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At MProfit, we’re excited to announce a major product update, designed to make your portfolio tracking more insightful than ever!
We have just launched new Analytics Dashboards that come with a whole new interface and exciting new features 🙂
Let’s explore what’s new in MProfit:
Explore a new, engaging interface with vibrant charts and insights that are organised across three new intuitive dashboard views: Today, Holdings and Performance.
\n\n\n\nOne of our most awaited features has been added to the MProfit platform.
Now, you can get XIRR (annualised return) insights for different periods of time.
This enables you to better understand your portfolio performance in different market cycles.
![\"\"](\"https://wp.mprofit.in/wp-content/uploads/2023/09/image-2-1024x1024.png\")
In the Analytics Dashboards, you can now also view advanced performance insights:
– Historical XIRR (1 year / 2 year / 3 year / 5 year)
– Financial Year-wise XIRR
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Another much awaited feature in MProfit!
Now you can track your comparative performance against industry benchmarks!
Compare your returns for any asset, asset class or portfolio against a wide list of different market indices!
Track how your returns are faring during different time periods against indices such as Sensex, Nifty, TRI Nifty 50, smallcap & midcap indices and many more!
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MProfit now provides deeper asset allocation views across broader categories such as Equity, Debt, Gold and Retirement Products.
This enables you to holistically view your “true asset allocation” and ensure that your exposure to different asset categories is optimised.
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You can now see sector-wise and market-cap-wise views of your stock portfolio.
This will help you better understand trends in your stock portfolio and, in turn, make more informed investment decisions.
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Stay updated on your stock portfolio’s daily movers with the new Today’s Movers feature.
The new Watchlist feature helps you to monitor stocks that you are interested in tracking on a daily basis.
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To access the new Analytics Dashboards, simply login to your MProfit account and click Analytics in the top navigation.
If you need help getting started, you can book an MProfit online demo, and our team will be happy to connect with you!
Please note: The new features are in beta.
If you are new to MProfit, you can sign up for an MProfit account & get started right away.
Sign up & try the new features!
What are sovereign gold bonds? As part of the gold monetisation scheme launched by Prime Minister Narendra Modi in November 2015, sovereign gold bonds are issued by the Reserve Bank of India (RBI) on behalf of the government. They are a replacement for physical gold and are available in paper or demat form. Which sovereign […]
\n","slug":"manage-sovereign-gold-bonds-with-mprofit","content":"What are sovereign gold bonds?
\nAs part of the gold monetisation scheme launched by Prime Minister Narendra Modi in November 2015, sovereign gold bonds are issued by the Reserve Bank of India (RBI) on behalf of the government. They are a replacement for physical gold and are available in paper or demat form.
\nWhich sovereign gold bonds are supported in MProfit?
\nIn line with our commitment to continually improve MProfit and introduce new features, MProfit has added support for the sovereign gold bond asset class under the ‘Traded Bonds’ category. MProfit users can now track the performance of these bonds on a daily basis, review overall gains as well as annualised return (XIRR) for this category. Here is a list of the sovereign gold bond series that have been added in MProfit:
\nSovereign Gold Bond 2.75% Nov 2023 Tr- I (ISIN: IN0020150085)
\nSovereign Gold Bond 2.75% Feb 2024 Tr-II (ISIN: IN0020150101)
\nSovereign Gold Bond 2.75% Mar 2024 Tr-III (ISIN: IN0020150119)
\nSovereign Gold Bond 2.75% Aug 2024 Tr-IV (ISIN: IN0020160027)
\nSovereign Gold Bond 2.75% Sep 2024 Tr-V (ISIN: IN0020160043)
\nSovereign Gold Bond 2.50% Nov 2024 Tr-VI (ISIN: IN0020160076)
\nSovereign Gold Bond 2.50% Mar 2025 Tr-VII (ISIN: IN0020160126)
\nSovereign Gold Bond 2.50% MAY 2025 Sr-I 2017-18 (ISIN: IN0020170018)
\nHow are capital gains calculated for sovereign gold bonds?
\nIf sovereign gold bonds are sold in the secondary market before maturity after three or more years since purchase, capital gains on these transactions will be taxed at 20% with indexation. However, if they are sold within three years of purchase, the capital gains would be subject to the marginal tax rate. Our team is working to provide separate capital gains reports with and without indexation for this category, and these new reports should be available in the next public software update.
