Why are investors looking for MProfit alternatives?
MProfit is legacy portfolio management software originally built for accountants and chartered accountants on Windows desktops. While it offers deep accounting features, retail investors increasingly find it expensive (₹3,500–₹7,000+/year), Windows-only, and complex to set up with broker contract notes. Modern investors want a cloud-first, mobile-friendly tracker that imports CAS statements in seconds.
How does Arthavi compare to MProfit?
| Feature | Arthavi | MProfit |
|---|---|---|
| Price | ₹0 — Free forever | ₹3,500–₹7,000+/year |
| Privacy Model | Zero data selling, no email scraping, no broker passwords | Local data (Desktop) or cloud storage |
| Platform | Cloud — any browser, mobile, desktop | Windows desktop + Web (paid tiers) |
| Import Method | CAS PDF auto-import in 30 seconds | Broker contract notes, spreadsheet templates |
| Family Portfolio | Free multi-profile family tracking (unlimited PANs) | Paid multi-portfolio tier required |
| AI Features | Built-in Ask AI: overlap, sector, risk analysis | None — static tables only |
| XIRR Calculation | Automatic true cashflow XIRR | Available in paid tiers |
| Capital Gains Tax | LTCG/STCG reports included | Available (ITR filing focus) |
| Installation | None — instant browser access | Windows installer + database setup |
| Stock Tracking | Live NSE/BSE prices, no broker login | Manual entry or contract notes |
What does Arthavi offer that MProfit doesn't?
- Conversational AI Assistant — Ask questions about your portfolio overlap, sector concentration, and risk in plain English. Learn about Ask AI →
- Zero-cost family tracking — Track portfolios for Self, Spouse, Parents, and Children under one account at no extra cost.
- 30-second CAS import — Upload your CAMS/KFintech CAS PDF and see your entire mutual fund history instantly.
- Cross-platform — Use on any device: Mac, Windows, Android, iOS, Linux.
- Free calculators — XIRR, SIP returns, LTCG/STCG tax, and mutual fund overlap tools.
When should you stay with MProfit?
MProfit is genuinely better if you are a chartered accountant or HNI family office that needs:
- Double-entry accounting and detailed ledgers for filing ITR
- Offline-only data storage with no cloud component
- Broker contract note import for active traders processing hundreds of trades daily
For the vast majority of Indian retail investors who want simple, accurate, privacy-first portfolio tracking — Arthavi is the better choice.
How to switch from MProfit to Arthavi?
- Download your latest CAS PDF from CAMS or KFintech
- Sign up on Arthavi (takes 30 seconds, no broker credentials needed)
- Upload your CAS — your entire portfolio history appears instantly
- Add stocks manually or via CSV for complete wealth view
No broker login. No spam calls. Your data stays yours.
Frequently Asked Questions
What is the best free alternative to MProfit in India in 2026?
Arthavi is the best free MProfit alternative for Indian investors. It provides cloud-based portfolio tracking with automated CAS import, family portfolio aggregation, and AI-powered analytics — all at zero cost, compared to MProfit's ₹3,500–₹7,000+/year subscription.
How does MProfit pricing compare to Arthavi?
MProfit charges ₹3,500 to ₹7,000+ per year depending on the plan (Desktop or Cloud). Arthavi is 100% free for core portfolio tracking, including family portfolios, XIRR calculation, and AI portfolio analysis.
Does Arthavi work on Mac and mobile unlike MProfit Desktop?
Yes. MProfit Desktop is Windows-only software requiring local installation. Arthavi runs in any modern browser on Windows, Mac, Linux, Android, and iOS with no installation needed.
Can Arthavi import CAS statements like MProfit?
Yes. Arthavi imports CAMS and KFintech CAS PDF statements in under 30 seconds, automatically extracting all folios, transactions, and NAVs. MProfit relies on complex broker contract note imports and manual spreadsheet templates.
Does Arthavi have family portfolio tracking like MProfit?
Yes, and it's free. Arthavi includes native multi-profile family wealth aggregation at no cost. MProfit requires expensive paid tiers or separate licenses for multiple family members.