MProfit Software – Commercial Version 3.0 Released

The wait is finally over. We are happy to announce the availability of the commercial version 3.0 of MProfit Software. We sincerely appreciate the patience and support of all the users who have downloaded and used the pre-release version.

This is a 30 days trial version. Following features/functionalities have been added in this version.

  • Right click menu for Edit/Delete in the transaction list
  • Change period button on top of the transaction list
  • Edit button on top of the transactions list
  • License Activation feature under Help menu

During this 30 days trial period, you will be able to purchase MProfit 1 Year Subscription Plan. The purchase details (Online payment as well as payment through Cheque/DD) will be provided before the end of next week. Once you make the payment, the Activation Key will be sent to you by an email. Under Help menu, you will notice the option to activate the license. You need to insert this Activation Key and click the button ‘Activate License’. The software will be activated for 365 days.

The previous pre-release version users will get the message about the availability of the new version 3.0. You need to accept and allow the installation to enjoy the full benefits of MProfit. When you accept it, it will be downloaded and installed on your desktop. Please make sure that you have the internet connectivity during this process.

Adding Exchange Traded Funds (ETFs) in MProfit

You can add all Exchange Traded Funds (ETFs) in MProfit. ETFs fall under the category of Mutual Funds.

A Mutual Fund/ETF scheme is classified as an equity-oriented scheme if it has holdings in the equity of domestic companies, amounting to 65 per cent or more, on an average, during the year. A scheme that does not fulfil this condition is considered as a debt-oriented scheme. All Gold ETFs fall under Debt MF category.

Some of the ETFs listed in MProfit are

  • Gold Benchmark Exchange Traded Scheme (Gold BeES)
  • Reliance Gold Exchange Traded Fund-Dividend Payout Option
  • SBI GOLD EXCHANGE TRADED SCHEME
  • UTI GOLD Exchange Traded Fund
  • Liquid Benchmark Exchange Traded Scheme (Liquid BeES)
  • Nifty Benchmark Exchange Traded Scheme- Nifty BeES
  • Nifty Junior Benchmark Exchange Traded Scheme (Junior BeES)
  • Sensex ICICI Prudential Exchange Traded Fund
  • PSU Bank Benchmark Exchange Traded Scheme (PSU Bank BeES)
  • Banking Index Benchmark Exchange Traded Scheme (Bank BeES)
  • Reliance Banking Exchange Traded Fund-Dividend Option

You can add all Exchange Traded Funds (ETFs) in MProfit.

ETFs are falling into the category of Debt Mutual Funds. You need to create a new mutual fund, select the name of your ETF and assign it to Debt MF category.

Some of the ETFs listed in MProfit are

Gold Benchmark Exchange Traded Scheme (Gold BeES)

Reliance Gold Exchange Traded Fund-Dividend Payout Option

SBI GOLD EXCHANGE TRADED SCHEME

UTI GOLD Exchange Traded Fund

Liquid Benchmark Exchange Traded Scheme (Liquid BeES)

Nifty Benchmark Exchange Traded Scheme- Nifty BeES

Nifty Junior Benchmark Exchange Traded Scheme (Junior BeES)

Sensex ICICI Prudential Exchange Traded Fund

PSU Bank Benchmark Exchange Traded Scheme (PSU Bank BeES)

Banking Index Benchmark Exchange Traded Scheme (Bank BeES)

Reliance Banking Exchange Traded Fund-Dividend Option

MProfit Software Update – Version 2.48 released

We are happy to announce the availability of new software update ver 2.48 for MProfit Software.

Following features have been added in this new version 2.48

  • Generation of  SIP (Systematic Investment Plan) entries for Mutual Funds (MFs)
  • Addition of Folio Numbers for MFs
  • Addition of Lock-In Period and reminder alert for MFs (very useful for ELSS tax saving schemes)
  • Instant display of details like Folio Number, Lock-in Period, Maturity Date, Agent Name, Reference Name for various assets in balloon notification
  • Instant display of details of ULIP and Insurance products like policy numbers, maturity date, Lock-in Date in balloon notification
  • Support for Zero Values (Bonus shares) in Private Equity and Bonds
  • % gain/loss display in today’s total gain and overall gains
  • Addition of shortcuts for Bonus, Merger, Demerger & Split by right click on Stocks icon as well as from Activity Menu
  • Name Change support with effective date for all the assets

Apart from addition of above mentioned features, this version also fixes some of the minor bugs in the application. The previous version users will get the message about the availability of new version 2.48. You need to accept and allow the installation to enjoy the full benefits of MProfit. When you accept it, it will be downloaded and installed on your desktop. Please make sure that you have the internet connectivity during this process.