Model portfolio consists of set of stocks in a specific proportion as recommended by AxisDirect Research team. There are 3 model portfolios created which are suitable to three risk profiles namely Conservative, Balanced and Aggressive. You can opt to invest in the model portfolio suiting your risk profile.

Your risk profile helps you understand how much risk you should take to achieve your financial goals. It can be determined by answering 6 simple questions by clicking here.

All three model portfolios are present in smallcase section as individual smallcases wherein you just need to mention the amount that you wish to invest and next steps can be done within just 3 clicks. You will not need to place multiple orders. You can also Click on the below links to proceed for investment

You should invest in model Portfolio through smallcase as

• You can invest in all stocks in one click
• By investing through smallcase, minimum brokerage condition will be waived off on trades in individual stock which are constituents of model portfolios.
• You can easily track performance of the model portfolio investment

As an introductory offer, you do not have to pay any additional charges for investing in Model Portfolio apart from the regular charges (brokerage, GST, STT, stamp duty, SEBI fees and Exchange transaction charges) that you pay on your equity trades and minimum brokerage condition is also waived off for your trades done through smallcase.

You can invest in selected stocks in the model portfolio through smallcase by using ‘Customize’ option which is available under ‘Stocks and weights’ tab of model portfolio snapshot. You can simply click on cross button on the right side of the stock card to remove the unwanted stocks before placing your buy order for the model portfolio.

smallcases are a new way to invest in stocks. A smallcase is an intelligently weighted basket of upto 20 stocks that reflects a theme, idea or strategy.

You can choose a smallcase based on a theme that you are positive on, invest in it in 3 clicks and track & manage multiple portfolios seamlessly.

smallcases aren't a means of recommending or advising investors. Choosing a smallcase is up to each individual. 

By investing in smallcase,

• You are investing in well researched stocks
• Your portfolio is diversified as you are investing a basket of stocks rather than an individual stock
• You get guidance from our experts for rebalancing your portfolio (i.e. replacing few stocks by others) during the tenure of investment and our experts will also ask you to exit when the expected returns are achieved
• You can invest in whole basket at a click of button
• You can track performance of all smallcases at basket level as well as stock level
• You are regularly updated with news and movements of the stocks you invested in through smallcase

Smallcases are the simplest way to invest in stocks. Through smallcase, you can invest in relatable themes that are easy to understand. Each smallcase comes with a set of quality stocks (backed by strong research) that reflect a theme or idea, so you can directly invest into them in 3 clicks.

Further, since smallcases are diversified portfolios, there's minimal stock specific risk. Through smallcases, you can take the first step and invest into ideas that you believe in.

Unlike mutual funds, smallcases provide you exposure to trending market themes (GST, Rising rural demand), models (zero debt, dividend stars) or investing styles (suitable to your profile)

Also, smallcases are liquid, inexpensive & are centered around relatable themes, so you know what you're putting your money in.

There are no lock-in periods or hidden costs - thereby giving you full flexibility and transparency over your investments.

Currently 9 model based smallcases, 3 profile based and 8 theme based smallcases are available for investment.

Currently you can invest in smallcases only from AxisDirect Portal at below path:-
Investing > Equity smallcase

On other platforms like Mobile Application and DIRECTTrade and other channel like Call & Trade this feature is currently not available.

Based on the prices of each stock in a smallcase, and their prescribed weights, a minimum investment amount is calculated that allows you to buy all stocks at the closest weights.

You can also increase the amount you want to invest in that smallcase by entering a greater number, and confirming to get the closest amount that gives you the right weighting scheme.

The minimum amount for each smallcase is different & changes in real-time - you can see the current minimum investment amount on the individual smallcase page as well 'Discover' page where all the smallcases are listed.

You can also filter smallcases by their Minimum Investment Amount on the Discover page.

No, with smallcases - you're essentially buying stocks which are exposed to market risks. Investing in market instruments involves risks and investments may lose value

Also, the returns shown for smallcases are the historical returns. smallcases don't have any projected returns shown. Past performance does not guarantee future returns

All information present on the platform is to help investors in their decision making process and should not be considered as a recommendation or solicitation of an investment or investment strategy. Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investors should understand that their investment decisions are based on personal investment needs and risk tolerance, and performance information available on the platform is one among many other things that should be considered while making an investment decision

The index value of a smallcase indicates the absolute price returns of that particular smallcase from the date of its inception. The index value is set to 100 on the inception date of the smallcase.

