Creating a smallcase can be done in just 3 steps.
1. Select your stocks & organize them by segments
A smallcase is a weighted list of up to 50 stocks. Get started with adding a stock and use the Stocks Suggestions to view other stocks in the same sector. Once you have added all your required stocks, use ‘segments’ to organize and categorize them as shown:
2. Assign a weighting scheme for these stocks, or weight them individually
You can pick between an Equi-weighted or Market Cap-weighted scheme for your smallcase. Additionally, you can assign individual weights to your stocks or even choose the number of shares for each stock.
While assigning weights, you can see the final weights/ shares for that stock along with the minimum investment amount for this smallcase. This minimum amount ensures you’re buying the stocks with the weights you have allocated. You can also switch to Shares from Weights and define the exact number of shares you want to buy.
3. See the past performance of your created smallcase & buy it instantly
After adding stocks and assigning weights - click on the Performance tab on the right (below Save Draft) to view how the smallcase would have performed in the last 1 year with respect to the general market (Equity).
Once set, you can define your smallcases details – image, name, overview and buy it immediately or you can save your smallcase for later, track it on your Drafts page and buy it whenever you feel like.
With this feature, it’s now easy to create, buy, track & manage multiple portfolios for different use-cases you may have for example: Long Term Bets, Stocks for April, Dad’s Portfolio, Kids’ education etc.
The standard Upstox charges would apply for created smallcases as well.
Note:
- You can only add NSE stocks to create/customize your smallcase.
- Your smallcase will be private and will be visible only to you.
- You can also Customize from the existing line-up of smallcases - change weights, add/remove stocks or shares from the prescribed constituents.