Update 25 Apr 2024

Track quarterly results on Console Timeline

You no longer have to track multiple websites to check quarterly results for the stocks you hold. You can now get all the updates right on Console Timeline powered by Tijori.

Timeline is a chronological feed of key events and developments related to the stocks in your portfolio, just like a social media feed but for your portfolio.

Check it out at console.zerodha.com.

Update 15 Apr 2024

Approved list of securities

We’ve added a new page where you can track the approved list of securities that can be pledged for collateral margin along with its haircut. The collateral margin can be used for equity intraday trading, and futures & options writing (equity and currency F&O). You can also easily search for the scrip using the universal search bar. Check it out here.

Update 15 Apr 2024

Persistency ratio of life insurance policies

The persistency ratio of life insurance policies is nearly 50% after five years, which means that only half of those who purchase life insurance keep it active for over five years. Also, if you surrender your policy within this time, you might only get back up to 50% of what you’ve paid.

How is that an investment?

Source: TheKenWeb

We had done a session with Shrehith, ditto‘s founder,  on questions about insurance you might be embarrassed to ask. Check out the video here.

Update 08 Apr 2024

Introducing Social Stock Exchange (SSE)

The Social Stock Exchange (SSE) is a platform for social organizations to raise funds from the public. So far, 6 non-profit organizations have raised money, and Zerodha is happy to have supported them.

There’s no online mechanism to donate to these organizations like there is for regular IPOs, but we are hoping this will soon be possible. We will then make it possible for all Zerodha customers to support social sector organizations working on important issues.

The idea is to show a new section called “giving” on Console’s portfolio view, along with stock holdings. This will hopefully nudge people to give a little.

SSE is a wonderful initiative because it can potentially help bridge the trust deficit that affects many social organizations. Check out this launch video we had recorded.

Update 03 Apr 2024

Change in eligibility to trade in currency derivatives

Update [04/04/2024]: The deadline has been extended to 3rd May 2024 from 5th April 2024. Check the RBI press release here.

As per RBI guidelines, traders need to have exposure to the underlying currency to trade in currency derivatives on the stock exchange. Please ensure to close your open position before 05th April 2024 to be compliant with RBI rules. Further, effective 04th April 2024, you can exit your current positions but will not be allowed to take fresh positions in currencies. If you wish to take fresh positions please submit this declaration form. Read more.

Update 02 Apr 2024

The remoteness of remote work

All of us at Zerodha went fully remote during the pandemic lockdown in 2020. While it’s been great for some, it hasn’t been for others. In this post, Kailash explains why it didn’t work for everybody at Zerodha.

Work from home works well for support roles given the structured nature of the work. But for tech, business, and decision-making teams, it has been detrimental, primarily due to the big gaps in remote communication.

So about ~10% (100+ people) of the core team started coming to the office 3 days a week starting a few months ago. The change has been dramatically positive, to say the least. Check out the post here.

Update 28 Mar 2024

Iceberg and GTT orders are now available in BSE F&O segment

You can now place Iceberg and Good Till Triggered (GTT) orders in the BSE F&O segment.

Iceberg is an order type that slices orders of larger quantity (or value) into smaller orders, where each small order, or leg, is sent to the exchange only after the previous order is filled.

This helps reduce the impact cost of execution and is also helpful in overcoming the quantity freeze limits. Learn more on Iceberg orders here.

GTT orders allow you to place long-standing stoploss and target orders, and help limit your losses if the trade goes against you or lock in profits if the trade is in your favour. Learn more about GTT here.

Update 18 Mar 2024

Zerodha ELSS index fund: Save taxes and build wealth

Most investors consider ELSS mutual funds only as a tax-saving option at the end of the financial year, but that’s a mistake. ELSS funds should be considered a core part of your equity portfolio, and the tax benefit as a bonus. This is why we launched Zerodha’s ELSS Tax Saver Nifty LargeMidcap 250 Index Fund.

Check out this video for more details 👇

Update 15 Mar 2024

Most common online scams and how you can avoid them

The number of financial scams has skyrocketed. As per the Reserve Bank of India’s annual report, there were frauds to the tune of ₹30,000 crores in 2022–23. These are only the cases that are reported, but the majority of people who fall for scams, don’t even report them.

There are so many types of scams that any of us can be a victim. It’s important that you are aware of some of the most common scams and how you can avoid them.

Update 13 Mar 2024

Save for your retirement with National Pension System (NPS)

Over the 13 years of Zerodha, our mission has naturally evolved from just giving investors the best tools to helping them do better with their money and prepare for retirement.

With this goal in mind, we just launched the National Pension System (NPS) on Coin. NPS is a brilliant, low-cost, and tax-advantaged way to build your retirement corpus. Read more.

 

Update 12 Mar 2024

A quick guide to advance taxes for traders

March 15th is the deadline for filing advanced taxes, and many traders think that it may be applicable to them. If you have an estimated tax liability of Rs 10,000 in the form of capital gains, then you have to pay advanced taxes. Ensuring that you file all your taxes on time is an importance aspect of being a trader. Most traders ignore this and they end up having to deal with income tax notices. 
In this video, Vishvajit Sonagara, the founder of Quicko explains what advanced taxes are, the common misconception, how to estimate advanced taxes and how to file them.
 
You can also check out this blog post for more. To learn more about taxation if you are a trader, checkout the taxation module on Varsity.
New feature 04 Mar 2024

Introducing the quick order window feature on Kite

We’ve introduced a new Quick-Order window where you input just one thing: the number of shares or the amount you want to invest. You can invest in anything with just 2 clicks.

For example, if you want to quickly buy ₹10,000 worth of HDFC Bank, you can just type ₹10,000 instead of calculating how many shares.

In NFO and BFO segments, you can toggle between quantity and lots, eliminating the need for manual calculation of quantities if you trade in large volumes.

These features are currently available on the Kite web and will soon be available in the Kite app.

Update 02 Mar 2024

Zerodha Z-Connect newsletter

We just started the Zerodha Z-Connect newsletter where we wrap up everything we publish on Z-Connect, Varsity, Rainmatter, and TradingQnA. Those explainers, podcasts, updates, and every other experiments we cook up to help you understand the annoying and needlessly mysterious world of finance—all in one neat email. Check out the first edition here.

Update 01 Mar 2024

Zerodha AMC launches Gold ETF (GOLDCASE)

Our gold ETF (GOLDCASE) just listed today. This is Zerodha AMC’s third fund after the Zerodha Nifty LargeMidcap 250 Index Fund, ELSS, and Liquid ETF (LIQUIDCASE).

The exciting bit is that our first NFO was in November, and as of yesterday, we’re almost at Rs 600 crores of AUM with 1 lakh+ unique investors. A lot of the investors are young and starting with smaller SIPs. Getting these people into the market was one of the goals behind the AMC.

Also, LIQUIDCASE is eligible for pledging starting today. LIQUIDCASE is India’s first liquid ETF with a growth NAV. That means the interest is added to the NAV, and it keeps increasing. There are no dividends, hassles with fractional units, tracking returns, etc.

To invest, just search for Zerodha on Kite 😉

Update 27 Feb 2024

Investing in government bonds is free starting March 1, 2024

To encourage greater participation in Government Bonds (G-Secs), Treasury Bills (T-Bills), Sovereign Green Bonds (SGrB), and State Development Loans (SDLs), we are waiving the 0.06% brokerage fee beginning March 1, 2024. To learn more about government bonds:

Introduction to Government Bonds.

Video on how to invest in Government Bonds on Kite.

Note: A minimum of 1 paise will be charged per contract note because, under taxation rules, a service cannot be provided for an absolute zero fee.