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...
There are so many mutual funds available for investment that choosing the right one can sometimes feel overwhelming. With numerous options and varying features, finding a fund that aligns with an investor's goals and risk tolerance requires careful consideration. Challenges for Mutual Fund Distributors Redemptions: Frequent redemptions by investors can disrupt portfolio stability and reduce the overall Assets Under Management (AUM). Investor Dissatisfaction: Without proper guidance, investors may become dissatisfied with their investments, leading to potential loss of clients. The Role of Mutual Fund Software for IFA Mutual fund software for IFA like Wealth Elite provides essential tools and features that help MFDs select the most suitable mutual funds for their clients. These tools streamline the investment process and improve decision-making. Risk Profiling One of the key features of mutual fund software is risk profiling. This tool analyzes an investor's risk tolera...