Exit your smallcase partially
Now you can withdraw partially from your smallcase and book profits
smallcase is the easiest way to invest in stock portfolios
The experience of investing in smallcases is very similar to that in mutual funds, at the same time, also provides the flexibility to modify stocks/weights for a particular smallcase when required
Introducing another feature to help you manage your smallcase investments better — Partial Exit
Partial exit
Till now, exiting a smallcase would help you place sell orders for all the shares of stocks you hold in the smallcase & redeem the current value of the smallcase
Partial exit is the latest addition to managing your smallcase. Through this feature, you can place a sell order for a specified sum of money, that is, a portion of the total value of your smallcase. For example, if your investment is Rs. 100, you can partially exit your smallcase by placing sell orders worth Rs. 80
Removing/managing stocks vs Partial Exit
When you remove or manage stocks in a smallcase, you’re placing sell orders for individual stocks by choosing the number of shares of a particular stock you’d like to sell — hence changing the weighting scheme of the smallcase
With partial exit, you will be placing sell orders for a specific amount of the current value of your smallcase ensuring minimum deviation for the weighting scheme of your smallcase
How it works
Select Exit Type
- Upon navigating to the ‘Manage’ section for a smallcase from your investments page , an overview of all that you can do with your smallcase will be displayed
- When you select the ‘Exit’ tab, you’ll be given the option of choosing between a whole/complete exit or a partial exit
Enter partial exit amount
- The current value of your smallcase will be displayed for your reference before you can go ahead with the partial exit
- In the amount section, the maximum amount upto which you can place an order for partial exit will be auto displayed. If you have a want to exit for a lesser amount, you can input this (You can see the maximum amount upto which you can partially exit under the amount box)
- Upon entering the amount, it will be adjusted to the closest possible amount to ensure that there are minimal changes in the weighting scheme
Review & Place orders
- After you confirm the specified amount, the sell orders that will be placed will be shown as a confirmation step
- Upon placing the partial exit order, you’ll be asked to ‘Confirm’ to place the trades
Note: You can view the partial exit order for a smallcase on the Orders page as a separate batch