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...
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 calculations
● Time-consuming manual adjustments
Now, USD can be directly selected as a currency option while entering PMS details.
No conversions. No rework. No manual exchange rate math.
This update gives you a more accurate view of your client’s overall wealth — especially when portfolios include both domestic and foreign-currency PMS products.
How Does This Help You As an MFD?
Accurate Multi-Currency Reporting
You can enter PMS values exactly as they are — in USD, because the best mutual fund software like Wealth Elite automatically organises, displays, and calculates them correctly within the portfolio. This avoids double work and eliminates errors caused by manual conversions.
More Clarity During Client Reviews
When clients see their PMS entries in the actual currency they were invested in, the reporting feels clearer and more trustworthy. There’s no confusion about “which rate was used” or “why values don’t match statements.”
Seamless Integration With Existing Portfolio Views
USD-based PMS entries appear alongside other assets like mutual funds, equity, real estate, FD, insurance, etc. Clients get a complete wealth picture without missing any part of their portfolio.
Better Support for Growing Investor Needs
Your clients are not limited to Indian investments anymore. With PMS entries allowed in USD, you can manage more diverse portfolios and offer better service — all within the same back office software.
Cleaner Audit Trails & Records
Because values are recorded in their original currency, audits, reconciliations, and reviews become far easier and far more transparent.
What You Can Enter Under USD-Based PMS
● Capital invested
● Market value
● Withdrawal amounts
● Profit/Loss
● Additional contributions
● Charges and fees
Everything behaves exactly like INR entries — just more accurate for foreign-denominated PMS.
The Bigger Advantage: A More Complete Portfolio View
Today’s investors want consolidated reports. They want to see everything — equity, debt, PMS, real estate, cash, gold, and more — all in one place.
By allowing PMS entries in USD, wealth management software helps you deliver exactly that. It fills a major reporting gap and gives clients a complete understanding of their wealth distribution.
This update may look small, but it makes everyday portfolio management smoother and more reliable.
Final Thoughts
USD-based PMS entry isn’t just a technical improvement — it’s a practical one. It helps you save time, avoid conversion mistakes, maintain accurate records, improve client reporting, and manage modern portfolios more professionally
As investor expectations evolve, this is the kind of enhancement that keeps your software aligned with real-world needs. If your clients hold PMS investments valued in USD, this feature will make your work far simpler — and their reports far clearer.
FAQs
1. Why do PMS entries need to be recorded in USD?
Some PMS providers operate strategies in USD, especially for international portfolios. Recording them in USD avoids manual conversions and keeps reporting accurate.
2. Does USD entry change how valuation is shown?
No. The PMS details are stored in USD exactly as the investor holds them. This ensures transparency and avoids mixing INR and USD values.
3. Can MFDs track both INR and USD PMS in one place?
Yes. Both currencies can be recorded and tracked in the same back office software, making reporting simple and organised.
4. Does USD-based entry help NRI clients?
Absolutely. Many NRIs hold PMS assets in USD, and this feature helps you show them clean, currency-accurate reports without extra work or conversions.
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