To start tracking your Stock portfolios in MProfit, you need to import your trade data provided by your broker.
Follow the below 3 step process to import your data from any broker to MProfit:
- Get your historical trade file from your online broker portal and import it to MProfit
The first step is to import your past trade data to MProfit.
Most brokers provide a historical trade report that contains the details of your past trades in a single file. You can generally get this report by logging in to your online broker portal.
MProfit lets you directly import historical trade files from hundreds of brokers such as Zerodha, ICICI, Angel Broking, Sharekhan and many more!
Learn more: How do I get my historical trade data from my broker?
- Auto-apply corporate actions
Once your historical trades are imported to MProfit, you can apply corporate actions for stocks in your portfolio.
These include dividend, split, bonus, merger and demerger entries that need to be accounted for.
MProfit provides you a simple way to auto-apply corporate actions at once!
Step-wise guide: How do I auto-apply corporate actions in my portfolios?
- Set up auto-import for future trades
Going forward, your daily trade data can be auto-imported to MProfit via email forwarding. This ensures that your MProfit portfolios always remain updated.
For any trade file received via email (eg. contract notes), you can set up a forwarding rule in your email that will forward the file daily to MProfit.
Learn more: How do I set up Auto-import for my trade file?
Once you are done with the above steps, you can start auto-tracking your stock investments in MProfit, view XIRR & Capital Gains and get insightful reports!