Where it is

ScreenPortfolioBasic

Top up in the portfolio action bar (Dashboard, then Open). Basic and Advanced.

What it means

Top up takes a one time amount and buys the current holdings in proportion, so the portfolio keeps its mix. The sheet shows the minimum to add so every stock gets its share; a smaller amount can leave some stocks with no share. A Live top up asks for your consent before any order.

The formula

Each holding gets the amount times its weight. The minimum is enough to buy one share of the costliest stock for every stock in a sleeve, scaled by the sleeve's weight, plus 2 percent, rounded up to Rs 1,000.

As computed in the RupeeCase app
Each holding gets amount x its weight
Minimum to add = per sleeve, stocks x highest price / sleeve weight; the largest of these, plus 2%, rounded up to Rs 1,000

Worked example

Example only

  • 20 stocks, highest price Rs 3,000, sleeve weight 80%
  • 20 x 3,000 = 60,000; 60,000 / 0.8 = 75,000
  • Plus 2%: 76,500, rounded up to Rs 77,000

How to read it

  • The Use button fills in the minimum.
  • Proportional means the mix stays as it is: nothing is sold.
  • The new money shows in Invested and on the Ledger as Money added.

Watch out

  • A Live top up places real orders at your broker after your consent.
  • Below the minimum, some stocks may get no share.
  • A top up buys the current holdings; it does not rebalance them.

Transcript

The video has no sound. These are its on screen captions, chapter by chapter.

  1. 0:00Where it is. Top up adds new money to a portfolio.
  2. 0:06What it means. The sheet shows the minimum to add, so every stock gets its share.
  3. 0:29Worked example. Worked example, example only: 20 stocks, highest price Rs 3,000, sleeve weight 80%. 20 x 3,000 = 60,000; 60,000 / 0.8 = 75,000. Plus 2%: 76,500, rounded up to Rs 77,000.
  4. 0:35How to read it. How to read it: The Use button fills in the minimum. Proportional means the mix stays as it is: nothing is sold. The new money shows in Invested and on the Ledger as Money added.
  5. 0:41Watch out. Watch out: A Live top up places real orders at your broker after your consent. Below the minimum, some stocks may get no share. A top up buys the current holdings; it does not rebalance them.

Terms in this tutorial

  • lump sumInvesting the entire amount at once, opposite of SIP.
  • SIPSystematic Investment Plan.
  • rebalancingPeriodic reset of portfolio holdings back to target weights or a new selection.

Learn it in depth