Introducing family portfolio view on Console
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें।
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.
The combined portfolio shows asset allocation, exposure to stocks and sectors across all the accounts. You can use the drop-down to select a particular account.
Portfolio analytics
Here are the steps to add family accounts
- Visit https://kite.zerodha.com/holdings and click on Family.
- 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.
Team Zerodha
India's largest retail brokerage
❤️️❤️️
thanks for your support
Mera account open nhi ho rha h
Hey Jagarnath, please create a ticket at support.zerodha.com so that our team can have this checked and assist.
Great initiative…….
Very innovative idea.
Yes. That kind of a facility would be good. Something like a grouping within ‘holding’.
Is it chargeable or how?
Great Initiative. If you can make arrangement to trade family members account from one console will be very useful. Zerodha has simplified on-line trading. Thank you Zerodha.
Hey Mahendra, regulations don’t allow one account to place orders on behalf of another, even if the other account belongs to a family member.
Can I add other accounts (like HDFC BGSE etc)
Hey Nagaraj, no you can only add Zerodha accounts.
How to export in xls family holdings?
Hey Shantanu, currently it is not possible to download family account holdings. We’ll take this as a feedback and look into the possibilities of making this feature available.
Is there any update on this? This would be very useful to have
Hi Shubham,
Is there any update on this feature(Export Family Portfolio)?
We are eagerly waiting for this feature
Hi,
It is good to have family portfolio in one place but it would be great if we get account value of all family members at the same place. This will help in teaching investment value and cash balance at any given time.
Hi Vinayak, thanks for the feedback. We’ll explore the possibilities 🙂
This is a good option.
Great initiative
SUPERB………..
NICE
perfect ,zerodha is on next level !
This Makes sense Cool Feature
Much awaited enhancement. Thank You.
if possible show this option as drop down menu in holding so that we do not have to go to console portal.
pls let me know if we could add minor child in this family account
NICE ONE
Now we are bigger than uncertainty. like health insurance.
Excellent and novel idea.
If family member have account with another broker what to do ?
Then you can’t use this feature.
For using this feature, another members of the family must have account in zerodha
Great Solution. Please work on also allowing transaction from one single platform too.
Hey Deepak, regulations don’t allow one account to place orders on behalf of another, even if the other account belongs to a family member.
Why to inform Zerodha about my family details and stock portfolio….?
This is optional feature and not compulsory
Can you also provide feature so that I can segregate my holdings into various kind of portfolios. eg.
Long term portfolio,
Short term portfolio
Portfolio for my child 1
etc etc.
And can easily move my holdings into it.
Hey Saurabh, do check out the tagging feature on Console. Using this you can tag and sort your holdings according to your preferences. You can check more on tagging here.
Please allow the market watch in kite to be named as customisation. It is available in the mobile app and not desktop kite. There are 7 tabs in the market watch. Tagging would not be a solution since it is not in the front and visible while placing orders.
Hey Venkat, the name given on the app will appear on Kite web when you hover over the watchlist number. We’re working on bringing tagging feature to Kite, making it possible to tag during placing orders itself. We’ll keep you posted on it.
Hi Shubham,
I appreciate the introduction of Family and Tags(in the past). I had a lot of struggle without these features in the past.
In tags, one of the important problem is if I have the same stock bought in different periods of time under different tags(eg: long term, short term). While selling stocks(partially) due to FIFO logic, I can’t assign the correct tag to the sale transaction. I understand for tax calculation FIFO has to be followed, but can you please delink P/L calculation for tax and P/L calculation for tags. I’m ready to explain in detail even over a call or email.
eg:
1/1/2020 – Stock A – bought 100 at price 1. Tag – LongTerm
1/6/2022 – Stock A – bought 50 at price 2. Tag – Short Term
1/76/2022 – Stock A – sell 50 at price 2.5. Tag – Short Term.
In this scenario, profit is not calculated as 50 * (2.5 – 2). Instead it is calculated as 50 * (2.5 – 1). Without this I’m still dependent on Spreadsheets and manual entries, it is a painful process.
