Press Release – MProfit v5.2 update available

Press Release

MProfit v5.2 update available

MProfit is an easy to use personal desktop Portfolio Management Software for Indian retail investors and Non-Resident Indians (NRIs). It allows you to take control of your investments such as stocks, MFs, ULIPs, insurance policies, property, gold and many other asset classes. And does it securely, since all your personal data is saved locally on your computer.

MUMBAI, INDIA — 018:00 PM IST, January 4, 2011. MProfit, a personal portfolio management software company, today released version 5.2. The latest release contains several new reports, our new Quick Reports feature and many new import options. More details below:

1. Trading Profit/Loss Reports – Trading summary and detailed reports useful for investors who track their profit/loss on their trading activities in stocks based on average purchase price. The calculations would be different than those generated by capital gain reports which are based on First In First Out (FIFO) basis.

2. Income Reports – Reports give a summary or detailed view of income generated from your assets. For stocks, it would include dividend payout. For mutual funds, it would include dividend pay out and dividend reinvestment. For property it would include rent received. The report also includes all the interest income from your fixed income investment such as Bank FDs, Bonds, PPFs, Post Office, etc.

3. Quick Reports view – From the main summary screen the new “Quick Reports” button provides quick access to 3 reports: Portfolio summary, Trading P/L summary and Income summary.

4. Import – We have added many new brokers you can import contract notes including ACK Capital Management, Adroit Financial, Arcadia, Asset Alliance Securities, Beats Software, BRICS Securities, Chuknoo Securities, Composite Securities, Edelweiss Securities, Farsight Securities, First Global, Kedia Shares, Labdhi, Latin Manharlal and Microsec Capital. (click for a current list of brokers)

“We are building upon the success of our import feature by adding many new brokers to the import platform. In addition, many of the new reports are focused on traders who had asked for these types of reports” said Manish Jain, VP of Business Development.

Prospective customers can visit MProfit online at to learn more or download a product brochure from


MProfit was founded by several experts in the field of investment and technology and focused on products for the Indian consumer. The founders have a long and outstanding track record of building and running software companies for more than 15 years. MProfit is based in Nariman Point the financial district of Mumbai, India.


Manish Jain, VP Business Development, MProfit.