The last quarter was a busy one for us at Zerodha, and we launched several cool features. We have collated all these updates in this post in case you missed any. Going forward, we’ll post one such update every quarter.
Feature updates
Online minor account opening
Helping parents save and invest in a simple and easy way for their kids’ future has long been on our to-do list. We recently made it possible to open an account for your kid entirely online and invest in stocks, mutual funds, and bonds together with them. We also made minor account opening free and waived the annual maintenance charges (AMC).Learn more.
Quick order window on Kite
We’ve introduced a new simplified order window on Kite with which you can buy and sell anything in just 2 clicks. All you need to enter is the amount you want to invest or the number of shares you want to buy.
For example, if you want to buy ₹10,000 worth of Zerodha LIQUIDCASE ETF quickly, you can just type ₹10,000 instead of calculating the quantity.
You can toggle between quantity and lots for futures and options (F&O). You don’t have to calculate anything manually when trading large quantities.
The quick order window is live on Kite Web and will soon be available on Kite app.Learn more.
National Pension Scheme (NPS)
Over the 13 years of Zerodha, our mission has naturally evolved from just providing traders and investors with the best tools to helping them do better with their money. A big aspect of that mission is to help people prepare for their retirement. We’re happy to announce that NPS is now live on Coin.
NPS is a brilliant option for saving for your retirement because it forces you to invest in a diversified portfolio of equities and debt by default. It’s also one of the cheapest investment options out there and tax-efficient. Since NPS is a product aimed at helping people prepare for retirement, it comes with a lock-in, so it forces you to be disciplined.Learn more.
Gift Nifty on Kite
You can now track Gift Nifty on Kite by searching for Gift Nifty.Gift Nifty is a futures contract based on the Nifty 50 index that trades at the NSE International Exchange for 20 hours. This contract is a popular way for traders to see the potential impact of overnight and early morning global events on Nifty.
You can also bookmarkthis page.
Day’s high-low bar on the Kite app
The High-Low bar gives you a visual representation of where the stock is trading compared to the day’s high and low prices.Learn more.
Investing in government bonds is now free.
To encourage greater participation in Government Bonds (G-Secs), Treasury Bills (T-Bills), Sovereign Green Bonds (SGrB), and State Development Loans (SDLs), we are waiving the 0.06% brokerage fee beginning March 1, 2024.Learn more.
Instant withdrawals
You can now withdraw up to ₹25,000 per day instantly from your Zerodha account. We are working on increasing this limit.Learn more.
Backend revamp that helps deliver contract notes much faster
After a recent backend revamp, we delivered 1.5+ million PDF e-mail contract notes in less than 25 minutes at the end of the trading day. You can learn more about thishere.
Updates from the extended Zerodha ecosystem
We have an entire universe of products from companies with whom we have partnered through Rainmatter, and here are their latest updates.
Timeline and Stock Insights by Tijori
If you invest in stocks, there’s no easy way for you to figure out all the events and developments that are affecting your investments. You have to check multiple websites and applications to understand what’s happening. To make it easy for investors to get all updates about their investments in one place, we introduced a feature called Timeline powered by Tijori on Console.
The timeline is a chronological feed of key events and developments related to the stocks in your portfolio. Instead of switching between trading platforms, exchange websites, and other apps to figure out what’s happening to your investments, you can see everything in one place. Check out this video for more.Learn more.
Unlimited access to Streak
With Streak, you create, backtest, and deploy trading strategies based on technical analysis. The best part is that you don’t need any coding skills to create strategies.Streak Unlimitedis now accessible to all Zerodha users.
In addition to backtesting, you can
- Run scanners
- Explore over 150+ prebuilt trading strategies.
- Deploy trading strategies virtually to test performance before trading them in live markets.
Learn more.
Sensibull
Sensibull has added several new cool features, such as a revamped FII/DII data page, a new strategy builder, and auto-ATM straddle charts. Learn more.
Updates on all the educational content we’ve published recently
Varsity Junior
Since day 1 of Zerodha, we’ve put in considerable effort to educate Indians about finance through Varsity, Z-Connect, etc. In this journey, we realised that while a lot of people are trying to educate adults, children are often ignored. Nithin often says that India can only do well if wealth is created at home. For that to happen, young Indians have to be taught about money from a young age.
It’s with this objective that we launched Varsity Junior—a series of animated stories based on the lives of a group of young kids in a small Indian village. Each episode has an important lesson about money. We have published three episodes so far, and the response has been incredibly heartening. We published the third episode recently. Watch ithere.
The all-new Z-Connect
We’ve revampedZ-Connect to showcase all the content we publish about Zerodha’s products, trading, investing, and markets in one place. You’ll now see:
- Updates about Zerodha and all the products
- Subtext: A new blog we are starting to explore the underappreciated aspects of markets and the global economy.
- Varsity blog: Perspectives on trading and investing from the Varsity team and other experts.
We’ve also added a new page calledUpdatesfor you to keep track of all the updates that we publish across our websites, social media channels, etc.
Zero1 by Zerodha
We are also publishing some really cool videos on the common mistakes people make with their money, scams that people fall for, and more. Check them outhere.
Updates on Zerodha Fund House
After the Zerodha Nifty LargeMidcap 250 Index Fund, we launched a liquid ETF and a gold ETF.
Zerodha Liquid ETF (LIQUIDCASE)
This is India’s first liquid ETF with a growth NAV. All the existing liquid ETFs have a constant NAV, and the returns are in the form of dividends. The problem is that these dividends are in the form of fractional units and are hard to sell, which also makes calculating your investment returns difficult. Also, the existing liquid ETFs are relatively tax-inefficient compared to the Zerodha Liquid ETF.
Zerodha Gold ETF (GOLDCASE)
This ETF is a low-cost option to exposure to gold.
Learn more about Zerodha fundshere.
Loan against shares (LAS) by Zerodha Capital
Most people don’t realise that they pay 20% on personal loans and 36% on credit cards, and they end up defaulting and ruining their credit score. We started Zerodha Capital to help people get secured loans at lower interest rates compared to personal loans and credit cards and rebuild their credit score.Learn more.
