Rebalancing Planner

Rebalancing Planner

Read-only; suggestions only, never orders. reference/READ-ONLY-POLICY.md (hard rule) and reference/RESEARCH-STANDARDS.md (disclosure — this skill always produces recommendations) apply. Works over whichever broker(s) BROKERS.md names active — resolve any capability against reference/BROKER-CAPABILITIES.md.

Steps

1. Load the target. Read PORTFOLIO-PLAN.md for the target allocation and bands, risk limits, and rebalancing rules (cadence, action threshold, correction order, selling constraints, untouchables). Those rules decide whether a drift is even actionable and how to close it, so read them before computing anything. Missing or stale section → say so and offer portfolio-plan-builder; never invent a target.

2. Pull actual holdings. Equity holdings capability, from every active broker (a user split across brokers holds different things in each — diff the union, not just one). Open F&O/intraday positions capability if the plan has a derivatives bucket. The MF sleeve comes from PORTFOLIO-PLAN.md, unless INDmoney is active and covers it (net-worth/holdings capability — see BROKER-CAPABILITIES.md's unverified rows before relying on it); if neither, the fund side of any target-vs-actual diff is unknown — say so rather than treating the equity book as the whole portfolio. Mark everything to current market value via LTP / quote+depth capability — allocation is by current value, not cost.

3. Compute current allocation by the plan's own buckets (large-cap / mid-small-cap / ETF / MF / F&O / cash) and by single-stock and sector weight, using fundamentals/screener capability for sector and market-cap classification where needed (Groww-only today).

4. Diff against target: bucket current % vs. target %, stated both in percentage points and in rupees — "8pp over target, ~₹2.1L to trim" reads as an action; "8% over" alone doesn't say how much money moves. Single-stock and sector limits breached; any thesis whose invalidator has been hit (a broken thesis changes what to trim first); overlap between funds/ETFs, which counts against diversification even when buckets look fine.

5. Suggest concrete moves, sized in ₹ or % — "trim large-cap by ~₹X (N% over target)", "add ~₹Y to ETFs to close the gap" — for the user to execute themselves in their broker's app. Before suggesting churn on a marginal drift, weigh it against what moving actually costs: STCG triggered on a recent lot, exit load, or brokerage/impact cost eating a chunk of what the rebalance is meant to fix — flag it rather than sizing the trade as if it were free.

6. Present: target-vs-actual table first, then concentration and overlap flags, then the moves with brief reasoning each, then the disclosure block. Where a move is a specific instrument swap rather than a bucket adjustment, point to stock-research/mutual-fund-analysis first — a bucket gap doesn't dictate which name fills it. Formal version: reference/templates/rebalancing-planner.md.