Mutual Fund Tracker helps investors and wealth managers to keep a close track of their individual/clients’ investment portfolios and assets under management. Using technology such as dashboards, Power BI, data science, AI etc., relationship managers can create client profiles along with all the family or group members and serve information readily. Investment reports can be drawn for each member of the family or for the whole family or group with all the additional information required for decision making purposes. The mutual fund tracker app integrates with other technologies and provides portfolio insights and reports to clients on a periodic basis. Valuation alerts, as well as profiling, can be set for each holding or at the portfolio level. Let’s discuss some of the benefits that mutual funds apps can provide to their users.
Customization and Report Formatting: High Networth Individuals, corporates as well as retailers have become very demanding in terms of services they receive. With the emergence of technologies such as dashboard, Power Business Intelligence and others the demand from such investors has grown many folds in terms of services. Mutual funds app can help you to provide detailed reporting by selecting headers of clients’ choice and providing them with all the relevant information at a go. One can see recommendations based on the risk appetite of individuals as well as all information pertaining to KYC. The mutual fund tracker app can provide detailed reports on holdings, purchases, and sales of mutual funds units readily to investors. It also provides customization based on clients’ requirements.
Control and Compliance: Mutual funds tracker app can calculate all the capital gains tax for investors without a need for tax experts. Present tax structures with respect to mutual funds are well programmed and designed in a mutual funds app so that clients can see their capital gains tax every time they decide to sell units of mutual funds. Mutual fund tracker app provides complete compliance requirements with respect to tax outgo as well as any changes required with respect to KYC. Mutual funds app is well integrated with other websites like CAMS which readily takes all information of the client by just giving PAN/Aadhar card details. If the KYC has been complied with then the investors can directly go to the mutual fund app and start investing immediately.
Meeting Diverse Needs: Mutual fund tracker can go beyond performance reporting and gives an insight into the actual exposure the clients are taking. Various reports highlight the exposure in companies, sectors, equity credit quality and instruments that the portfolio has taken based on the portfolio disclosure by the asset management companies. The application gets updated for all price and scheme master related information from asset management companies’ servers on a daily basis so that you get up-to-date information on valuation. Mutual funds tracker also updates all dividends related to investment portfolio and taxation thereon.
Merging the Analysis Based on Data science and Artificial Intelligence: Mutual fund tracker app allows you to automatically pull all your investments into a single dashboard, enabling you to have a real-time view of all your investments. The latest mutual fund tracker also comes with data science and artificial intelligence enables features which help investors to get real-time embedded information based on search history, asset profiling etc that even integrates with social media platforms. Thus, the list of mutual fund tracker benefits is endless. We have provided some of the most common benefits that mutual fund tracker provides in recent times with the emergence of new technologies.