The current index value shows by how much it has gone up since then. For example, the index value 158.11 indicates that the smallcase has given a total return of 58.11% since inception. You can also view the daily increase or decrease in the index value.

For the smallcases in the Discover section (the ones you haven't bought), the index values are updated on an hourly basis

To maintain accuracy, the index values of the smallcases in your investments (the ones you have bought), are updated on a real time basis

As an introductory offer, you do not have to pay any additional charges for investing in smallcases apart from the regular charges (brokerage, GST, STT, stamp duty, SEBI fees and Exchange transaction charges) that you pay on your equity trades and minimum brokerage condition is also waived off for your trades done through smallcase.

Sure, you can buy the individual stocks on the AxisDirect interface.

Other than the time taken to punch in 15-20 individual orders to buy it, you will not be able to track & manage your smallcase like a portfolio.
For example, if you have to rebalance the weighting scheme of your smallcase, you will have to calculate what's the allocation required and buy/sell some stocks individually through the AxisDirect interface.

Also, each smallcase is reviewed every quarter and a rebalance update is sent out based on the changes that are made. You miss out on that if you buy smallcase stocks elsewhere.

With smallcases, you're investing in a basket of stocks, so there are no guaranteed returns. All returns shown on the platform are the past returns and there are no projections made on what returns you can expect. The returns for any smallcase would depend on how the underlying theme/idea plays out. 

There are no lock-in periods for smallcases, so you may sell your investments at any time. However, smallcases work best when used for long-term investing. There are no recommendations provided on when to buy or sell a particular smallcase. It's upto each investor to decide which theme will work and when to buy or sell

For smallcases, the stock selection for a theme is a result of well documented research processes and it's ensured that the selected stocks aptly represent the particular theme. Sometimes markets over/under-react to events in the short term which should auto-correct with time. You might make more profit by selling before an event or after.
You would be notified when the theme of a smallcase you hold has completely played out or factors driving a particular idea/model have changed

In 3 steps, you can create your smallcase and invest in it immediately

1. Select your stocks & organize them by segments

   A smallcase is a weighted list of upto 20 stocks
   Get started with adding a stock, and use the Stocks Suggestions\ to see more 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 to weight your smallcase (more on weighting a portfolio here)

   Else, 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 smallcaseThis minimum amount ensures you’re buying the stocks with the weights you have allocated

3. See the past performance of your created smallcase & buy it instantly

   After adding stocks and assigning weights – click on the Performance tab at the right to view how the smallcase would have performed in the last 1 year with respect to the general market (Nifty)

   Once you are happy with the stocks, weights – you can add details for your smallcase – image, name, overview and buy it immediately Or you can also 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 child's education, Europe trip, my retirement etc.

   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 20+ smallcases - change weights, add/remove stocks or shares from the prescribed constituents.

As a concept, smallcase is most effective when used as a longterm investment platform. You can buy and sell smallcases on the same day. Brokerage and other charges would be as per the intraday charges applicable to your brokerage plan.

Yes, the stocks purchased through smallcase will reflect in your Demat account on 2nd trading day after the purchase date similar to the stocks purchased from AxisDirect ‘Trading’ section on AxisDirect portal or from Mobile Application.

Yes the transaction done to purchase as well as Exit smallcase will reflect in your Portfolio on the next day of trading.

Yes your Capital Gain/Loss statement under AxisDirect Portfolio section will include the transaction done to purchase as well as Exit smallcase from next day of trading

Under smallcase Investment tab, Profit/loss arising out of buy and sell trades done in smallcase would be computed by averaging method. For e.g. If you buy a stock  @Rs 100 Quantity 5 as suggested in smallcase, later to invest more, you buy more 5 shares @Rs 110 and few months later you partially exit by selling 5 shares @ 120, you profit will be computed by considering buy price as average of 100 and 110 = 105.
Thus your profit will reflect as 5* (120- 105) = Rs 75. 

Average buy and sell prices under this tab will not be considering the brokerage and other statutory charges paid by you for the trades done through smallcase. 

