Most Indians have no idea what their actual investment returns are. They know they invested Rs 10,000/month in a SIP for 3 years and the current value is Rs 4,50,000, but the 25% absolute return is misleading because each installment has been invested for a different duration. The correct measure is XIRR (Extended Internal Rate of Return) — in this example, approximately 15.2% annualized. Finamize provides this institutional-grade analytics that was previously available only to wealth management clients paying Rs 50,000+ in annual advisory fees.
The dashboard shows your complete portfolio across asset classes — equity, debt (FDs, PPF, debt MFs, bonds), gold (physical, SGBs, ETFs), real estate, and cash. Each holding shows current value, invested amount, gain/loss, and XIRR. The asset allocation view compares your actual composition against targets based on your risk profile. Goal progress tracking links investments to objectives (e.g., 'Child's Education — Rs 25 lakh by 2032'), showing current progress, projections, and any additional contributions needed.
Finamize offers Free (basic portfolio view, absolute returns, one goal) and Pro tiers. Pro unlocks XIRR across all holdings, detailed asset allocation with target comparison, benchmark comparison against Nifty 50/Sensex/category indices, multi-goal tracking, tax harvesting suggestions (e.g., booking LTCG up to Rs 1.25 lakh exemption annually), rebalancing alerts when allocation drifts beyond 5%, portfolio overlap analysis across mutual funds, and direct vs regular plan cost comparison showing the long-term impact of expense ratio differences.