Why aren’t my Smallcase and Kite holdings matching once I apply filters?
All stock filters on Kite show all holdings irrespective of whether they have been bought on Kite or on Smallcase. The average price is calculated based on the FIFO method.
There are a few cases where you may see mismatches after applying filters on the holdings page.
A. Difference in the method of calculating Average Buy Price (ABP) of the stock:
On Kite, the ABP is calculated using FIFO (first-in, first-out) for tax purposes. On Smallcases, the simple average method is used for accuracy purposes.
B. Stocks in Smallcases sold directly on Kite:
When you sell stocks in your Smallcases directly on Kite, it doesn't get updated in your Smallcase. Hence, this causes a mismatch in your holdings and returns. In this case, you are required to contact the Smallcase team at [email protected]
C. Corporate Action:
If a stock undergoes a Corporate Action (Bonus, Split, etc), the holdings are shown immediately on your Smallcases. However, it generally takes 15 days for the bonus shares to credit to your Zerodha demat account.
If you notice any discrepancy in the filtered list, you can refer to the Smallcase platform for the stocks purchased on the Smallcase platform.
We also have the Tagging feature on Console, where the shares purchased using Smallcase can be tagged and viewed on Console. Know more about Tagging here .