SWP / STP in Zerodha

Yeah okay. NAV of MF in coin App doesn’t show T-2 Value , instead it shows the latest NAV i.e., the previous day’s NAV.

is it not possible to display the same NAV (whatever shown on coin app ) on console also?

We are looking at the possibilities.

I am hoping that it is almost done…

They told August end in 2023 :sob:

@Neelesh any stp timeline for roll out in coin app? Also why xirr doesn’t show untill one year? Groww is reflecting after few days itself.

@Neelesh please flash one day change and value in COIN

1 Like

Must have!! Such a simple thing does not exist.

1 Like

We had this one-day NAV change on Coin, but later, we removed it, as it does not make sense to track a fund’s performance by the Day change NAV. We will be adding this back on Coin soon.

2 Likes

Thanks for adding it back. It is useful on main event days like election days or yesterday’s fall to check how much it affects the portfolio, rather than calculating manually.

2 Likes

No one is tracking performance with 1 day change, but it is useful to know falls/gains during major events, when you open coin

3 Likes

How is it useful though? I can understand for a trader, but how is it useful for a mutual fund investor? Is it just curiosity or would you take any buy/sell action based on the 1 day NAV change. If you are doing proper asset allocation and rebalancing then does 1 day NAV change matter? If you want to check your portfolio performance shouldn’t checking the total XIRR on a monthly/yearly basis be enough?

I would argue that it is actually harmful in the long run to show this information. While your intention of checking it only on major market events is okay, if someone is not careful enough it may turn into a lottery machine. They’ll open the app on a daily basis to get a quick dopamine hit. It will only lead to fomo in a bull market and panic selling in a bear market.

I feel the cons outweigh the pros here.

Exactly :100:.

@Neelesh is there a possibility to bring Fund Sector (Large, Mid, small etc) filter on SIP screen, it will be great help to calculate the sector cumulative amount while modifying the sip amount.

Yep, this makes sense will add it on our to-do.

1 Like

Nothing is stopping him from seeing this via the daily NAV change.

I would suggest we should leave decisions to investors and act less like a nanny.

1 Like

Doubt…

I see many asking for the 1 day NAV change, but i was under the impression that this👇 was already available.

Here the NAV grew by 1.59% compared to the previous day, is this not considered a 1 day NAV change ? as it measures the % change in NAV each day.

Are we asking for the 1 day NAV change in rupee terms.

Most of them asking to show the changes into overall portfolio in terms of total ammount and % in a single day.

It has to show 1 day change in our portfolio, as well as amount changed per fund if you open it in the view you posted.

Almost every single app has the 1st one. Many also showing per fund level, like Kuvera.

Hiding public information from user is very dumb. He can get it on his own by multiplying change * value every day, but that is a hassle. You are not stopping him from checking portfolio level every day. Just hindering the process

1 Like

Exactly! I get so triggered with their narrative. Kamath brothers should stop thinking themselves as Jesus Christ who has come to save investors. You are a broker, better listen to your customers and have a end user friendly application

4 Likes

Super question :+1: :+1: :+1:

1 Like

:100::100::100::100::100::ok_hand: