There is much to look forward to about the future of the financial markets landscape in India. Household disposable income is on the rise, creating demand for avenues that generate high returns on invested wealth. AMFI data has shown that the number of Systematic Investment Plan (SIP) accounts added in the Jan-Jun 2018 period is up 60% compared with the same period last year. According to a recently released IMF Economic Outlook, Indian GDP growth will progressively increase over the medium term, in turn helping the Indian Wealth Management industry to grow yearly by 10-15% and more than doubling the number of Indian ultra-HNIs by FY22.
\nRegulators have responded positively to India’s promising growth outlook, permitting Indian investors access to a wide array of new financial products such as portfolio management schemes, fixed-income instruments and alternative investment funds. A higher level of market awareness has prompted savvy investors to seek greater balance in capital allocation. This is arguably a step in the right direction, in line with the fundamental principles of portfolio diversification.
\nWhat is portfolio diversification and why is it essential to Indian investors?
\nPortfolio diversification is the practice of allocating one’s investments across different asset classes, industries and/or geographies to minimize portfolio risk by reducing exposure to the underperformance of any one particular asset, industry and/or region.
\nDiversification is not necessarily aimed at maximizing portfolio returns; however, it does carry important implicit benefits for wealth preservation. Holding a basket of uncorrelated assets in one’s portfolio can limit losses in a cyclical bear market, and effectively safeguard an investor’s capital for subsequent bull market runs that present opportunities for enhanced returns. Portfolio diversification, while serving as a risk mitigation technique, also provides investors with freedom to gain exposure to a greater proportion of risky assets in their portfolios, while keeping overall portfolio risk low.
\nHow can Indian investors create diversified portfolios?
\nCreating a well diversified portfolio isn’t rocket science. The cornerstone of sound portfolio diversification, simply enough, is discipline that must be exercised while formulating one’s asset allocation strategy. A well diversified investment portfolio must comprise a carefully curated selection of securities that are not highly correlated in terms of performance and are characterized by different risk profiles, to keep portfolio risk low.
\nAdjusting for their individual risk appetites, Indian investors can look to invest in combinations of securities belonging to the following asset classes:
\n• Stocks
\n• Exchange Traded Funds (ETFs)
\n• Equity Mutual Funds
\n• Corporate Bonds
\n• Debt Mutual Funds
\n• Fixed Deposits
\n• Precious Metals
\n• Property/Real Estate
\nHow can MProfit help?
\nWhile the consistent increase in the number of investment products on the market is beneficial for portfolio diversification, it also creates an unprecedented challenge for Indian investors – how must one maintain and manage vast baskets of investment holdings?
\nAfter all, each asset class is governed by its own sets of laws, exchanges & intermediaries, and investors are expected to follow unique rules for tracking P/L, accounting & tax implications specific to each asset class. To add to the complexity, a well diversified portfolio requires consistent analysis and rebalancing, to adjust for changes in micro and macro environments. Now more than ever before, Indian investors are faced with the daunting task of tracking all of their investments in real-time.
\nThis is where MProfit comes to the rescue. By providing an affordable & simple-to-use desktop (and soon-to-launch Cloud!) solution, MProfit allows users to manage investments across a large number of asset classes that seamlessly integrate with MProfit’s comprehensive accounting module.
\nOne of MProfit’s differentiators is its proprietary import engine that can aggregate data from over 3,000+ sources across many disparate formats for key asset classes. We have saved our clients countless hours in painstaking manual import of trade & accounting data. In line with the new Grandfathering provision introduced by the 2018 Indian Budget, MProfit has also fully integrated & simplified the complex calculation of capital gains for all transactions (including corporate actions such as bonus, split, merger, de-merger).
\nMProfit truly empowers the Indian investment community to reap the benefits of an improved financial markets landscape by providing complete visibility into personal, family & client portfolios. With MProfit, individuals and investment professionals are able to diversify better and achieve higher returns in the long-term.
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!