Introducing Performance curve on Console

Maintaining monitor of your total buying and selling or investing efficiency throughout segments like fairness supply, intraday, or F&O could be troublesome, particularly if you wish to evaluate your efficiency in opposition to benchmark indices or completely different asset lessons. To assist with this, we’ve launched Efficiency Curve on Console.

In contrast to the present account worth curve—which fluctuates if you add or withdraw funds out of your account, the efficiency curve focuses on precise account degree P&L and offers a clearer image of your buying and selling efficiency by together with each realised and unrealised income and losses.

How is the Efficiency curve generated?

We begin with a base NAV (Internet Asset Worth) of ₹1000 from January 2020 or from the date your account worth crosses ₹1000, whichever comes first. Every day, the efficiency curve updates based mostly on:

Income or losses from buying and selling (realized P&L).
Adjustments within the worth of your holdings (unrealized P&L).

To make sure there are not any sudden fluctuations if you add funds to your account, we create items utilizing the day past’s NAV to maintain the curve easy. Likewise, if you withdraw funds from the account, we scale back the items to keep away from sudden dips.

Let’s say your account worth is ₹10,000. For those who add ₹5,000 to your buying and selling account the subsequent day, the common account worth chart will present a 50% leap as the worth will increase to ₹15,000. However this isn’t precise revenue—it’s simply the added funds.

Within the efficiency curve, for a similar state of affairs, in case your account worth is ₹10,000 and the NAV is ₹1,000, you’ll have 10 items (10,000 ÷ 1,000). Whenever you add ₹5,000, we’ll create 5 new items based mostly on the day past’s NAV (5,000 ÷ 1,000). The full items will probably be 15, and the NAV will stay ₹1,000 (15,000 ÷ 15), since no revenue or loss has been made.

We’ve got additionally set guidelines to deal with company actions similar to bonuses, inventory splits, IPOs, and so forth., to make sure the account worth is correct and there are not any uncommon spikes or drops.

What’s subsequent?

The efficiency curve is at present in beta, and we are going to quickly be including primary benchmark charts to make it simple to match efficiency in opposition to related benchmarks, such because the Nifty 50 index.

You possibly can view the Efficiency Curve on the Console dashboard. Click on the drop-down arrow subsequent to ‘Fairness worth curve’ and choose ‘Portfolio Efficiency’

Notice: At the moment, the curve is in beta, so there may be some points. We’re engaged on fixing them and can announce it to a bigger viewers quickly. For those who spot any points or have suggestions, please create a ticket right here.