To rebalance a mutual fund basket, first go to the ‘My Baskets’ page on Starfolio, as shown below.
Navigate to your invested basket, visible under the ‘Investments active’ section on the ‘My Baskets’ page. Here, click on the ‘Rebalance from Source’ button.
From here, you will be taken to the edit page, where you have the ‘Rebalance from source’ button.
This will automatically rebalance your basket based on the current stocks in the mutual fund used to create your basket. If there are any changes in stocks, your basket will be rebalanced accordingly.
After confirming the changes, a pop-up with changes in your portfolio will be shown. You can then save changes to complete the rebalancing process.
Review the changes and ensure that everything looks fine before saving your changes. With this, the basket is rebalanced and ready for Execution or Transaction. To do this, go to the Basket overview page and click on the ‘rebalance pending’ tab.
Now, click on the ‘preview’ button to view changes.
After confirming, your broker will execute the order at the available market price after you confirm.