MProfit wishes you a prosperous 2017! 2016 has been quite a year to remember not because of the US elections, but because of what else happened that day… the demonetization of the Rs. 500 and Rs. 1000 rupee notes. Within hours of the announcement Prime Minister made it impossible to use large notes. It was […]
\n","slug":"february-newsletter","content":"MProfit wishes you a prosperous 2017!
\n2016 has been quite a year to remember not because of the US elections, but because of what else happened that day… the demonetization of the Rs. 500 and Rs. 1000 rupee notes. Within hours of the announcement Prime Minister made it impossible to use large notes. It was a very positive move for the financial markets as most of the money would come back into the banking system. The positive effects will be felt for many years to come.In addition, it was also an extremely productive year for MProfit. With a series of new features, reports and improvement in 2016 as well as unmatched customer support, we continue our path in 2017 to make MProfit, India’s leading portfolio management & accounting solution. Below is a quick summary of new features & reports implemented:
\nNew Features
| • | \nReached the milestone of supporting import from 2000 formats (PDF, HTML, Excel, Text, DBF) | \n
| • | \nImport support for auto-mapping using ISIN numbers for many broker’s contract notes | \n
| • | \nLive prices (End of Day prices) of traded bonds on NSE and BSE in capital market segment | \n
| • | \nImport support for the new format of the Consolidated Account Statement from CAMS | \n
| • | \nCreate Mark to Market profit/loss in F&O which can be reconciled with broker’s ledger | \n
New Reports
\n| • | \nCapital Gains of traded bonds | \n
| • | \n‘Bank & Broker’ report to see banks and Broker’s balances for one or all families | \n
| • | \nContract notes summary and detailed report to view contract notes of all families | \n
| • | \nAsset Holding – Closing Balances | \n
| • | \nFamily – wise global transaction report | \n
| • | \nCapital gain calculations of all families under one report | \n
| • | \nClosing Balance report for one family or all families under one report | \n
| • | \nNew XIRR report with Quantity | \n
| • | \nStocks & Mutual Fund transactions register | \n
Last week we released v9.5 of MProfit which packs many new features and fixed several older issues. Below is a complete list of all the new features, reports and enhancements. New Features – Create Mark to Market profit/loss in F&O which can be reconciled with broker’s ledger [Click to learn more] – Settlement of all […]
\n","slug":"new-v9-5-released","content":"Last week we released v9.5 of MProfit which packs many new features and fixed several older issues. Below is a complete list of all the new features, reports and enhancements.
\nNew Features
\n– Create Mark to Market profit/loss in F&O which can be reconciled with broker’s ledger [Click to learn more]
\n– Settlement of all open expired contracts [Click to learn more]
\n– Import support for the new format of the Consolidated Account Statement from CAMS
\n– Import support for auto-mapping using ISIN numbers for many additional brokers’ contract notes
\nNew Global Reports (Pro & Advisor Version)
\n– ‘Bank & Broker’ Report to see banks and Brokers’ balances for one or all families
\n– Transaction Reports, CN Summary and Detailed to view contract notes of all families and search any Contract note with contract no or Settl. No
\n– Closing Balance Report for one family or all families under one report
\n– Asset Holding – Closing Balances
\nImproved Reports
\n– Capital Gain Summary report – Added filter to see only intra-day, short term or long term gains
\n– Ledger Printing Report – Option to exclude stocks, MFs & traded bonds
\n– Closing Balance report, added two more columns, Curr. Price and Curr. Value
\n– Holding Report, added three more columns, Curr. Price, Curr. Value and Gain/Loss
\n– Display of current value of assets with Lock-in Period entry in due date report
\n– Trading Profit/Loss report of past date will show valuation of the respective date
\nBug Fixes
\n– Fixed bug related to Capital gain for Transfer-In with IPO and Bonus
\n– Fixed error in Transaction report with Bonus and Split
\n– Fixed clubbing of buy transactions entered separately on same day in capital gain report for income tax report, now it shows individual entries
\n– Fixed error in report of Debt MF with Indexation if internet is not connected
\nClick to the see the full version history of MProfit.