Good one Nithin 🙂
Wow!! it is just an amazing feature. Now we all have a reason to bring more family members into Zerodha platform. Thank you for this useful feature 🙂
Nice Feature!
But apart from Stocks..Can we see positions taken under NFO?
That will be a good feature to have – ability to view live positions
Not a appropriate plateform, rather worst broker, stole my holding
I lkie to know more about it
Hey Mahipal, we’re sorry to hear this. Could you please reach out to us at support.zerodha.com and elaborate on your issue? Will have it checked right away.
Superb feature provided, easy to track whole family portfolio on single screen.
Fantastic… will certainly use this
Thanks and appreciate this initiative.
how i can tranfer my shares to zerodha and what will be the charges
Hey Vinay, we’ve explained the process in detail here.
Is it just for View or can I place orders on the sub-accounts?
Hey Shobhan, you can only view the portfolio. Regulations don’t allow one account to place orders on behalf of another, even if the other account belongs to a family member.
Awesome! I had built a tool for myself for this usecase and was thinking of publishing it, great to see this feature coming inside Kite itself! 😁
Superb Feature, Was searching for this one. In my families one person is responsible to take care of the portfolio of many members. This helps a lot.
Superb Facility. Was waiting for such facilities since years. Please keep on adding features to this facility.
How to place orders in multiple accounts at the same time? please make a detailed video on this
Well thought !!! Excellent Feature added.
This will be of great help.
Keep adding new features.
Wonderful… I have been thinking of such a solution for long.. This will now obviate use of downloads and excel.. Thank you so much for introducing such a useful tool..
Awesome… Gonna love it
Really a good added future which is very much useful for me who is managing two to three accounts of my family. Zerodha team is thinking in trader perspective and adding valuable futures. This is what required for the business grow. Hats off to the Zerodha team. Thank You very much.
Zerodha should also add other brokerages accounts as family members would have access to other brokerages accounts as well. Kindly appreciate this and hope they’ll look towards it.
Great feature.. Thanks Zerodha Technical IT Team and Business Team to work on this feature & make it happen LIVE.
Is this chargeable to use this feature ??? or free of cost
Ofcourse free of cost
There are no charges for using the Family Accounts feature, Ravi.
Great option 😊
Just Great 👍🏻 ❤️
Its a cool feature, very much required for multiple account
awesome ., if possible please add option strategy tool and option chain too.
This is a great feature!
But, is this possible with small cases as well or only on the console dashboard?
Thanks!
Very Good
This. Awesome feature and will be really helpfull. Thanks Zero…!!❤️
A very good initiative by Zerodha. I will be linking my wife’s account with mine and experience. Hope I will not be disappointed.
Thank you Zerodha
Excellent
Please make provision for multiple login icons in main login page…as while switching to another login id…it is promoting to write login id name…which hardly can remembered
Introducing such features and still not having an option to calculate my internal rate of return. I don’t understand.
We’re working on it, Jaikishan. We’ll keep you posted.
Much needed and appreciated User Story that has been shipped out.
Thank you.
Great.
Thank You So Much!!!
Was waiting for this feature since long
Nice one Awesome Gr8 app
Thanks Zero da…..
I was thinking about it as tracking multiple accounts is tedious. Zerodha is on next level in execution!!
Nice investment in Zeroadah
परिवार का होल्डिंग अगर दिखाना नहीं चाहे तब भी दिखेगा क्या?
It will be good. if you could provide some way to create groups under holding. So people could put some for short term and some for long term (movement b/w the groups). Right now what people do. they create multiple account with same user but different broker. One broker for short term and another for long term. If you figure out a way to this in our holding it self. people will stick to only one broker. group is just for showing what no of share people will sell/buy in short term. Behind the ui everything is just same. Users should be allowed to move shares b/w groups. here I just gave group name as short/long term.
