How is Networth shown in App

1

hi team ,

What is the amount which is shown under Networth in dhan app.

Does it consider EQ , ETF and F&O premium recieved .

Pls let know how is the amount arrived at

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2

Hi @pavz

The Net worth includes the investment amount (EQ, ETFs) + total funds.

For example :- Current Portfolio Value 10,000 + Opening Cash Balance 20,000 + Open Position (If any) = Net worth 30,000

Networth does not include F&O premium.

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3

Hope your query is resolved @pavz .

Keep contributing to the Dhan community :smile:

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6

@Divyesh can you please explain to me how my net worth is calculated and shown. Your above formula doesn’t seem to work for me.

Screenshot_20230504-182634-991
Screenshot_20230504-182634-9911080Ă—2183 176 KB

Screenshot_20230504-182714-105
Screenshot_20230504-182714-1051080Ă—2352 172 KB

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7

I think it’s buggy, never worked for me as well.

8

Yes there is a bug here… @Dhan_Help @Divyesh @PravinJ pls fix. Now my networth suddenly spiked

Screenshot_20230504-220001-771
Screenshot_20230504-220001-7711039Ă—2139 232 KB

9

Hi @t7support

We are having this checked with our team and keep you posted soon.

10

K thank you @Divyesh.

11

Hi @t7support

Here is the calculation for your 1st screenshot.

Current Portfolio Value 30,05,000.00

  • Opening Cash Balance 00.00
  • Open Position Margin used (If any) 42,44,569.75
  • Open Position P&L(if any) 4,63,721.24

= Net worth 77,13,290.99

2nd Screenshot

Current Portfolio Value 30,05,000.00

  • Opening Cash Balance 00.00
  • Open Position Margin used (If any) 52,88,720.75
  • Open Position P&L(if any) 5,54,561.24

= Net worth 88,48,281.99

“Money in Dhan account” in your case is the amount received against collateral, and hence not considered for Networth (since already considered in Portfolio value).

Hope this clarifies :slightly_smiling_face:

12

The formula needs to be revised. 92% of the portfolio value is pledged. A significant part of the margin used comes from the pledged margin. So adding everything just gives incorrect fictitious net worth.

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13

@Divyesh problem is not fixed yet. I think correct formula would be

Net worth = opening cash balance + portfolio realtime value +/- realised pnl + net realtime open position value (intraday stocks & intraday / NRML long options) +/- net realtime pnl (futures and short options)

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