Moneylife Magazine recently did a feature story on the various tools available to manage your money. Moneylife is a leading personal finance magazine that was started by Debashis Basu and Sucheta Dalal, they provide excellent common sense advice about money. Sucheta Dalal is an award-winning business journalist and author of several books including “The Scam: From Harshad Mehta To Ketan Parekh”.
\nTheir latest issue, features MProfit as one of the tools investors can use to manage their portfolio. At MProfit it’s not just about using our software but also about building a community of investors who have similar goals and providing useful information to our customers.
\nCurrently, there are basic 4 categories of tools available to investors:
\n1. Watchlists – these are available on many websites and just track your stock and mutual fund holdings on a daily basis. Your financial data resides on an internet server.
\n2. Expense tracker – these websites help you manage your monthly expenses such as EMI, food, clothing, etc. Your financial data resides on an internet server.
\n3. Brokers trading platform – allows you to trade through your broker and keep track of your investments, but this requires you to always use the same broker. Some provide this online and some provide a desktop application.
\n4. Portfolio Manager – There are several online portfolio managers and several desktop applications. (MProfit fits here)
\nMProfit was created based on 3 simple points:
\n1. Easy to use
\n2. Full data security
\n3. Economically priced
\nMProfit does much more then just track your investments. Our reporting capabilities are unmatched and our unique “grouping” feature is why people love MProfit.
\nOver the next year you will see many new features added to MProfit but what we are most excited about are the plans we have around meeting our customers. We plan to have “meetups” in various cities and discuss topics such as financial planning, tax free investment options, how to save money using real world examples, etc… which we believe is what our customers really want!
Early reviews for the new MProfit beta version are in, and our users are already loving our new Cloud and Mobile applications. The below feedback has been provided by longtime MProfit client, M. Pari. We are thankful for having such a loyal & dedicated user base! “MProfit – A Great Financial Tool Today I have […]
\n","slug":"the-new-mprofit-reviewed","content":"\n\n\n\n\nEarly reviews for the new MProfit beta version are in, and our users are already loving our new Cloud and Mobile applications.
\n\n\n\n\n\n\n\nThe below feedback has been provided by longtime MProfit client, M. Pari. We are thankful for having such a loyal & dedicated user base!
\n\n\n\n\n\n\n\n“MProfit – A Great Financial Tool
\n\n\n\nToday I have downloaded the MProfit 10 in my Laptop and the App in my iPad and spent a couple of hours on exploring the various features of the App and the Reports/Charts that could be generated from Cloud.
\n\n\n\nThrough the App, now we are able to access the portfolio of the family and of members and could obtain the summary and transaction details of all assets and meaningful charts with simple touches on the screen.
\n\n\n\nIt is a wonderful milestone in MProfit for having introduced such a very user friendly App. Due care has been taken for the requirements of the users. Designing of the App has been well thought of and implemented very appreciably.
\n\n\n\nWith more than three decades of exposure as a Banker and the feel of the customer expectation, I admire your dedication to elevate the software to such an elite level and the concern you are exhibiting to the customer needs.
\n\n\n\nMProfit has become an inevitable financial life tool.
\n\n\n\nI congratulate the entire team of MProfit and extend my sincere thanks as a user.”
\n","date":"2019-05-04T16:01:53.000Z","path":"/2019/05/the-new-mprofit-reviewed/","categories":[{"name":"News","id":"ba8e13dd-b42a-585f-8bb8-44db5826c7ab"}],"featured_media":{"localFile":{"childImageSharp":{"fluid":{"aspectRatio":1.1904761904761905,"src":"/static/f963254d3def15fb50eeb27a245d6971/69585/Feature.png","srcSet":"/static/f963254d3def15fb50eeb27a245d6971/ef958/Feature.png 50w,\n/static/f963254d3def15fb50eeb27a245d6971/65e33/Feature.png 100w,\n/static/f963254d3def15fb50eeb27a245d6971/69585/Feature.png 200w,\n/static/f963254d3def15fb50eeb27a245d6971/630fb/Feature.png 300w,\n/static/f963254d3def15fb50eeb27a245d6971/497c6/Feature.png 400w,\n/static/f963254d3def15fb50eeb27a245d6971/a7bea/Feature.png 1376w","sizes":"(max-width: 200px) 100vw, 200px"}}}}}},{"node":{"title":"New MProfit Cloud & Mobile Apps","excerpt":"We are happy to announce that a new version of MProfit is now available in Beta. This new update comes packaged with the Phase 1 launch of our much awaited MProfit Cloud platform for Free & Paid Users. What this means for you: With MProfit 10, you will now be able to manage your investments […]
\n","slug":"new-mprofit-update-with-cloud-beta-release","content":"We are happy to announce that a new version of MProfit is now available in Beta. This new update comes packaged with the Phase 1 launch of our much awaited MProfit Cloud platform for Free & Paid Users.
