What is the difference between the Account value curve and the Portfolio performance curve?

The Console dashboard offers two performance tracking tools: the account value curve (Equity and Commodity) and the portfolio performance curve. While they might appear similar, these curves serve different purposes.

Account value curves

The equity and commodity account value curves display the total value of their respective investment accounts. These curves show:

• Total value including all holdings
• Cash balance
• Realised and unrealised profits and losses
• Deposits and withdrawals

These curves show exactly how much the entire account is worth at any given point in time. They show the total value, including both investment returns and fund deposits or withdrawals.

Portfolio performance curve

The portfolio performance curve (beta) provides a view of actual investment performance by:

• Tracking only realised and unrealised profits and losses
• Excluding deposits and withdrawals
• Using NAV calculations similar to mutual funds

This gives investors a clearer picture of how investments are performing, excluding cash inflow and outflow. The curve can be viewed separately for equity and mutual funds, or as a combined view. Investors can also compare their performance to NIFTY 50.

The portfolio performance curve begins with a base NAV of ₹1,000 (from July 1, 2022 or when an account first reaches ₹1,000). When funds are added, new units are created based on the previous day's NAV. When funds are withdrawn, units are subtracted.

Key differences

While account value curves show the amount in each account, the portfolio performance curve shows how well those investments are performing over time.