email to complete the flow.