“Investing is much like sailing a ship. The sailor can’t control the wind, but they can adjust the sails.” This famous quote from Warren Buffet highlights the importance of tools and strategies in navigating the financial markets. One such tool that is indispensable for investors is a portfolio management software (PMS). It helps in monitoring investments, tracking their performance, and making informed decisions.
A PMS is like a personal financial assistant, a one-stop solution for all your investment needs. It collates data from various sources and provides a comprehensive view of your investments. But with so many options available in the market, which one should you choose?
The answer is simple – Jama Wealth’s portfolio tracking app available on iOS, Android and Web. Let’s delve into why Jama Wealth’s software is arguably the best in India.
Unmatched Portfolio Tracking
Jama Wealth offers a seamless portfolio tracking feature for stocks and mutual funds. Users get live updates on their investments, keeping them up-to-date with market trends. Plus, its intuitive interface lets you import your NSDL statements and Excel sheets of all stocks and mutual funds, making it easier to consolidate your portfolio.
Detailed Analysis
Performance analysis is the cornerstone of successful investing. Jama Wealth provides detailed analysis of your investments. You can learn about your gains, XIRR, average holding period, realised and unrealised gains. You can also drill down to specific stocks and mutual funds and transact right from there.
Family Portfolio Tracking
Managing investments for the entire family can be a daunting task. Jama Wealth’s family portfolio tracking feature allows you to manage multiple portfolios from one account. You can add any number of family members and track their investments separately.
Automated Reports and Reminders
Keeping track of multiple investments and SIPs can be overwhelming. Jama Wealth sends you monthly portfolio reports and SIP reminders to ensure you never miss a beat.
Performance by Strategy
Not all investment strategies are created equal. Jama Wealth allows you to track the performance of your investments based on different stock strategies. This helps you identify which strategies are working and which are not.
Held Away Tracking
Have stocks or mutual funds outside of Jama Wealth? No problem. You can track these ‘held away’ investments and get the same detailed analysis as your Jama Wealth holdings.
Risk Profile Alignment
Not all investors are the same. Each person has a unique risk tolerance and investment objective. Jama Wealth ensures that your investments align with your risk profile. It provides you with personalised advice based on your risk tolerance and financial goals.
Goal-based Planning
“Risk comes from not knowing what you’re doing,” said Buffet. To mitigate this risk, Jama Wealth provides a robust goal-based planning feature. You can tag your investments to specific financial goals, making your planning come alive. It helps you understand your progress towards achieving these goals and adjusts your investment strategy accordingly.
Retirement Planning
Planning for retirement is often a complex task. Jama Wealth simplifies it. Its advanced retirement planning feature helps you calculate your retirement corpus based on your current lifestyle and future inflation. You can know your monthly run rate and compare it with the required run rate to achieve your retirement goals.
In essence, Jama Wealth is not just a PMS or an Investment Advisor. It’s a comprehensive wealth management platform that caters to all your financial needs. Its advanced features and intuitive interface make it the best choice for investors looking to grow their wealth confidently.
