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How Mutual Fund Software Supports PMS With USD-Based Entries

  PMS data entry has always been a core part of an MFD’s back-office work. But until recently, everything had to be entered only in INR — even when clients invested in products denominated in foreign currency. Now, with USD-based PMS entries supported directly inside your  mutual fund software , managing such investments becomes far easier, cleaner, and more accurate. This small update solves a big pain point and opens the door to better reporting, better transparency, and better portfolio tracking. Let’s break down what this really means for you and your clients. Why USD-Based PMS Entry Matters? Many high-value investors today diversify across borders. Some hold PMS products, private arrangements, or alternative investments where values are recorded in USD. Earlier, you had to convert every value manually into INR just to enter it into the system. This led to: ●    Confusion during reporting ●    Exchange rate mismatches ●    Errors in calculatio...
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How Can Mutual Fund Software Help MFDs Manage Multiple Assets?

Today, most investors prefer using a single platform to manage all their investments. If they can't find such a platform with their current Mutual Fund Distributor (MFD), they often switch to one that offers a comprehensive solution. This shift can cause significant challenges for MFDs, especially when it comes to handling redemptions.



Challenges MFDs Face with Redemptions

  1. Reduced Assets Under Management (AUM): When clients redeem their investments, the total assets managed by the MFD decrease, leading to lower business volume.
  2. Less Revenue: With a reduced AUM, the revenue generated from management fees also drops, impacting the financial health of the MFD's business.
  3. Loss of Client Base: Frequent redemptions can result in the loss of clients, making it difficult for MFDs to build long-term relationships and grow their client base.

Mutual Fund Software for Distributors: Managing Multiple Assets

Wealth Elite, a Mutual fund software for distributors provides a solution by enabling MFDs to manage various asset classes together. This comprehensive approach helps MFDs retain clients by offering a single platform for all investment needs. Let's explore the different asset classes that can be managed using this software:

Insurance (Life & General Insurance)

Managing both life and general insurance policies becomes seamless. MFDs can keep track of premium payments, policy renewals, and claims, ensuring clients have all their insurance details in one place.

Portfolio Management Services (PMS) & Alternative Investments

The software allows MFDs to oversee Portfolio Management Services and Alternative Investments like hedge funds and private equity. This ensures that clients' high-net-worth portfolios are efficiently managed and monitored.

Fixed Deposits (FDs) and Bonds

MFDs can manage fixed deposits and bonds, tracking maturity dates, interest payments, and reinvestment opportunities. This helps clients maximize their returns on low-risk investments.

Postal Investments

Traditional postal investments can also be managed. This is particularly useful for clients who prefer secure government-backed investment options.

Equity

Equity investments, including stocks and mutual funds, can be easily tracked. MFDs can monitor market performance, manage buy/sell transactions, and provide clients with up-to-date portfolio valuations.

Commodity

For clients investing in commodities like gold and silver, the software provides a way to manage these assets effectively. MFDs can track prices, market trends, and client holdings in real time.

Real Estate

Managing real estate investments, whether it's residential or commercial properties, becomes straightforward. The software helps MFDs track property values, rental incomes, and maintenance schedules.

Benefits of Managing Multiple Assets with Mutual Fund Software

  1. Less Redemptions: By offering a comprehensive platform for all investments, MFDs can reduce the frequency of redemptions as clients find all their needs met in one place.
  2. More Client Satisfaction: Clients enjoy the convenience of managing all their investments on a single platform, leading to higher satisfaction and stronger relationships.
  3. Less Paperwork: The software reduces the need for extensive paperwork by digitizing records and transactions, making the management process more efficient.

Conclusion

Wealth Elite, a mutual fund software for Ifa simplifies the management of various assets, allowing MFDs to offer a holistic investment solution to their clients. By easing data management and reducing manual tasks, MFDs can focus more on revenue-generating activities that drive business growth. This comprehensive approach not only enhances client satisfaction but also positions MFDs for sustained success in a competitive market.

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