However under AxisDirect Portfolio section, in Profit and Loss statement and well as Capital Gain/Loss statement, where your overall profit and loss will be computed, brokerage and other statutory charges paid by you for the trades done through smallcasewill be considered. 

Please note, objective of Investments tab under smallcase feature is just to reflect the Performance of the smallcase and should not be considered for reporting Capital Gains/loss.

No, average purchase cost which reflects under smallcase > investments section does not include the brokerage. Hence the total as well as individual smallcase wise returns reflecting under smallcase tab will be excluding the brokerage and other statutory charges born by you.
For exact profit and loss details, you should refer to Profit and Loss statement and Capital gain/loss statement under AxisDirect Portfolio tab.

Rebalancing is the process of periodically reviewing and updating the constituents of a smallcase. You can see the next expected update date on the smallcase page under the Stocks & Weights tab

This is done to ensure the stocks & weights in the smallcase continue to reflect the underlying theme and model

When a smallcase you hold has been rebalanced, you receive a Rebalance Update notification for the same via e-mail

You can now see the changes made by the update, make changes if you wish to and then apply them.

Rebalance updates are not applied automatically. You would be notified via email when a smallcase you have invested in has a rebalance update available. You can review the changes and apply the update in 2 clicks.

Rebalance Updates are to be applied manually after reviewing them. When a smallcase you hold is rebalanced, you would receive on email notification and the rebalance update would also be visible under 'Pending Actions' on your dashboard

Clicking on the update opens up the rebalance window. Here, you can view the stocks that are being added, stocks that are being removed and stocks that remain unchanged.

You can also edit the rebalance update and make changes to it if you wish to. (Not recommended for beginners) or skip the rebalance update altogether.

Customizing or skipping a rebalance update may cause your smallcase to no longer match the theme, thereby affecting the returns as well.

When you receive a rebalancing update for a smallcase, you can choose to apply the update or ignore it

The update is issued to make changes to your smallcase to ensure that the stocks are in accordance with the theme. If you choose to ignore it, the current stocks and weights will be retained

However, please note that some of the stocks in the smallcase may no longer follow the intended theme if you ignore the rebalance update

Created and customized smallcases would not receive rebalance updates.

The smallcases created by the research team are rebalanced in order to keep up with the theme they’re intended to follow

So, if you create your own smallcase by picking stocks and assigning weights to them or customize your smallcase by altering the stocks & weights prior to investing in it, you will have to monitor your smallcase and rebalance it from time to time.

From 20 smallcases available to invest, you can shortlist the ones which you find interesting and rather than searching for these in the list of 20, you can simply click on ‘Add to watchlist’ under the respective smallcase. After this, you can directly visit Watchlist tab to view only your shortlisted smallcases directly. You will also be able to view updates and news related to your Watchlist in dashboard on smallcase section.

As smallcase is a portfolio of stocks and the whole portfolio has to be purchased in one go, the orders are set to be market orders. As all the stocks which are constituents of smallcase are liquid stocks, the market orders will definitely get traded in NSE.
Adding IOC (immediate or cancelled) tag to them is just to further ensure that in case a market order doesn’t get traded, it doesn’t become a limit order; it rather gets cancelled if it doesn’t get traded immediately. Thus within few seconds of placing a buy order for the whole smallcase, all the orders are either traded or cancelled and for all cancelled orders, you can immediately place a repair order. (It will be a very rare scenario)

No you do not need to place ‘hold fund’ request before purchasing smallcase. When you place your buy order for smallcase, required funds will be automatically held from your bank account linked to AxisDirect account.

No you do not need to place ‘hold share’ request before exiting smallcase. When you place your sell order for smallcase, required shares will be automatically held from your Demat account linked to AxisDirect account.

When the required returns are achieved for a smallcase, you will receive an email to sell all the shares purchased as a part of smallcase. This activity is called as ‘exiting’ the smallcase.

Under Discover tab > all smallcases, the smallcases are listed by default in the decreasing order of 1 Year returns generated. You can change the sort criterion to min amount – low to high to view the smallcases in the increasing order of the minimum investment amount required.

Under Discover tab > all smallcases, the smallcases are listed by default in the decreasing order of 1 Year returns generated. Hence you will be able to see the top performer along with the return value at top in the list.