Guides
A growing collection of how-to guides and reference notes.
- Allotment time for SDL / T-Bills / G-Secs
When you bid for SDL, T-Bills or G-Secs through Zerodha, allotment timing follows the RBI auction settlement schedule. Explains the timeline.
- Algo trading with Kite Connect
Algorithmic trading on Indian markets via Kite Connect API. Covers strategy building, execution flow, and SEBI compliance for retail algos.
- Additional margins blocked for existing long options
Sometimes additional margin is blocked for existing long option positions. Explains the scenarios and how to resolve.
- Additional margin for selling index options
SEBI / NSE may impose additional margin on selling index options (Nifty, BankNifty, FinNifty, MidcapNifty) during heightened volatility or risk events. Explains the framework and impact.
- Absolute and percentage change from open on Kite
How Kite computes and displays the absolute and percentage change of LTP from the day's open price. Explains the field, the toggle, and how it differs from change-from-previous-close.
- 54EC bonds on Zerodha
Section 54EC capital-gains bonds (REC, PFC, NHAI) on Zerodha. Eligibility, 6-month window, and Rs 50 lakh cap.
- 52-week high and low on the Kite marketwatch
The 52-week high and 52-week low on the Kite market depth panel show the highest and lowest traded prices over the rolling past year. Explains the methodology, where it appears, and how traders use it.
- 20-level market depth on Kite
The 20-level market depth feature on Kite shows 20 bid and 20 ask levels of the NSE order book, expanding the default 5-level view. Explains availability, subscription, and use cases.
- Zerodha broking
Stub article on Zerodha as India's largest discount broker by client count, parent of Zerodha Coin and Zerodha Mutual Fund. A full encyclopedic entry is pending.
- Yes Bank AT1 writedown impact on mutual funds
In March 2020, the Reserve Bank of India's Yes Bank rescue plan included a complete writedown of Additional Tier-1 (AT1) bonds, causing Rs 8,415 crore in losses to mutual funds and other AT1 holders. Covers the AT1 instrument context, the writedown decision, the legal challenges, and the lasting impact on mutual fund investment in AT1 bonds.
- XIRR for SIPs
XIRR (Extended Internal Rate of Return) is the standard methodology for computing the annualised return on SIP-based mutual fund investments, accounting for the irregular cash-flow pattern of monthly subscriptions and a single terminal redemption value. Covers the formula, the comparison with CAGR for lump-sum investments, the Excel/Google Sheets implementation, and practical examples for Indian SIP investors.
- Whistleblower mechanisms in mutual funds
Whistleblower mechanisms enable AMC employees, distributors, or others with knowledge of regulatory violations to report concerns to SEBI or trustee companies without retaliation. Covers the framework, the SEBI Whistleblower Policy, AMC-specific channels, and the role in fraud prevention.
- Volume indicator on indices: limitations (Kite)
Reference explanation of why the volume indicator on indices (Nifty, Sensex) on Zerodha Kite is limited or zero. Covers the index-composition nature, the alternative (constituent volume), and the futures-volume option.
- Vinit Sambre
Vinit Sambre is Head of Equities at DSP Asset Managers and a prominent small-cap and mid-cap equity manager. Covers career, fund management approach, and industry contribution within the Indian mutual fund landscape.
- Video KYC for mutual funds
Video KYC enables mutual fund investors to complete KYC via a real-time video call with an authorised agent rather than physical document submission. Covers the framework introduced post-2020, the operational mechanics, and the role in expanding higher-value onboarding without physical-presence friction.
- Vetri Subramaniam
Vetri Subramaniam is Chief Investment Officer of UTI Asset Management. Covers career, fund management approach, and industry contribution within the Indian mutual fund landscape.
- US/Canada FATCA-restricted mutual fund investing
US and Canada-resident Non-Resident Indians (NRIs) face restrictions on Indian mutual fund investing due to FATCA (Foreign Account Tax Compliance Act) and related compliance burdens. Covers the FATCA framework, why many AMCs refuse US/Canada residents, the few AMCs that do accept them, the alternative investment options, and the broader implications for diaspora wealth management.
