Introducing Performance curve on Console

Retaining observe of your total buying and selling or investing efficiency throughout segments like fairness supply, intraday, or F&O may be troublesome, particularly if you wish to evaluate your efficiency in opposition to benchmark indices or completely different asset lessons. To assist with this, we’ve launched Efficiency Curve on Console.

Not like the present account worth curve—which fluctuates once you add or withdraw funds out of your account, the efficiency curve focuses on precise account degree P&L and gives a clearer image of your buying and selling efficiency by together with each realised and unrealised income and losses.

How is the Efficiency curve generated?

We begin with a base NAV (Web Asset Worth) of ₹1000 from January 2020 or from the date your account worth crosses ₹1000, whichever comes first. Every day, the efficiency curve updates primarily based on:

Income or losses from buying and selling (realized P&L).
Modifications within the worth of your holdings (unrealized P&L).

To make sure there aren’t any sudden fluctuations once you add funds to your account, we create models utilizing the day prior to this’s NAV to maintain the curve clean. Likewise, once you withdraw funds from the account, we cut back the models to keep away from sudden dips.

Let’s say your account worth is ₹10,000. In the event you add ₹5,000 to your buying and selling account the subsequent day, the common account worth chart will present a 50% leap as the worth will increase to ₹15,000. However this isn’t precise revenue—it’s simply the added funds.

Within the efficiency curve, for a similar situation, in case your account worth is ₹10,000 and the NAV is ₹1,000, you’ll have 10 models (10,000 ÷ 1,000). While you add ₹5,000, we’ll create 5 new models primarily based on the day prior to this’s NAV (5,000 ÷ 1,000). The full models will probably be 15, and the NAV will stay ₹1,000 (15,000 ÷ 15), since no revenue or loss has been made.

We now have additionally set guidelines to deal with company actions corresponding to bonuses, inventory splits, IPOs, and so forth., to make sure the account worth is correct and there aren’t any uncommon spikes or drops.

What’s subsequent?

The efficiency curve is at the moment in beta, and we are going to quickly be including fundamental benchmark charts to make it simple to check efficiency in opposition to related benchmarks, such because the Nifty 50 index.

You may view the Efficiency Curve on the Console dashboard. Click on the drop-down arrow subsequent to ‘Fairness worth curve’ and choose ‘Portfolio Efficiency’

Notice: At the moment, the curve is in beta, so there could be some points. We’re engaged on fixing them and can announce it to a bigger viewers quickly. In the event you spot any points or have suggestions, please create a ticket right here.