Partially Exiting Your smallcases

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.

Here’s a feature to help you manage your smallcase investments better – Partial Exit.

Partial exit

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 particular stocks 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

Explore smallcases, click here to go to smallcase page