How can I accurately track my PMS investments with MProfit?

If you invest in different PMS products, you can import them to MProfit and track their performance holistically. This will help you make more informed investment decisions.

With MProfit, you can track your PMS investments individually and also at a consolidated level, to get clear visibility into the following insights:

• XIRR for each PMS investment
  
  
• Stock-wise holdings and asset allocation for each PMS investment
  
  
• PMS cashflow analysis
  
  
• Detailed view of PMS fees incurred by you
  
  
• Consolidated snapshot of all your PMS investments in a single view

Here's how you can use MProfit correctly to manage your PMS investments:

1. Create a separate PMS Portfolio for each PMS in MProfit.
   
   This is essential so that you can systematically track each PMS's performance individually.
   
   How do I create a PMS portfolio in MProfit?
   
   
   
2. Import your PMS transaction statement to its corresponding PMS portfolio in MProfit.
   
   MProfit supports the auto-import of trade reports/statements provided by most major PMS providers!
   
   You can directly import your PMS transaction statements to MProfit. This significantly reduces manual effort in tracking your PMS portfolios.
   
   How can I import my PMS transactions to MProfit? 
   
   
3. Import your PMS bank book to ensure your cashflows are up to date in MProfit.
   
   This will help you track your cash inflows and outflows to and from the PMS, as well as provide you clarity on what is the cash-on-hand that is not currently deployed.
   
   By importing your PMS bank book file to MProfit, you are also able to track the different fees levied by the PMS.
   
   How do I import a PMS bank book file to MProfit? 
   
   
4. View your PMS performance snapshot in MProfit.
   
   Once you have imported your PMS data, it is time to track the key performance metrics for the PMS including XIRR, P/L, income earned and fees charged. 
   
   This can be done by navigating to the Performance view under MProfit Analytics.
   
   How do I view my PMS Performance Snapshot in MProfit? 
   
   
5. Once all PMS investments are imported to MProfit, track your consolidated PMS performance.
   
   Navigate to the Family Group portfolio to get a single snapshot view with performance metrics including XIRR for all your PMS investments.
   
   How to track Consolidated PMS Performance in MProfit?