Best MProfit alternative
The best MProfit alternative for a family whose portfolio does not need a chartered accountant's report is WealthGamma. It imports the same broker tradebooks and CAS statements, tracks stocks, funds, gold, PPF, FDs, property and loans for every member on their own PAN, works out capital-gains tax before you sell, and adds goals and projections MProfit does not have, for a one-time ₹2,999 instead of ₹18,000 a year. Value Research is the nearest free tracker.
MProfit is the most thorough capital-gains reporter in India, and since June 2025 its cheapest plan is ₹18,000 a year plus GST. WealthGamma tracks a family's net worth with tax before you sell and projections ahead, for ₹2,999 once.
By Hardik Vegad, founder of WealthGamma · Last updated
WealthGamma and MProfit at a glance
WealthGamma
Net worth tracker for Indian families
- Stocks, mutual funds, gold, PPF, FDs, property and loans in one net worth
- Every family member on their own PAN, from one login
- Capital-gains tax before you sell: FIFO lots, LTCG and STCG, ₹1.25 lakh exemption per PAN
- Goals funded by real holdings and projections decades ahead
- Imports Zerodha, Groww, CAMS, KFintech, NSDL or any CSV; exports to CSV any time
- Price:
- Free plan; lifetime plan from ₹2,999 once, 14-day money-back
- Priced by:
- Features, never by portfolio size
- Never asks for:
- Broker login, PAN or OTPs
MProfit
Portfolio accounting for HNIs and CAs
- Imports contract notes and tradebooks from 700 or more brokers, plus every CAS
- Tracks stocks, funds, F&O, PMS, AIF, bonds, property, loans and international assets
- Capital-gains reports in ITR, ClearTax and Winman formats, with grandfathering and indexation
- XIRR per asset, portfolio, family group and goal tag
- Relationship manager, two logins, Tally on the family office plan
- Price:
- HNI ₹18,000 a year plus GST; family office on request
- Free plan:
- None since 2024; free trial of unstated length
- Similar to:
- Value Research, Quicko, Sharesight
Why MProfit users are looking for an alternative
Most people searching for an MProfit alternative are not unhappy with the software. They are priced out of it. MProfit's archived pricing pages show what happened, and its App Store reviews from 2024 to 2026 say the rest.
- Cheapest plan went from free (2023) to ₹18,000/yr plus GST since June 2025
- Priced by portfolio size, which reviewers call charging by net worth
- Non-stock/fund assets go in via Excel templates; MF sync has a monthly quota
- No planning layer: no projections, no goals with a target, no tax-loss harvesting
- Support by email/callback; 2025-2026 reviewers mention slow replies
TLDR: Portfolio accounting for HNIs/CAs: 700+ broker imports, ITR/ClearTax/Winman capital-gains reports with grandfathering and indexation, from ₹18,000/yr plus GST.
Gaps: no free plan and no tier under ₹18,000/yr, no projections or retirement view, goals are just transaction tags, other assets need templates.
WealthGamma imports the same tradebooks and CAS plus any CSV, tax before you sell, goals and projections included, ₹2,999 once instead of ₹18,000/yr.
Sources
- MProfit pricing for investors (HNI ₹18,000 a year plus GST; Family Office on request)
- MProfit pricing page, archived 29 January 2023 (free plan, Lite ₹200 a month, Plus ₹500 a month)
- MProfit pricing page, archived 10 February 2025 (Lite and Plus still listed; gone by June 2025)
- MProfit features (unrealised gains before selling; report formats)
- MProfit help: goal and strategy tracking (goals are tags, no targets or projections)
- MProfit on the App Store (user reviews dated 2024 to 2026)
MProfit is excellent accounting software and its capital-gains reports are more thorough than ours; nothing on this page says otherwise. The comparison is about price and about what a family needs beyond a report.
WealthGamma vs MProfit: feature comparison
Of the 27 features compared below, MProfit offers 18, and on accounting depth it wins: F&O, PMS, AIF, international assets, 700 or more broker formats and ClearTax and Winman exports. WealthGamma offers 21, adding a dividend calendar, tax-loss harvesting, goals with a target, projections, a free plan, a one-time price and no pricing by portfolio size.
| Feature | WealthGamma | MProfit |
|---|---|---|
| Coverage | ||
| Stocks and mutual funds | Yes | Yes |
| Gold, PPF, EPF, FDs | Yes | Yes |
| Property and loans | Yes | Yes |
| F&O, PMS, AIF, bonds | No | Yes |
| International assets | No | Yes |
| Family members, per PAN | Yes | Yes |
| Dividend calendar, earned and upcoming | Yes | No |
| Analysis | ||
| Gain and loss | Yes | Yes |
| XIRR | Yes | Yes |
| Tax before you sell | Yes | Yes |
| Capital-gains report in ITR format | Yes | Yes |
| ClearTax and Winman export formats | No | Yes |
| Tax-loss harvesting suggestions | Yes | No |
| Goals with a target and monthly gap | Yes | No |
| Net worth projections | Yes | No |
| Import and export | ||
| Broker tradebook import | Yes | Yes |
| Contract notes from 700 or more brokers | No | Yes |
| CAMS, KFintech and NSDL CAS import | Yes | Yes |
| Mutual fund auto-sync, quota per month | No | Yes |
| CSV import with column mapping | Yes | Yes |
| Export your data | Yes | Yes |
| Pricing | ||
| Free plan | Yes | No |
| Plan under ₹5,000 a year | Yes | No |
| One-time purchase | Yes | No |
| Money-back guarantee | Yes | No |
| Priced by features, not portfolio size | Yes | No |
| Relationship manager | No | Yes |
MProfit details from its live pricing, features, import and help centre pages, archived copies of its pricing page from January 2023, February 2025 and September 2025 on the Wayback Machine, and App Store and Google Play reviews dated 2024 to 2026, all checked 9 September 2026. WealthGamma details from the product as of ; the pricing page has current plan limits.
Price takeaway
MProfit's HNI plan is ₹18,000 a year plus GST, with nothing below it, and the wealth plan for advisers starts at ₹6,000 a month. WealthGamma's free plan tracks one portfolio with no expiry; the lifetime plan is ₹2,999 once for the family view, tax and projections, with 14 days to get your money back. Six years of MProfit buys forty lifetime plans.
Key differences
MProfit and WealthGamma differ in four ways: who it is for (HNIs, family offices and CAs versus families), what it produces (accounting reports for filing versus a plan for the years ahead), how data gets in (700 broker formats and Excel templates versus files you upload with a mapping set once), and price (₹18,000 a year by portfolio size versus ₹2,999 once).
Accounting for a CA vs a plan for a family
MProfit's output is a report: capital gains in ITR, ClearTax and Winman formats, with grandfathering and indexation, across PMS, AIF and F&O. WealthGamma's output is a number and a plan: what the family is worth today, what a sale costs in tax, whether the goals are funded, and where the number goes over twenty years. How projections work.
Tax to file vs tax before you sell
Both show unrealised gains before a sale. MProfit's strength is the filing side: ISIN-level reports a CA can drop into tax software. WealthGamma's is the decision side: FIFO lots, LTCG and STCG and the ₹1.25 lakh exemption per PAN on the exact units you are about to sell, plus tax-loss harvesting suggestions before 31 March. How the capital-gains tax planner works.
Templates and quotas vs a file you upload
MProfit reads contract notes from 700 or more brokers, and everything else comes in through Excel templates; mutual fund auto-sync uses a monthly quota of statement refreshes. WealthGamma reads the Zerodha, Groww, Upstox and Angel One tradebooks, the CAMS, KFintech and NSDL CAS, and any CSV with a mapping you set once. Importing any CSV or Excel file.
₹18,000 a year by portfolio size vs ₹2,999 once
MProfit prices by how much you own: ₹18,000 a year plus GST under ₹25 crore, more above it, and nothing cheaper since the Lite and Plus plans were withdrawn in June 2025. WealthGamma prices by what you use: a free plan with no expiry, and a lifetime plan from ₹2,999 with everything in it. Plans and what they include.
Which should you use?
Use WealthGamma when
You want one number for the whole family's wealth, the tax on a sale known before you place it, goals with a monthly gap and the next twenty years projected from real holdings, at a price that does not depend on how much you own.
Choose WealthGamma if
- Family portfolios: spouse, parents, children, each on their own PAN
- Stocks, funds, gold, PPF, flat and home loan, not PMS or F&O
- Tax known before you sell, with harvesting suggestions
- Goals with a monthly gap, funded by real holdings
- Net worth projected decades ahead
- Dividend calendar: earned and upcoming
- A file uploaded once a month, mapping set once
- One price, whatever the portfolio size
Use MProfit when
You hold PMS, AIF, F&O or unlisted shares, file through a CA who wants ClearTax or Winman files, and a ₹18,000 a year accounting tool with a relationship manager is a rounding error on the portfolio.
Choose MProfit if
- PMS, AIF, F&O, bonds or international assets to account for
- A CA who wants ClearTax or Winman files
- Reports across a family office with Tally
- A relationship manager on call
- ₹18,000 a year is small next to the portfolio
Who should not switch to WealthGamma?
WealthGamma tracks and plans; it does not trade, sync or publish news. Four needs are better served elsewhere, and this list is meant literally: if one of these matters, do not switch.
- Buying and selling inside the app
- Automatic syncing by linking brokers or sharing an inbox
- US stocks, or crypto priced live from exchanges
- Market news and research next to the portfolio
If that is you, one of the trackers below is the better fit.