Hey, you can do already do this using the tagging feature on Console. You can learn more about tags here.
tagging is just logical view.. it do not help in trading view/screen.. also one need to keep adding tags as and when he buy shares, one need to keep separate account otherwise same shares hold for long term and short term gets mixed while selling and shares you kept for long term (because you bought earlier at lower price) gets executed first.. that distrubs your port folio.. so in my opinon tagging do not help really.. for such case.
Zerodha super upgrade🥰💥💫
This will be helpful 👏🤝
Expecting more and more features from zerodha 🤟
Nominee add kaise kare
Hey Ram, you can add a nominee online. Here’s how: https://support.zerodha.com/category/your-zerodha-account/nomination-process/articles/add-nominee-online-zerodha
1. Add time remaining for Candle Close
2. Add feature to automatic cancle one if other get executed. (Like cancle stop loss if target order executed vice versa)
Very useful feature, thank you for adding
Hi team, that’s a great feature you have released.
But I have a confusion/query.
Lets say, As a father, I want to see and track my son’s portfolio but I dont want my son to see my portfolio.
So if a Father want to add Son’s account to Father’s portfolio and son authorizes the request,
only father will see all the portfolios or even son will be able to see father’s portfolio?
The son won’t be able to see your portfolio, Parth. If he has to see your portfolio, he’ll have to add your account as a sub account, for which you have to authorise.
Very good initiative. I faced the same issue before by managing 4 different family accounts in an excel. Now it is much easier.
A very good initiative by Zerodha. I will be link my wife’s account with mine and experience.
A very good initiative by Zerodha. I will be link my wife’s account with me.
Not able to connect account.Please help.
Hey Mohit, please create a ticket at support.zerodha.com with more details so that our team can check and assist.
Super decisions
Good option. Thanks.
This is an absolutely brilliant idea and zerodha always ends up knowing the right area to hit 🎯!!! Keep up the good work!!
Very useful feature. Hat’s off to Zerodha team who identified the need of such services.
However I could not find an option to unlink the family accounts. It might be necessary at times.
Hey Phaniraj, we’ve explained the process for unlinking the family account here.
Please introduce copy trading feature too.. As soon as I place the order in my account, same order should be placed in all 10 accounts of family members. Its need as many more traders are coming in the market and want to manage their family account with copy trading
We are ready to take permission from SEBI or concern regulators. Let’s us know the procedure and where to contact?
Now this is what separates zerodha from other brokers. Very Innovative and much required feature added. Great Work!!!
Great to hear.. Much awaited… But still looking for linking two zerodha demat accounts to same kite app and switching between them would be a dream thing to happen.. Nithin.. we will be waiting for this feature…
Nice Required feature added. Great Work!!!
Thank you for saport team
Great Initiative. have been wanting this since long time.
When it says family, can we add friends accounts too or there is any catch which will distinguish between both.
Reason for asking is that it can be used by small advisors to club client holdings too.
SUPER SUPPORT VERY USEFULL TO ALL ZERODHA CLIENT
Many great features are being introduced recently. Market leaders usually start slacking off. Instead you guys are doing a fantastic job!
Actually this option was good, however there is no possibility to download the combined portfolio statement to excel file. So we still have to login in different account for excel download. Another thing I had requested a very minor modifications in KITE page which will be useful for Investors/Retail traders however it is not yet implemented. So please focus on the minor modifications. Anyhow I am using the third party screener which allow for combined portfolio download and it is more better than Console. If Zerodha really want to look in to the modifications, you can send me an email where I can share the features requested
Hi Vadivelan, which third party app do you use for this feature? Also, does it provide grouping of holdings? Thanks
Nice feature in ZERODHA
Finally!! Was waiting for this for like ages. I have 6 Family accounts incl my HUF. I hope more features are added to this. Separately, I wish you could implement account switching (which imo is something very basic). Today I have to either use different browsers or log out and log in back to another account.
Why don’t you clearly mention that this feature is NOT available for NRI customers??
VERY disappointed
Great feature. Thanks for adding it. I’ve been thinking of opening accounts for family members but wasn’t sure if i’d have band-width to track.
