Press Release – MProfit Launches version 4.1

Press Release

MProfit Launches version 4.1 of its Desktop Application

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 — 06:30 PM IST (01:30 AM GMT), February 16, 2010. MProfit, a personal portfolio management software company, today released version 4.1. In the latest release, MProfit has implemented two big features that were most requested by users, a tax calculator and an automated backup feature.

The tax calculator allows a user to estimate their taxes BEFORE selling a stock or mutual fund. It provides intraday, short-term and long-term tax calculations.

In addition, a weekly/monthly backup feature was added. MProfit will prompt the user on a weekly or monthly basis (based on their settings) to backup their data to either a local hard drive, an external hard drive or a USB pen drive. This will allow a user to always have a backup copy of their data in case of an emergency.

“The automated backup feature was a request we were constantly hearing from our user community and hence ranked at the top of our feature list” said Manish Jain, VP of Business Development.

Version 4.1 also includes an improved help file and improved report layouts.

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.