Keeping track of your overall trading or investing performance across segments like equity delivery, intraday, or F&O can be difficult, especially if you want to compare your performance against benchmark indices or different asset classes. To help with this, we’ve introduced Performance Curve on Console.
Unlike the current account value curve—which fluctuates when you add or withdraw funds from your account, the performance curve focuses on actual account level P&L and provides a clearer picture of your trading performance by including both realised and unrealised profits and losses.
How is the Performance curve generated?
We start with a base NAV (Net Asset Value) of ₹1000 from January 2020 or from the date your account value crosses ₹1000, whichever comes first. Each day, the performance curve updates based on:
- Profits or losses from trading (realized P&L).
- Changes in the value of your holdings (unrealized P&L).
To ensure there are no sudden fluctuations when you add funds to your account, we create units using the previous day’s NAV to keep the curve smooth. Likewise, when you withdraw funds from the account, we reduce the units to avoid sudden dips.
Let’s say your account value is ₹10,000. If you add ₹5,000 to your trading account the next day, the regular account value chart will show a 50% jump as the value increases to ₹15,000. But this isn’t actual profit—it’s just the added funds.
In the performance curve, for the same scenario, if your account value is ₹10,000 and the NAV is ₹1,000, you’ll have 10 units (10,000 ÷ 1,000). When you add ₹5,000, we’ll create 5 new units based on the previous day’s NAV (5,000 ÷ 1,000). The total units will be 15, and the NAV will remain ₹1,000 (15,000 ÷ 15), since no profit or loss has been made.
We have also set rules to handle corporate actions such as bonuses, stock splits, IPOs, etc., to ensure the account value is accurate and there are no unusual spikes or drops.
What’s next?
The performance curve is currently in beta, and we will soon be adding basic benchmark charts to make it easy to compare performance against relevant benchmarks, such as the Nifty 50 index.
You can view the Performance Curve on the Console dashboard. Click the drop-down arrow next to ‘Equity value curve’ and select ‘Portfolio Performance’
Note: Currently, the curve is in beta, so there might be some issues. We’re working on fixing them and will announce it to a larger audience soon. If you spot any issues or have feedback, please create a ticket here.