This is very helpful option. The families have more accounts will be beneficial. Thanks for continuous R&D for our support.
Exciting feature, thank you. Please provide also for combined trade book, and P&L statement
बहुत अच्छी पहल. ध्यान रखने के लिए धन्यवाद
very good and useful feature
similarly can sub account owner can they see main account?
Why can’t you the provide portfolio differentiator just to bifurcate our own folios in t 2-3 parts to helps us distinguish which are long term and short term scrips for investment or trading purposes?
Good initiative, requesting to consider adding the buy or sell from one account to another.
Great initiative
great featurs
Even better is to allow tags..that way same stock can have two tags
Good effort. Exporting reports to Excel will be more useful.
Guys, This is awesome. A very practical usecase for most people. I am sure many of us are going to be benefitted by this. Thank you so much for all these neat little tricks.
Also I was looking for one other simple stuff. Currently none of the reports or even the holdings page in kite does not show a serial number in front of the stocks list. Is this consciously not present because of any performance issues in creating the list/report?
Often I have been wondering i have too many stocks in my portfolio or should it cut down etc.
Thank you
also trading and investment portfolio bifurcation for viewing tax purpose etc may be a great idea
Hi,
Can two accounts be linked to each other as family? I. E., each can see overall family holdings?
Thanks.
Aap mobile sim ki tarh dusre Company ke demat acount zirodha me jodne ke liye koi upay kre, yani kisi ghar ke sadsay ka 5 pesa me demat acount h or vo chae to uska zirodha me convert ho jaye esi koi skim laye
Can we do trading in options, commodities and currency for our family accounts simultaneously on any time frame.
Zerodha may provide easily switching to any family member account to do investment, like it is done in Kuvera for MF investment for family members. A single platform is needed to save time and quickly use the investment opportunities available. Currently we login and logout from one account to another, it is inconvenient. Thanks.
Kuvera platform allows to invest for linked family accounts from single login. Similarly it should be possible for stocks in Zerodha.
This is awesome, Zerodha got it absolutely perfectly. This shows they are constantly getting customer feedback and working on it. The product team which priotized this feature is serious about customer problems. I think you have a good team out there
Request a feature to divide holdings in different groups like tech, FMCG, banking, consistent compounders etc like watch list to decide and focus on stocks of interest along with holdings. Hope it may be possible.
Good work.
I hv been requesting for addition of 75min candle and Adaptive Moving Average in the ‘studies’ for trading purposes. Please introduce it asap.
Reena
How do I open other members of the family and HUF account with same mobile no and email id?
Hey there,
Thanks for this.
I would like to propose an idea.
In the holdings, can you please enable a sub protfolio options.
E.g. I have 20 stocks in portfolio
I would like to classify them into 3 subportfolios.
Sub portfolio 1 with 5;
Sub portfolio 2 with 5 &
Sub portfolio 3 with 10
I would also like to see P and L for each sub portfolio.
Can you please think about this?
Thanks.
Hey John, you can do this using the tagging feature on Kite. You can learn more about tagging here.
Great feature, Excited to explore it
Much needed utility. KUDOS to the team
Is this supported for the MF portfolio on Coin also. Or just the stocks in Kite for now?
Hey Senthil, you can view the mutual fund portfolio as well.
Any tax implications if we add our family members. If our family members account is treated as separate for tax purposes it’s ok . Pl I need clarification in this regard.
Hey Hemantha, this feature only provides you with a view of the portfolio of accounts linked. There are no tax implications.
It is good but more things is required ie one should do all operations in this application
How to add minor’s account because minor can’t login and approve the request? Minor account login is not enabled by Zerodha.
Hey Mayank, if the minor account has been opened online, you can link it as family account as you would have received the login credentials. If the account is opened offline, it cannot be linked as login credentials aren’t available. This is on our list of things to do.
very nice move from Zerodha
Hello – is there any tax implication because of this? Any possibility IT department can look for clubbing of incomes? Please clarify??
