Indian Stock Market, with ever changing regulations, legislation, complexities and hundreds of Brokers having their own way of generating contracts/reports etc is a nightmare for any software developer who wants to automatize. Myself being a CA & having basic programming knowledge thought it was an impossible task till I came to know about MProfit in 2015.
MProfit has made this herculean task a reality and it allows one to manage one’s portfolio across different asset class in a fraction of a time and is quite simple to operate. A person having multiple broker accounts and multiple demat accounts can also have a seamless data updation, which is the beauty of product & shows the immense thoughtfulness in the product architecture.
MProfit team members deserve a big kudos for passionately resolving each and every query of users (2200+ broker/templates of different segments) MProfit is priced at an affordable level even for a small trader/investor and is also given Free for the basic version – these traits are quite rare considering the Indian environment.
For the Accounting module, the idea of Importing the entire bankbook (even broker ledger) and minimizing the monotonous typing efforts, which otherwise are prone to errors, deserves a special mention. Also, getting a FAMILY/GROUP portfolio data with a single click is a boon.
In a nut-shell, MProfit is one of the most versatile product for Portfolio & Accounting running successfully and am glad and confident that this Made in India product will be honoured globally
Sandeep Shah, CA
I would like to congratulate you on making this awesome software for Personal Portfolio management & PMS. I used the free version initially to test and was fascinated by the ease of use, especially the interface is absolutely clean and well managed. I bought the PRO version almost instantly after the free version.
The price of the Software is absolutely rock bottom against the features it offers – like Accounting Reports Year-wise, Stock-wise – Income Tax Return format – F&O – getting upload of Contract Notes from almost all the broking agencies, regular updates in the software as well as the different types of Contact Notes being added..
On talking about customer service, it is absolutely GEM. I get almost all the replies for my E-Mail queries almost instantly with proper guidance and also the over-the-phone help is marvelous.
All in all this software is a definite BUY for every investor with vast portfolios to manage – for unmatched features – easy to use / managing – every sort of info configured at finger tips – all this rock bottom PEANUT price.
MProfit is a very user friendly accounting and financial software. Moreover it has and excellent customer service and support system in place. I purchased this software through a friend’s recommendation and am very happy with it
I have researched personal accounting software for India market and I find MProfit most suitable. My first and foremost criteria was whether I can store my personal finance data on my computer and not on web site, remote machines. MProfit keeps all my data to my local machine. You can enter vast variety of transaction data related to many investment options like Stocks, Mutual funds, PPF and gold to name few. Another very awesome feature about MProfit which I like is they ability to import stock transaction contract notes from various brokers, import bank statements and if you bank import template is not available out of box they will help you create import template just for you.
Also another feature I liked is their live updates of data, CAMS online transaction data import. Their reporting engine to generate various report is good. Accounting module is robust. It helped me import bank statements and you can get idea about your expenditures, income with your own balance sheet.
Last but not the least, they have very good customer service, rare trait for Indian mentality. As soon as I emailed their support I used to get call fairly quickly. I am happy customer of MProfit.
I am a new investor. I invest through agencies or directly, so when I wish to see the investment details at a single place, I have to spend more time to collect the information. More over there is a chance of missing information. Your software is very useful to the investor like me so I can take my own decisions and compare the decisions with the export decisions. The reports are also very useful.
At a glance I can review my investments and take a decision to buy or sell. The group portfolio is also very handy. Thank you for offering free software. My rating is 5 stars *****
Your support is excellent!
It is very useful software for multiple portfolios. It reduces a lot of manual entries work and saves time
It is the best software to manage your Portfolio. No need for manual entries as it automatically imports the Contract Note. They have templates for all the brokers. And the best part is their Support. They are very swift in responding to queries (there was a change in format of Contract Note sent by my broker. I emailed them and they immediately updated the template with latest version). Thank You MProfit.
Dharmil Motani, Mumbai
I am using free trial version since last few weeks and I am really happy that finally I have found good software experience particularly for stock investments and live rates of shares, percentage gains etc. It is very user friendly and one can use, even without much knowledge of computer.
More to this there is very excellent support back up from MProfit team.
Jignesh Majmudar, Ahmedabad
I am still in the 30 day trial period of MProfit. It is obvious how much time can be saved by using this software. It is highly useful – there is no doubt. It is nicely customisable, but a lot of work still needs to be done on it in terms of slickness of presentation and cloud features.
A special mention to the customer support team, they have been absolutely superb in answering my questions and walking me thru the software, processes, and technical queries. Without them, the overall positive experience would have been seriously lowered.
Purchased MProfit after considerable study on available software on Portfolio management lasting five months in Jan 2017. It is a user friendly, purposeful and very competitively priced product. Product support team is thorough, smart and cooperative.
CMA Ashwani Kumar Aggarwal
I purchased it in August 2016 for 1st time. I found it very useful for retail investors. It was very complicated to find out short term and long term profit before purchase of this software. But now it is very easy to calculate it. I also suggested to my friends and recently some of them also bought it.
This software is very excellent. I will definitely suggest to every one who is dealing in share markets
HARDIK N. PATEL, Partner
Jay Gruh Udyog
I wanted software to make it easy for me to store my equity transactions and compute STCG and LTCG required to file income tax returns. Found this amazing MProfit software package in 2009 and I have been happily using it since then. First time, I felt that India produced a world class software! One time saving feature I use, is importing of contract notes from PDF files brokers send me. This prevents data entry errors and saves a lot of time for me. Its reports on STCG and LTCG can be readily used for filing income tax returns.
For any product to succeed, quick support to provide solutions to any problems customers face is very crucial. And MProfit has been providing excellent and fast support, as latest as a day before, during all these years. A big Thumbs up to MProfit!
Thanks so much for your prompt support, appreciate! I would recommend MProfit in my circle just for your support!
I am super-impressed with your support even for free users. I will be buying paid version soon
Capt. Adesh Tungare
Thanks to MProfit software for creating a user friendly, secure, scalable tool for investors and advisors. I wish I had known about it earlier. But it has made meeting my professional obligations very easy. Best is the possibility of uploading any format like Karvy, CAMS, and CAS files and track investment progress.
Clubbed with a responsive support team which is extremely proactive. I am your proud user and recommend more advisors and investors to make use of this resource.
Deepa Nittala, Financial Advisor
Hats-off team MProfit! fantastic client response!! Keep up the good job.
Awesome job..done by team. Thank you very much. I really appreciate you and your team
Thank you for your wonderful support as always by MProfit Team. MProfit Rocks !
I have been using MProfit free version since the last two years, and I thank you for making it available free to persons with small investments