We have received an overwhelming response from many users around the country including smaller cities and towns. The MProfit team feels highly motivated and obliged by the encouraging response.

We have finalised the pricing of MProfit and have also extended the validity of the free pre-release version up to 31-Aug-2009. Users of previous versions will receive the new automatic update for the availability of version 2.43. The commercial launch will be announced in next few weeks.

As promised, we have decided to offer MProfit at a very attractive price. We have evaluated various pricing models and have also done our own survey. After reviewing several options, we have decided to charge Rs. 99/- per month (payable yearly for 12 months) + Rs. 300 (one time joining fees). This plan includes following services:

1) License to use fully functional MProfit Software for one year
2) Updates for end of the day BSE closing prices and daily MF NAVs
3) Database updates (new addition of stocks and Mutual Funds and updates about company name change)
4) Software Updates for the addition of new features and reports as well as improvement in the software.
5) Email support

We have adopted this pricing model by keeping individual investors in mind. I hope that most of the users would appreciate our low cost pricing plan.

We again thank all the users for their support.

This is a pre-release (beta) version and fully functional. You can use this version without any charge up to 31-Jul-2009. You will be able to use the same data, when we launch the commercial version. I hope that it will be very useful for everyone for calculating capital gains calculations for the financial year ending March 31, 2009. The pricing for the commercial version will be decided later and we can assure you that the pricing will be very attractive.

MProfit is a Desktop Portfolio Management Software for Indian Investors. It is also useful for Non Resident Indians. It is extremely easy to use and you can jump start using and managing your portfolios by going through ‘Getting Started’ section in User Manual. This is not a web based solution. We believe that most of the individuals would not like to store their personal financial data on web portals due to data theft and online security issues. MProfit stores your personal portfolios data on your PC. MProfit manages individual portfolio and family (group) portfolios and tracks the net worth of individual and group portfolios with the updated prices of stocks and MF.

MProfit has many more features and reports which are useful for Indian Investors. It provides Long term and Short term capital gain reports. It handles various corporate actions like Bonus, Split, Merger and De-merger. Capital gain reports are adjusted based on these actions as per the income tax rules. Apart from capital gains reports, you will explore many more features and reports while using MProfit.

One of the main features of MProfit is a Group portfolio. You can create multiple groups within your family. You can explore some of the interesting report like Asset Allocation, which will give you information about how your family wealth is diversified.

The closing values of BSE stocks and Mutual Fund NAVs are updated automatically through internet from our server when you start the application.

There are also two types of updates which we provide through internet,

1)     Database Updates (which are addition of newly listed stocks, Mutual Funds and Company Name Change updates)
2)     Software Updates (We keep improving the software functionality and keep adding new features & reports)

Please keep accepting these new updates to enjoy the full benefits of MProfit application. Please use the Backup feature to take regular backups of your MProfit data.

This is a pre-release (Beta) version and may need improvement. If you come across any bugs while using the software, please share the same with us so that we can keep improving the functionality and make MProfit software more robust.

Please click here to download User Manual to know about all the features of MProfit. Help is always available by pressing F1 while using MProfit.

Please send any feedback or query to support@mprofit.in and our support team will respond to your query.

MProfit – Desktop Portfolio Management Software is ready and available for download. This is a pre-release (Beta) version and fully functional. It is free up to 31-Jul-2009. You will be able to use the same data after the commercial launch. We are committed to enrich and improve MProfit with more user friendly features and functionality with the support and feedback of its users. I look forward to your feedback and suggestions.