Separate Section like Longterm and short term For same stocks

[vighnesh]

@TheGouda if am not wrong here you are integrating secondary demat to kite right? we already have secondary demat option but unable to switch between primary and secondary in kite ???

[Satyakam_Chaudhary]

The finished product is not something we were looking forward to. Long term holdings in secondary demat and that is kept away from Kite to discourage from impulsive sell is not a convincing logic. Let both acc reflect on Kite and user take call. Can we expect this @TheGouda @siva

[siva]

@Satyakam_Chaudhary

Let both acc reflect on Kite and user take call. Can we expect this

Not initially, maybe in future we may show on kite but to sell one need to transfer to primary, otherwise there is no point of doing this.

[vighnesh]

HI, @TheGouda @siva , its longtime , any update?

[siva]

@vighnesh

its longtime , any update?

Update about ? Can you give some context here please.

[vighnesh]

@siva Am talking about main topic, the 2 demat account thing (for long term and short term ).

[TheGouda]

@vighnesh

m talking about main topic, the 2 demat account thing (for long term and short term )

This is live.

Secondary demat account at Zerodha to manage your investments

You can now open a secondary demat account entirely online in Zerodha. With a secondary demat account, you can transfer securities from your primary demat account and benefit from separating your long-term investments from short-term trades, better portfolio organisation, and improved tax planning. To open a secondary demat account in Zerodha, follow these steps: Log in to Console. Click on Account and then on Demat. Click on Secondary and then on Continue. Confirm the undertaking and click o…

[vighnesh]

@TheGouda , Dear sir, how can i switch from primary to secondary and vice versa, for e.g
i want to buy abc stock for longterm i will switch to secondary and buy it, or lets say in order
window if am able to switch demat accounts for long term and short term.

It would be great if we can able to manage both accounts rather than transferring from one
to another.

[TheGouda]

Providing the “switch” option for demats under a single trading account involves many operational complexities, which could also adversely affect end users in some cases.

Keeping your long-term holdings away from the trading terminal helps you build discipline by reducing the temptation to trade your long-term investments impulsively.