Hey Harish, this feature only provides you a view of the portfolio of accounts linked. There are no tax implications.
Great initiative by Zerodha and trust that they will add more such initiatives in the days to come
Is this facility is chargeable ?
Hey Prabhu, there are no charges for using the family accounts feature.
Console ok give me
I did not receive any message after Linking sub account? Any issues today? Its still pending
Hey Gopinath, could you please create a ticket at support.zerodha.com so that our team can check and assist?
Excellent feature. However, it would be simplify our job if this can be having downloading feature. Rightnow it only displaying overall family portfolio but could not download. Am I right?
Sab Ka Sath Sab Ka Vikash
Will this impact the taxation part? is this information shared with CDSL/NDSL/IT department?
Hey Murli, this feature only provides you with a view of the portfolio of accounts linked. There are no tax implications.
hello dear zherodha how can i create demat account from bangladesh
Hey Shakib, you can check out the procedure for opening an account as a foreign national here.
Can we see commulative p&l also at family level in future ?
I want to be a sub broker. You send me details
Hey Piyush, we’ve explained the process for becoming a Zerodha Partner here.
I am unable to add my family members’ accounts, as the family members are not getting any SMS for verification
Hey Krishna, could you please create a ticket at support.zerodha.com? We’ll have this checked.
In my opinion to transfer fund from one Zerodha account to another Zerodha account should be allowed.
Can I link the account of my minor kids with my portfolio.
Hey Dilip, if the minor account has been opened online, you can link it as a family account since you would have received the login credentials. If the account is opened offline, it cannot be linked as login credentials aren’t available. This is on our list of things to do.
Hello zerodha team
The new option of family portfolio is quite helpful for managing and analysing performance at one place .
There is one small request to you people that make an option to download family holding in pdf or XML format , sometimes it is needed to have a printed copy to share with aged family members.
Thankyou
We’ll look into the possibilities, Vivek. Thanks.
Hello, It would be great if Day’s Chg. % is also shown in the Family portfolio view so that it would be easy to know which stocks have changed on that day making it easier to track & invest immediately.
Let’s say if I add 2 sub accounts under my account. Can that both sub accounts see the whole family portfolio or only I can see whole family portfolio?
Hey Shubham, only you can see the family portfolio. You will have to link these accounts as sub-account with other accounts for them to see the family portfolio.
Hey, just went through the discussions about your tag feature, this is great. But I see tags are available only on console and not on Kite. Please please make it available on portfolio section of kite. As we need those segregation during buy sell also.
I appreciate your innovative mindset.
Thanks.
not able to add my family member’s account. it says worong user id, whereas the user id is correct
Hey Umang, please create a ticket at support.zerodha.com so that our team can have this checked and assist.
Any tax implications of family accounts? I mean if we list spouse or other family members in our family, will it affect year end taxation
Hey Srinivas, his feature only provides you with a view of the portfolio of accounts linked. There are no tax implications.
Getting error as invalid user whenever I’m trying to add my family’s other account
Hi Chethan, please create a ticket at support.zerodha.com so that our team can check and assist.
Hi Team,
Can I take beneifit of margin of of my sub account into my account by plegding the shares of the same?
Hi Himanshu, you can only view and track the portfolio of the sub-accounts linked. You cannot place orders or avail margin benefits from one account to another.
Firstly, I would say that I become proud my self as one of the members of ZERODHA family.
Secondly, I would like to draw your kind Notice that my Wife Mrs. ANASUYA DEY is also having a Zerodha Trading A/c vide ( Client ID: PWT730) , which is active now. She has got/acquired (10) Ten nos of Titagor Wagon Shares in physical form where 1st Holder is ANASUYA DEY and 2nd Holder is PRABIR KUMAR DEY, jointly for a long time which should be in the form of De-mat . Sir / Madam I am very much in trouble at this juncture due to want of help.. help. Please help me to include the stock jointly as is where it is.
As per your instruction, I will send the original documents as received from the Company.
Hi Prabir, could you please create a ticket here so our team can check and assist?