Though tracking all your shares might be challenging, investing in the stock market is fascinating. Many investors so make use of a stock portfolio tracker. It clarifies for you what is occurring with your one-place investments, free from doubt.
Explain a stock portfolio tracker.
A stock portfolio tracker is a device or program allowing you to view all of your stocks and assets concurrently. It displays real-time current pricing, profit or loss you have generated, and more.
Simply said, it serves as your digital investing journal.
Why would one want a stock portfolio tracker?
If you purchase stocks from several firms or via several platforms, you must have simple management method. A stock portfolio tracker serves you in:
- See all of your stocks together in one location.
- Track daily changes in loss and gain.
- Get updates regarding changes in prices.
- Find out how your portfolio is doing generally.
- Decisions should be made better without speculation.
Best Trackers of Stock Portfolios in India
Many applications designed for Indian investors
Among the rather popular choices are:
- Groww
- Zero-based Kite
- Money Control
- Et Markets
- Indmoney
- Kuvera
These tools help Indian equities, mutual funds, and occasionally foreign investments.
When selecting a stock portfolio tracker, consider the following:
- Simple interface for usage
- Instant updates
- Support for NSE, BSE Indian stock exchanges
- Notes and alerts
- Tax report or capital gains tracker
- Access from PC and mobile devices
How to Get Started Using One
Using a stock portfolio tracker makes starting simple.
- Get the app or launch the website.
- Start an account.
- Manual addition of your stocks or link your demat account
- Configure preferences or alarms.
- Check updates on a frequent basis.
Last Thoughts
A decent stock portfolio tracker helps to smooth out your investing path. It saves time, lessens anxiety, and keeps you current. Using a tracker makes sense regardless of your level of experience or stock count.