MProfit

The clarity your wealth deserves

[MProfit @MProfit]

An absolute honour to meet our amazing investor, Nithin Kamath, @Nithin0dha at Zerodha HQ in Bangalore this week!

Kiran, Ashin and @Atik_MProfit from our team had a great conversation with Nithin & the @zerodha / @Rainmatterin team about what we are building at MProfit. It was refreshing to gain their perspective on how we can deliver more value in portfolio tracking & reporting to savvy investors in India.

We’re really thankful for Nithin’s belief in us, as we move forward in our journey 😀

At MProfit, we remain focused on helping investors track their portfolios effectively and gain better visibility into investment performance across asset classes & platforms.

[MProfit @MProfit]

Follow us at @MProfit if this thread gave you value 😀

Like + RT the first tweet to spread the word 🙏

Did you know MProfit helps you track all your investments & provides XIRR reporting across your portfolio?

Check out this explainer to learn more:
https://t.co/Kfol8Ojpl6

[MProfit @MProfit]

If you are struggling to view your family’s investments in a single place, MProfit might just be the tool you are looking for:

An app that allows you to track investments for your entire family, across asset classes & brokers 🙂

Here’s a detailed explainer (1/8)

[MProfit @MProfit]

🚨 𝗥𝗕𝗜 𝗵𝗮𝘀 𝗸𝗲𝗽𝘁 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼 𝗿𝗮𝘁𝗲 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 𝗮𝘁 𝟱.𝟮𝟱%, 𝗯𝘂𝘁 𝘁𝗵𝗲𝗿𝗲'𝘀 𝗮 𝗰𝗵𝗮𝗻𝗴𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗯𝗮𝗹𝗮𝗻𝗰𝗲 𝗼𝗳 𝗿𝗶𝘀𝗸𝘀.

Compared to the previous policy, the RBI now expects slower growth, higher inflation, and a more uncertain global environment. 👇🏼🧵 (1/6)

[MProfit @MProfit]

𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳 - 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘨𝘦𝘯𝘦𝘳𝘢𝘭 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘍𝘰𝘳 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘵𝘢𝘭𝘬 𝘵𝘰 𝘢 𝘭𝘪𝘤𝘦𝘯𝘴𝘦𝘥 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭.

[MProfit @MProfit]

Follow us at @MProfit if this thread gave you value 😀

Like + RT the first tweet to spread the word 🙏

Did you know MProfit helps you track all your investments & provides XIRR reporting across your portfolio?

Check out this explainer to learn more:
https://t.co/Kfol8Ojpl6

[MProfit @MProfit]

If you are struggling to view your family’s investments in a single place, MProfit might just be the tool you are looking for:

An app that allows you to track investments for your entire family, across asset classes & brokers 🙂

Here’s a detailed explainer (1/8)

[MProfit @MProfit]

(1/9)
AI may be built on code.

But it runs on power, infrastructure and physical systems.

A thread on the hidden economy behind AI. 🧵

[MProfit @MProfit]

(9/9)
The most interesting takeaway?
The next phase of AI may not be limited by the ability to build models.
But by the ability to build everything around them.

[MProfit @MProfit]

Yes, physical delivery of gold is one of the core features of EGRs (at the discretion of the beneficiary owner or BO). BOs can convert eligible EGR units into physical gold through the prescribed withdrawal process. The delivery is subject to denomination requirements, vault availability, applicable charges and the chosen withdrawal location.

[MProfit @MProfit]

𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰 𝗚𝗼𝗹𝗱 𝗥𝗲𝗰𝗲𝗶𝗽𝘁𝘀 (𝗘𝗚𝗥𝘀) are now trading on NSE. It gives investors 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗮𝘃𝗲𝗻𝘂𝗲 𝘁𝗼 𝗮𝗰𝗰𝗲𝘀𝘀 𝗴𝗼𝗹𝗱, alongside Gold ETFs, Sovereign Gold Bonds and physical gold.

For India’s gold market, this is an important development and the practical details matter:
Liquidity, bid-ask spreads, storage fees, withdrawal charges, broker availability, taxation and vault logistics will shape how useful EGRs become in practice.

𝗪𝗲 𝗵𝗮𝘃𝗲 𝗽𝘂𝘁 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝗮 𝗰𝗿𝗶𝘀𝗽 𝗼𝗻𝗲-𝗽𝗮𝗴𝗲𝗿 𝗰𝗼𝘃𝗲𝗿𝗶𝗻𝗴:
➡️ What EGRs are
➡️ How the SEBI-defined lifecycle works
➡️ How they compare with Gold ETFs, SGBs and physical gold
➡️ Key costs, tax points and delivery considerations

For anyone tracking India’s gold investment landscape, EGRs are worth understanding.

#ElectronicGoldReceipts #EGRTrading #AlternativeInvestments #GoldLiquidity #WealthManagement #MProfit

[MProfit @MProfit]

@kpraveen_ @AdityaD_Shah Good point. EGRs do have an extended trading window compared to Gold ETFs and SGBs, which trade during regular market hours.

That could be a meaningful feature for investors looking to transact closer to global gold-market hours and react to international price movements. 🙂