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    How is the average price of stocks determined in Portfolio as per FIFO method?

    The price of stocks is determined based on the FIFO (First In First Out) method in Portfolio. The FIFO method is applicable in Cash (Delivery) segment and MTF. In case of Intraday, since the shares are bought and sold on the same day, the position is squared immediately.

    The FIFO method assumes that the stocks that were purchased first are sold first. Consequently, the stocks that are purchased later are sold later.

    Example:

    Mr. A purchased shares of TATAMOTORS on the following dates:

    Average Price = 4750/300 = 15.83333

    Now, suppose Mr. A performs a sell transaction as follows:

    The calculation of the average price of the remaining shares in Portfolio as per FIFO is shown in the table below:

    Now, the average price = 3300/170 = 19.41176

    Why are my MTF shares not shown in Demat Holdings on ICICI Direct? How do I add shares to my Portfolio? How can I transfer shares bought on another broking platform to my ICICI Direct demat account? Why is there a sudden drop in the P&L on my shares in Portfolio? How is the calculation of Profit and Loss done in the Portfolio? Why is the quantity of shares in my Demat account not matching the quantity in my Portfolio? Can I manually add and edit entries on Portfolio? Will my manual entries have an impact on my Capital gains or P&L statement? What is the difference between Portfolio page and Demat Holdings page? How do I add or modify the transactions in my Stocks Portfolio? How can I see corporate action entries (Split/Bonus/Merger/Demerger) in my Portfolio? Can I see the details of the stock that I held in the past but do not hold today? How is the computation of “Qty held for more than 1 year” done? Why are the demerger shares I received reflecting under my Demat Holdings but not in my Portfolio? Why have I not received split or bonus shares in my Portfolio? How are intraday transactions (Buy/Sell) treated in Capital Gains? Why am I not able to add shares in my Portfolio? How to allocate shares in Demat Holdings? How to update cost price in Portfolio?