Few months back I wrote, post about MPROFIT, a product for personalized portfolio management which is desktop based. In simple terms, this is solution for retail investors to manage/track their transactions across many different types of asset class. It simplifies many of the mundane tasks of portfolio tracking. Some of the highlights are:

• Manage an unlimited number of individual and group portfolios:  This is good for all do-it-yourself investors. Almost all of us tend to manage different types of assets/buckets/type of portfolio.
• Manage assets like Stocks, MFs, ETFs, ULIPs, Insurance Policies, Private Equity, FDs, Bonds, PPF, Gold, Silver, Property, Art and many more…
• Online update of BSE stock prices, Mutual Fund NAVs and ETFs – I like this one
• Track income received from investments – I love this one
• Annualised Returns (XIRR) report – My favorite feature because I believe this has much more relevance in personal investing. CAGRs are nothing but mathematical jugglery.
• Online update for newly listed stocks, mutual funds, ETFs and company name changes
• All your financial data is saved locally on your computer – My preferred choice, I like my personal financial stuff in my own computer, especially in Indian context.

In addition, I like that team at MPROFIT listens to its customers. It keeps adding features that customers are looking for and makes more sense to individuals like us. The most recent update (v5.0) has added capability with different methods of “data importing”. Different ways to import data are: Continue reading rest of this article…