Every smallcase is reviewed & updated on a regular basis (mostly quarterly) to ensure the constituents of the smallcase continue to reflect the underlying idea/ strategy. During rebalancing, the constituents of the smallcase and the weighting scheme are revised as per the underlying idea/ strategy.
Note: Created and customized smallcases will not receive rebalance updates. You must monitor your smallcase and rebalance it from time to time.
The smallcases created by the research team are rebalanced to keep up with the theme they’re intended to follow.
Rebalance updates aren't applied automatically. When a smallcase you hold is rebalanced, you receive a rebalance update with which you can view and apply the changes made & update your smallcase (by buying/ selling the required stocks) in 2 clicks. You can also edit the changes before applying the update or skip the update altogether.
When you receive a rebalancing update for a smallcase, you can choose to apply the update or ignore it.
When a smallcase you hold has been rebalanced, you receive a Rebalance Update notification for the same via email.
There are no convenience charges for rebalancing your smallcases.