SWP / STP in Zerodha

Personal finance
401

@Neelesh @Bhuvan @nithin_kumrr
I need to do SWP in coin - so quarterly if i select - which month it will select on quarterly

because there is no start month is mention on coin platform

swp
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402

SWP works from the day of triggering. for 15 days it’s 15 days from today.
Maybe same for quarterly…

you can create a small amount SWP and check ? and delete it afterwards.

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403

@TradeB2B it starts from the current month. So, if yu set it up today, October 9, 2024, the next withdrawal will be on Jan 7, 2025 (90 days). You can check the exact date in the SIPs or SWPs section once it’s set up.

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404

I know you don’t want to commit on a date, but can you give a rough timeline? 1 month, 2 months, 3 months or more?

406

Any updates??

407

@Neelesh Any updates ? This endless wait is frustrating !!

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408

This seems really unprofessional. I am so fed up of this delay that I am realistically considering moving to different platform. Is there any guide for moving my holding out of coin?

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Some of these features when we design and work on, we ensure all the edge cases are caught etc, hence it takes time. This is something that is industry first allowing inter AMC STP. We are almost ready, heres a sneak peak.

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410

Looks cool, but again when it is launching!! Commit a date… @Neelesh

411

Years of experience have taught me that incremental software improvements are superior to large overhauls. They minimize risk, accelerate feedback, and boost flexibility. IMHO grabbing the low-hanging fruit of intra-AMC STP is better than indefinitely delaying it for the larger inter-AMC STP feature. Or at least establish some realistic target date for accountability otherwise “almost ready” doesn’t mean much.

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412

Does STP amount come into my bank account or have you figured out a way to avoid it?

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413

Wow!!

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Wow… Hope you launch soon.
As a first feature, why not launch with the same AMC STP and then work on inter AMC STP?

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You brag in the media about keeping your development team very very lean but it’s evident on this forum that it has other costs.

Also you’re going against the agile methodology by releasing large features. Small releases will allow you to gather feedback faster. And reduce rework.

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5 Likes