Why are Smallcase and Kite holdings not matching once the filters are applied?

All stock filters on Kite display all holdings, regardless of whether they were purchased on Kite or through Smallcase. The average price is calculated using the FIFO method. To learn more, see How is the buy average calculated in Console?

However, disparities between Smallcase and Kite holdings after applying the filters may arise due to the following reasons:

• Calculation of Average Buy Price (ABP): The disparities between Kite and Smallcase holdings may arise from variances in the calculation method for Average Buy Price (ABP) of stocks. Kite employs the FIFO (first-in, first-out) method for tax purposes, while Smallcases adopt a simple average method for greater accuracy.
• Stocks in Smallcases sold directly on Kite: When selling stocks in Smallcases directly on Kite, the updates may not reflect in the Smallcase account, leading to a mismatch in holdings and returns. In such cases, contact the Smallcase team for assistance at [email protected].
• Corporate Action: If a stock undergoes a Corporate Action (CA) such as a bonus or split, the Smallcase platform immediately reflects the updated holdings. However, it usually takes around 15 days for the bonus shares to be credited to the Zerodha account.

Did you know?

• Clients can use the tagging feature on Console to track or distinguish shares bought through Smallcases from those acquired via Kite. This allows for easy identification and monitoring of shares purchased through Smallcases. To learn more, visit zerodha.com/z-connect/console/tagging-on-console-trading-journal-tracking-goals.
• The dividend units for liquidbees bought via smallcase are displayed under Kite holdings.