I see stocks in negative quantity in my Portfolio

Why do I see negative quantity in my Portfolio?

The Axis Direct portfolio gets updated in T+1 day for most of the transactions done by our customers, however, if you have obtained shares due the following reasons, we request you to place a manual entry to update the portfolio:

1) For Shares received through Employee Stock Options (ESOPs)

2) IPOs applied through external sources

3) Changes in stock quantity due to the following Corporate Actions:

        a. Delisting

        b. Rights issue

4) For NRI clients – For shares transferred from your PIS to your Non-PIS account or vice versa, please Contact us to update the details in the portfolio

If you have not placed a manual entry in the Portfolio, the quantity is not updated in the portfolio if you acquire/make changes to the stock quantity due to above mentioned activities. This results in a negative entry because the correct quantity as per your Demat was not updated in the portfolio.

To correct this, we request you to update a manual BUY entry in the Portfolio, Click Here to know the process to add a manual entry in the portfolio.