Press Release – MProfit v5.0 update available

Press Release

MProfit v5.0 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 — 01:00 PM IST, August 12, 2010. MProfit, a personal portfolio management software company, today released version 5.0. In the latest release, MProfit has added the ability to import data the feature was most requested feature from users.

MProfit v5.0 can import data from 4 data sources: 1. Brokerage digital contract notes 2. CAMS/KARVY mutual fund files 3. Excel templates 4. Online portals.

New import options are continually being added but on launch day the following import options are supported:

1. Brokerage digital contract notes – Eastern, IL&FS, ISE, Kotak, Lalkar, MF Global, Motilal Oswal, Reliance, Way2Wealth and many others

2. CAMS/KARVY – Karvy 201/221, KARVY personal file, CAMS WBR2 and CAMS personal file format

3. Excel templates – MProfit provided Excel templates to import stock and mutual fund transactions

4. Online portals – NJ Fundz and Value Research Online

“This is our most exciting release since it allows importing data which has been the most requested feature from our users” 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.