In many families, even though investments might happen through multiple individual accounts, one person is usually monitoring all the portfolios. It is extremely important to track the portfolio risks in terms of asset allocation and concentration to stocks and sectors not just at an individual level but also at a family level. But getting an accurate family portfolio view is a nightmare. The person managing the accounts would have to cobble together Excel sheets and various other portfolio tracking tools and deal with data quality issues.
Introducing the Family portfolio view on Console. It allows you to add up to 10 family member portfolios (Zerodha accounts) and track the consolidated portfolio through one account. Only viewing and tracking is allowed after explicit authorisation from the family member’s account. Regulations don’t allow one account to place orders on behalf of another, even if the other account belongs to a family member.
You will be redirected to Console. Click on Link a sub-account.
Enter the sub-account’s Kite user ID, PAN, and mobile number and click on Continue.
An SMS with the verification link will be sent to the mobile number of the sub-account holder. The sub-account holder must authorize by clicking the verification link in the SMS, allowing the requester to view their portfolio. The verification link is valid for 2 hours.
Notes
Holdings on the Console portfolio view are updated live with the latest price, but any stock bought or sold gets credited or debited becomes visible after the end-of-the-day settlement.
NRI account addition for accounts with non-Indian numbers are not supported. This will be made available soon.
This is a beta release. Currently, only holdings can be viewed at the family level. We are working on adding support for family-level tagging, goals etc.
Linked sub-accounts can be removed from the Family section under Account on Console.
Follow the steps described here to add family portfolios from the Kite mobile app.
You can transfer shares from another demat account to your Zerodha account and update trade dates and prices for those transactions to effectively track the portfolio. Check this article for more.
Introducing the Family portfolio view on Console. It allows you to add up to 10 family member portfolios (Zerodha
Zerodha
Zerodha Broking Ltd. is an Indian stock broker and financial services company that is member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). It offers institutional and retail brokerage, currency and commodity trading, mutual funds and bonds.
accounts) and track the consolidated portfolio through one account. Only viewing and tracking is allowed after explicit authorisation from the family member's account.
One of the newer companies we've partnered with is Tijori. It's an investment research platform for all things fundamentals. They've built an amazing platform for fundamental research and you will soon see more tools powered by them across Zerodha platforms.
Manager. · 2y. It's a new feature in zerodha which allows you to add 10 zerodha accounts (family member's) with your account. You can screen and monitor all those accounts but, cannot place buy or sell orders.
The Timeline feature on Console is a tool for tracking all important events such as corporate actions, earnings announcements, regulatory developments, and related news like fundamental updates on all the investments held in a client's demat account.
Even though two demat accounts can be opened, only one trading account can be opened per client, and it will be linked to the individual demat account. To link the joint demat account with the trading account, create a ticket.
Sensible. I am not sure why screener don't have monthly subscription model. They charge annually which can be a bit costly for retail investors. Other good feature of tijorifinance is that they offer macro level data as well.
There are 3 promoter(s) of the company viz. Tejas Goenka, Siddharth Hegde, Varun Marda, . TIJORI ADVISORY SERVICES PRIVATE LIMITED Annual General Meeting (AGM) was last held on 09-08-2021 as per records from the Ministry of Corporate Affairs (MCA).
It is absolutely safe, they hold your MF units in demat, that means you are in full control of it. Even if Zerodha goes bankrupt, your MF units are still safe in your demat account.
No, only one trading account can be opened with one PAN with one broker. However, a new non-individual trading and demat account, in the name of a company, partnership firm, LLP, or HUF can be opened even if one holds an individual account with the same broker.
Sharekhan: Sharekhan, one of India's oldest stock brokerage firms, is known for its comprehensive range of investment options and robust trading platforms. It provides personalized advisory services and extensive research reports to help investors make informed decisions.
Why choose Zerodha. Zerodha is among the largest discount brokers in India with a wide range of products and free equity delivery. It is a good choice for beginner investors because of its easy-to-use trading platforms.
Introducing the Family portfolio view on Console. It allows you to add up to 10 family member portfolios (Zerodha accounts) and track the consolidated portfolio through one account. Only viewing and tracking is allowed after explicit authorisation from the family member's account.
Hi @samurai, as per exchange guidelines, you can simultaneously maintain only one login session, one on Kite web and another on Kite app. If you log in to a second device (either for Kite web or mobile) when there is an existing session, your previously active login will be cleared and you will be logged out.
Zerodha Broking Ltd (formally Zerodha LLP) was founded by Nithin Kamath and Nikhil Kamath in 2010. Zerodha is a Bangalore based company engaged in the business of stock and commodity trading.
We provide access to the Services in the following manner: Free to browse information on the website. Free to use features after logging in. Subscription to a paid plan for availing Services (paid user)
Zerodha provides a mobile application called Kite which is available for both Android (WEB), and iOS (WEB) platforms. Kite offers enhanced features and faster performance compared to traditional desktop platforms, ensuring a superior trading experience for users.
Introduction: My name is Aron Pacocha, I am a happy, tasty, innocent, proud, talented, courageous, magnificent person who loves writing and wants to share my knowledge and understanding with you.
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