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.
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