Why is my average rate after a bonus issue/stock split incorrect?

Generally, the average rate is automatically updated after the ex-date of a bonus issue/stock split if there are trades in your account.

However, if there are no trades in your account, the average rate shown may be incorrect. In this case, you will be required to update it via MyGeojit.

Step 1. Log in to MyGeojit and go to Statements

Step 2. Select P&L for the Period

Step 3. Select the segment you wish to update the average rate (in this case Cash)

Step 4. Click Recalculate average rate > Ok

The correct rate will reflect in your Portfolio from the next trading day.

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