Monday, June 23, 2008

Myirisplus - Your Indianised personal financial planner

myiris.com claims to be the owner of India's most comprehensive financial information databases, covering in-depth analysis of stocks, equity, mutual funds, loans, credit cards and commodity. The web site content is quite similar to other web sites that i have reviewed in past eg: moneycontrol.com, equitemaster.com, sharekhan.com. However, the biggest differentiator for myiris is myirisplus which is a personal financial software. In today's blog I would like to cover this exclusively primarily since this is the only company which has developed this much needed functionality. Myirisplus is a desktop application which can be downloaded from mmm.myiris.com. It is available for evaluation and is currently available at an offer price of Rs. 1800 for 12 months, for a family license of four users. So what can you do with myirisplus:
1. Consolidate different financial statements like banks, equity, MFs, FD's, loans, credit cards etc.
2. Track your investments
3. budget before spending
4. Plan your finances
5. evaluate various investment options
6. File your tax return
The software aims to cover the entire supply chain associated with personal finance management. It has four key features:
A. Consolidate financial records across multiple service providers
B. Generate tax returns and allow e-filing of returns
C. Draw a financial plan
D. Investment research

The software provides easy to use steps to guide user through all the four steps leading to effective financial planning and wealth creation. All one needs is to discipline his financial management habits and myirisplus can handle the rest !! After all its only a tool but an intelligent one :) !!

Try downloading it from here

5 comments:

  1. Nikhil,

    It surely is a well written article. Can a housewife also use this software or we need some skills to use the software.

    Does this website also helps to teach me the basics of investments in all kinds of markets.

    Pooja Singh

    ReplyDelete
  2. Hi,

    Mice article - the software can definitely be useful to many lay people.

    Poja,

    www.RaagVamdatt.com is a good website having lots of basic information about investments, investment planning, and personal finance in general. you can check it out.

    ReplyDelete
  3. Thanks. I will check out the website soon !

    ReplyDelete
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