As per the new Finance Bill, it seems that Taxation rules for Mutual Funds might be changing in the near future. It seems that starting 1st April 2023, gains on Debt Mutual Funds might no longer receive a long term benefit with indexation, and they’ll be taxe as per one’s income tax slab rate. If […]
One of our users, Nooresh Merani has written an in-depth review of MProfit on his website. “This is one of the software I have been using for the last few years and have found it very simple and effective to use for tracking an equity portfolio. But i believe it has a lot of features […]
MProfit Pro makes it extremely easy to manage all your commodities and currency trades. You can import all commodities and currency digital contract notes or back-office files received from your brokers. MProfit gives you profit/loss statement as well as auto-generate accounting JVs and ledgers in integrated accounting module in MProfit. Below is the list of […]
From time to time at MProfit we come across some really guide articles that we feel will benefit our users. Below is an article from Mahavir Chopra of Coverfox talking about buying health insurance for parents. The eBook they provide is very useful and highly informative. – – – Culturally, India is a very unique […]
One of our users Atul Karmarkar has written a very in-depth review of MProfit and other portfolio management tools on his blog. A year ago, I’d tried MProfit Portfolio Management – it was then available on a trial basis, after which one had to pay. I liked it, but wasn’t sure about paying for something that MS […]
It’s not often we review books on the MProfit blog but a great one for personal finance was just released by Manish Chauhan. You might not know his name but he is the force behind JagoInvestor.com one of the most frequently visited sites for Indian personal finance information. We are very big fans of the […]
Over the weekend, the first RupeeCamp was held in Mumbai and led by it’s organizer Ranjan Varma. So what is RupeeCamp? According to the website “RupeeCamp is a structured program on personal finance where you will learn all the money skills you require. RupeeCamp is for young professionals who need cost effective, independent advice on managing […]
If you are looking to have some exposure to the equity markets then investing in mutual funds is a good first step. At MProfit we receive many queries from first time investors and one question that is asked often is “How do I buy mutual funds?” There are two broad categories for buying mutual funds: […]