Other MProfit alternatives worth knowing
Five trackers MProfit users move to, with the price, who each suits and the catch. Value Research is the nearest free tracker with research attached. INDmoney and Kuvera are free apps that sync for you. Moneycontrol is free and simple. None of them produces ClearTax or Winman files.
| Tracker | Price | Best for | The catch |
|---|---|---|---|
| WealthGamma | Free plan; lifetime from ₹2,999 | A family's whole net worth, per PAN, with tax before you sell and projections ahead. | No trading, no auto-sync, no US stocks, no news. |
| Moneycontrol Portfolio Manager | Free | Someone who wants the closest thing to ET Portfolio: a free stock and fund list inside a news site. | Reviewers report you cannot bulk-upload sell transactions, so history has to be entered one sale at a time. |
| Value Research | Part of Value Research premium, about ₹5,000 a year | Mutual fund investors who want deep fund analysis with the tracker. | Paid yearly, and stocks are secondary to funds. |
| INDmoney | Free | Someone who wants everything auto-synced and does not mind how. | It reads your email and links to brokers to do it, so a third party holds your financial data. |
| Kuvera | Free | Direct fund investors who want a sell preview and family accounts in a free app. | Funds only; extras cost coins, and reviewers report missing features since the April 2026 CRED redesign. |
| Groww | Free for mutual funds; ₹20 per stock order | Someone who wants direct funds and a stock broker in one free app, with outside funds imported via MF Central. | A broker first; tracking outside holdings is basic and there is no net worth view. |
| ET Money | Free; Genius membership is paid | Direct mutual fund investors who want fund analysis and a simple tracker in one app. | Owned by 360 ONE since 2024; funds first, stocks secondary, and the app sells products. |
Prices and features as published by each company or reported in user reviews, checked . Tell us if one is out of date.
Questions MProfit users ask before switching
Short answers to the six questions MProfit users ask most, from why the price changed to what happens to your capital-gains history when you move.
How much does MProfit cost?
The HNI plan is ₹18,000 a year plus GST for portfolios under ₹25 crore, with two logins and twenty mutual fund statement refreshes a month. Family offices above ₹25 crore are priced on request. The wealth plan for advisers starts at ₹6,000 a month plus GST. There is no free plan and no cheaper plan; Lite at ₹2,400 a year and Plus at ₹6,000 a year were withdrawn in June 2025.
Why did MProfit's price go up?
MProfit repositioned from a retail tracker to software for HNIs, family offices and CAs. Its archived pricing pages show a free plan in January 2023, Lite and Plus plans through May 2025, and only HNI and Family Office plans from June 2025. Reviewers who paid about ₹3,500 a year earlier describe the new pricing as charging by portfolio value.
What is the best alternative to MProfit?
For a family that wants net worth, tax before you sell, goals and projections at a one-time price, WealthGamma. For a free tracker with fund research attached, Value Research. For ITR filing with broker imports rather than ongoing tracking, Quicko or ClearTax. If you hold PMS, AIF or F&O and file through a CA, MProfit is still the right tool.
Can I export my data from MProfit?
Yes. Every report, including transactions, holdings, income and capital gains, downloads as Excel or PDF from the web and mobile apps. For a clean move, export the transaction report per portfolio; it carries the buy dates and prices any tracker needs to rebuild your cost basis.
How do I move from MProfit to WealthGamma?
Either export the transaction report from MProfit and import it as a CSV, mapping the columns once, or go to the source: the tradebook from each broker and the CAS from CAMS or KFintech for funds. In WealthGamma, Settings, Import Data reads Zerodha, Groww and CAS files as they are. Every buy keeps its date and price.
Does WealthGamma produce ITR-format reports?
It produces a capital-gains report per PAN and financial year with FIFO lots, LTCG and STCG and the exemption applied, which you or your CA can use for the schedule. It does not export ClearTax, Winman or other tax-software formats. If your CA needs those files specifically, MProfit or Quicko is the better fit for filing.
Compare WealthGamma with other trackers
- ET Portfolio alternative
- INDmoney alternative
- Kuvera alternative
- Kubera alternative
- Value Research alternative
- Fi Money alternative
- ET Money alternative
- Moneycontrol Portfolio alternative
- Zerodha Console alternative
- Excel Portfolio Tracker alternative
- Sharesight alternative
- Dezerv Wealth Monitor alternative
- Tickertape alternative
- MF Central alternative
- Delta alternative
Start with the free plan, import tonight
Free plan: 1 portfolio, unlimited stocks, mutual funds and gold priced daily, 1 SIP, 1 goal, 1 loan. No card, no expiry. Paid plans include a one-time lifetime plan from ₹2,999. Every paid plan has a 14-day money-back guarantee. Export everything to CSV whenever you like from Settings.
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