\nWhat this means for you:
\nWith MProfit 10, you will now be able to manage your investments in MProfit, sync your data to Cloud, and view your MProfit portfolios on web browsers, mobile or tablet devices.
\nDownload MProfit 10 and start tracking your investments on MProfit Cloud immediately. By doing so, you agree to become an MProfit Beta user.
\nKey new features of MProfit 10:
\n____________
\nFor Advisors:
\n__________
\nPlease note: MProfit 10 is compatible with Windows 7 SP1, Windows 8 and Windows 10. Windows XP users will not be able to use this new version.
\nMProfit 10 & MProfit Cloud are currently available in a pre-release Beta version. Additional functionality and reports in MProfit Cloud will be rolled out in a phased manner over coming months.
\nWe are currently seeking feedback from MProfit 10 Beta users. If you have any questions or would like to request a demo for MProfit 10 & MProfit Cloud, please contact our support team at 022-40024149 or email us at support@mprofit.in.
\nOnce you download the new version, Click here to learn how to access MProfit on Cloud and Mobile.
\n","date":"2019-04-16T07:04:04.000Z","path":"/2019/04/new-mprofit-update-with-cloud-beta-release/","categories":[{"name":"News","id":"ba8e13dd-b42a-585f-8bb8-44db5826c7ab"}],"featured_media":{"localFile":{"childImageSharp":{"fluid":{"aspectRatio":1.7241379310344827,"src":"/static/f822ae17a01ca016dd22d9addffd472a/69585/ID-5-For-Homepage-5.png","srcSet":"/static/f822ae17a01ca016dd22d9addffd472a/ef958/ID-5-For-Homepage-5.png 50w,\n/static/f822ae17a01ca016dd22d9addffd472a/65e33/ID-5-For-Homepage-5.png 100w,\n/static/f822ae17a01ca016dd22d9addffd472a/69585/ID-5-For-Homepage-5.png 200w,\n/static/f822ae17a01ca016dd22d9addffd472a/630fb/ID-5-For-Homepage-5.png 300w,\n/static/f822ae17a01ca016dd22d9addffd472a/497c6/ID-5-For-Homepage-5.png 400w,\n/static/f822ae17a01ca016dd22d9addffd472a/8eab8/ID-5-For-Homepage-5.png 1336w","sizes":"(max-width: 200px) 100vw, 200px"}}}}}},{"node":{"title":"MProfit makes Portfolio Management simple for Zerodha clients","excerpt":"A pioneer of the “discount broking” model in India, Zerodha has established itself as India’s biggest stock broker by active retail clients, and the biggest by trading volumes on India’s top stock exchanges. Over 1 million clients actively trade with Zerodha every day, contributing to over 10% of Indian retail trading volume. Differentiated by its […]
\n","slug":"mprofit-makes-portfolio-management-simple-for-zerodha-clients","content":"A pioneer of the “discount broking” model in India, Zerodha has established itself as India’s biggest stock broker by active retail clients, and the biggest by trading volumes on India’s top stock exchanges. Over 1 million clients actively trade with Zerodha every day, contributing to over 10% of Indian retail trading volume.
\nDifferentiated by its unique offering of sleek and intuitive trading tools, Zerodha has played an important part in transforming the brokerage industry in India. Zerodha’s “discount brokerage” model exempts clients from broking charges on equity investments. Further, it offers a flat fee of Rs. 20 on intraday and F&O trades.
\nMProfit can attest, better than anyone, that Zerodha has become an important member of the Indian financial markets ecosystem. Our daily interactions with current MProfit clients provide us a with good reading of how popular Zerodha is with investors today.
\nSimilar to MProfit, Zerodha places emphasis on robust customer support and user feedback. We have learned this first-hand from our recent interactions with Zerodha to collaboratively resolve data import roadblocks for our mutual clients. At MProfit, we have worked hard to incorporate support for various kinds of Zerodha trade files in our platform. Our mutual clients with Zerodha can thus easily import their transaction data into MProfit to obtain a seamless portfolio management experience.
\nCurrently, MProfit provides full import support for Zerodha transaction statements across Stocks, F&O, Commodities (MCX), Currencies and Mutual Funds. Transaction statements supported by MProfit include Daily Digital Contract Notes received via email, PDF Contract Notes exported from Zerodha’s Q Backoffice and Excel Tradebook Files exported from Zerodha Q Backoffice.
\nClick here for detailed information on how you can import your desired Zerodha statements into MProfit.
\nThank you for being a valued member of the MProfit ecosystem!