MProfit for Accounting
Investment accounting software
Investment portfolio management software
Financial services software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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₹18,000 per year
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Small
Medium
Large
- Manufacturing
- Professional services (engineering, legal, consulting, etc.)
- Retail and wholesale
What is MProfit for Accounting
MProfit for Accounting is an investment accounting and portfolio tracking application focused on recording investment transactions and producing accounting-oriented reports. It is typically used by individual investors, accountants, and small advisory practices to maintain books for taxable and retirement accounts and to support tax preparation workflows. The product emphasizes local desktop-style recordkeeping with configurable security/asset classifications and reporting for realized/unrealized gains and income. It is positioned more toward personal and small-business investment accounting than enterprise-scale investment book-of-record operations.
Detailed transaction-level accounting
The product supports transaction-based bookkeeping for common investment activities such as buys, sells, dividends, interest, splits, and transfers. This structure enables cost basis tracking and gain/loss reporting that aligns with accounting and tax workflows. For users who need auditability at the lot/transaction level, this approach is more practical than summary-only portfolio tools.
Broad portfolio reporting outputs
MProfit for Accounting provides reports oriented to performance, income, and capital gains, which are common requirements for investor statements and tax support. Users can typically segment reporting by account, security, asset class, and time period. This breadth can cover many day-to-day needs without requiring an enterprise reporting stack.
Fit for small-scale operations
The product is generally suited to individuals and small firms that want investment accounting without implementing an institutional platform. It can be used as a standalone system of record for portfolios where integrations to custodians, order management, and data warehouses are not mandatory. This makes it easier to adopt for smaller teams with limited IT resources.
Limited enterprise integrations
Compared with institutional investment accounting platforms, MProfit for Accounting is less oriented to deep integrations with custodians, market data providers, and downstream general ledger or data lake environments. Organizations that require automated reconciliation across multiple external sources may need additional tooling or manual processes. This can be a constraint for firms operating at scale or under strict operational controls.
Not designed for complex instruments
The product focus is primarily on traditional securities and standard portfolio activity. Firms with significant exposure to complex derivatives, structured products, multi-currency accounting at scale, or fund-level allocations may find functional gaps. In those cases, specialized investment accounting systems typically provide more robust instrument modeling and valuation workflows.
Governance and controls constraints
Smaller investment accounting tools often have fewer features for role-based access, workflow approvals, and comprehensive audit trails than enterprise financial services systems. If multiple staff members need controlled processes for data changes, reviews, and sign-offs, additional governance procedures may be required. This can increase operational risk for regulated environments.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| HNI (Investors) | ₹18,000 per year + GST (billed annually) | For investors & HNIs with investments < ₹25 Crore; 2 web + mobile logins; manage up to ₹25 Crore; 20 free MF CAS API refreshes/month. |
| Family Office (Investors) | Request pricing | For Family Offices / HNIs with investments > ₹25 Crore; dedicated relationship manager; 4 web + mobile logins; 40 free MF CAS API refreshes/month. |
| Wealth Platinum (Wealth Professionals) | Starts at ₹3,000 per month + GST (billed annually) | For IFAs, RIAs, MFOs and Brokers; 3 web + mobile user logins included; branding and reconciliation features; dedicated relationship manager. |
| MProfit Pro - Premium Pack (add-on) | ₹2,500 per year + GST | Adds Reconciliation Module and premium reporting for client logins (Cloud-only). |
| MProfit Advisor - Premium Pack (add-on) | Advisor 100: ₹5,000/yr; Advisor 200: ₹10,000/yr; Advisor 500: ₹15,000/yr; Advisor 1000: ₹20,000/yr; Advisor 2000+: ₹30,000+/yr (all + GST) | Upgrades client logins to premium, branding with logo, reconciliation module; per-portfolio pricing shown on site. |
| MProfit Advisor - PMS Pack (add-on) | Advisor 100: ₹10,000/yr; Advisor 200: ₹17,500/yr; Advisor 500: ₹25,000/yr; Advisor 1000+: ₹40,000+/yr (all + GST) | Advisor PMS Pack yearly pricing (per-portfolio rates shown on site). |
