Press Release – MProfit v5.4 Released

Press Release

MProfit v5.4 Released

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 — 6:00 PM IST, March 31, 2011. MProfit, a personal portfolio management software company, today released version 5.4. This release is a maintenance release with a couple new reports, below are 4 highlights of the release:

1. As the financial year of 2010-11 has been closed, we have improved the Capital Gain Summary Report based on requests from many users. The report now includes period-wise capital gains as required when filing your tax return. The period includes 1st Apr to 15th Sep, 16th Sep to 15th Dec, 16th Dec to 15th March and 16th March to 31st March. This will be useful in determining your advance tax payment for the new financial year as well.

2. New ULIP/Insurance Summary report for individual portfolios, this report was previously available for groups.

3. A minor bug related to display of accrued interest in FD (Payout).

4. Import – We have added several more brokers to allow importing of contract notes from ASE Capital Markets,, MTL Shares & Stockbrokers, R. Wadiwala Securities, Saurashtra Capital, Span Caplease and Sunshine Broking. We have also updated many of the import options as well. (click for a current list of brokers)

“With v5.4 of MProfit we now have over 90 import options for customer to get their data into MProfit.  We have the most number of import options of any desktop portfolio software on the market today which is great for an Indian investor ” 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.