- US-focused mutual fund (India)
A US-focused mutual fund is a SEBI-recognised international fund category that gives Indian investors exposure to US equity markets, typically via Fund-of-Funds structure investing in US-listed ETFs tracking the S&P 500 or Nasdaq 100. Covers the structure, the FoF vs direct-fund options, the currency exposure, the tax treatment, and leading schemes.
- UPI Auto-Pay for SIPs
UPI Auto-Pay enables mutual fund SIP debits via UPI's recurring-payment mechanism, complementing the traditional NACH mandate route. Covers the UPI Auto-Pay framework, the operational integration with direct-plan platforms, and the implications for SIP onboarding speed.
- Unit-holder rights in Indian mutual funds
Unit-holder rights in Indian mutual funds are SEBI-mandated protections covering disclosure, voting, transmission, and grievance redressal. Covers the framework, the principal rights, the 75% approval threshold for material changes, and the role of the trustee company in protecting unitholder interests.
- Unclaimed redemption and dividend in mutual funds
Unclaimed redemption and dividend proceeds occur when AMCs cannot deliver payouts to investors due to stale bank details, address changes, or investor death without heir awareness. Covers the SEBI framework for handling unclaimed amounts, the AMFI transfer to investor protection funds, and the recovery process.
- Two charts same timeframe look different (Kite)
Step-by-step explanation when two charts on the same timeframe on Zerodha Kite look different. Covers engine differences, theme differences, scale and indicator differences.
- Trigger-based investing in mutual funds
Trigger-based investing is an operational feature offered by some AMCs and direct-plan platforms allowing investors to automate transactions when specific market or scheme conditions are met. Covers the framework, common trigger types (price, NAV, percentage move), the SIP context, and the operational mechanics.
- Trail vs upfront commission in mutual funds
Trail commission is the ongoing annual fee paid by AMCs to distributors based on a percentage of AUM under their distribution, while upfront commission was a historical one-time payment at subscription. Covers the SEBI ban on upfront commissions (2018), the trail-only structure, and the implications for distributor economics.
- TradingView features missing on Kite
Reference explanation of TradingView features that are available on TradingView.com but not on the Kite-embedded TradingView Charting Library. Covers Pine Script, alerts, screener, social, and the embedded-library scope.
- Tracking error in mutual funds
Tracking error is the standard deviation of the difference between a passive mutual fund's returns and its benchmark index's returns over a given period. Covers the calculation, the relationship with tracking difference, the typical values for Indian index funds and ETFs, the causes of tracking error, and the role as a quality metric for passive scheme selection.
- TOPIX
Stub article on the Tokyo Stock Price Index (TOPIX), a broader Japanese equity benchmark covering all stocks on the Tokyo Stock Exchange First Section. A full encyclopedic entry is pending.
- Third-party charting libraries on Kite
Reference explanation of the third-party charting libraries embedded in Zerodha Kite. Covers TradingView Charting Library, ChartIQ, licensing model, and the reason Zerodha embeds external libraries rather than building in-house.
- Thematic funds in India
Thematic mutual funds are SEBI-defined equity schemes that invest in stocks across multiple sectors linked to a single investment theme (consumption, infrastructure, digital, ESG, manufacturing). Covers the SEBI categorisation framework, the distinction from sectoral funds, the typical themes available in India, the risk-return profile, leading schemes, and the role in satellite portfolio allocation.
- T30/B30 categorisation in Indian mutual funds
T30/B30 is the AMFI geographic categorisation that distinguishes the top 30 cities (T30) from beyond the top 30 cities (B30) for mutual fund distribution incentive purposes. The categorisation underlies SEBI's higher TER allowance for B30 inflows, designed to drive mutual fund penetration in smaller towns and rural India. Covers the framework, the SEBI TER concessions, and the policy intent.