FAQ

Get answers to the most frequently asked questions from our team

What is Qfinr

What is Qfinr.com?

All investors want to make investment decisions based on evidence. However most investors are at a disadvantage in terms of access to data and analytics compared to their wealth manager. Therefore, they take instinctive, opinion based decisions. Qfinr fills this gap by offering high quality data and analytical tools to help investors make more intelligent and data-driven decisions.

We recognize that no two investors have the same approach to investments. Everyone is unique. And with Qfinr you are in control of your decision. We ensure that the data and analytics are institutional grade for you to make intelligent decisions based on the data. It's as simple as that.

Qfinr is now open selectively to users on an invitation only basis. To be invited as one of our early users simply register your interest online on our website, or send an email to care@Qfinr.com.

Qfinr starts with the Investor at the centre.

  1. Qfinr seeks to understand your risk profile via a set of simple but incisive 17 psychometric questions to determine your approach to risk, return and time horizon for investments.
  2. Qfinr then asks you to upload your existing portfolio, if one exists. We have easy-to-use uploads from your NSDL, CDSL, CAMS, Karvy and a growing number of broker files. In a couple of clicks, your portfolio is in Qfinr. If there isn’t a portfolio, you could upload a portfolio you are considering.
  3. Every day, Qfinr will send you simple but timely alerts on your portfolio and the holdings - to ensure you know what is happening to your portfolio.
  4. The Analyse module allows you to evaluate your portfolio against the desired risk and return for your specific risk profile. You’ll know if your portfolio is suitable for you, what the portfolio is made up of (top 10 holdings including disaggregating the holdings of your mutual funds and ETFs), which sectors are you exposed to and more. You can also compare the portfolio’s performance against a range of benchmarks. This is designed to generate a better discussion with your wealth manager and to examine the riskiness or return characteristics of the existing portfolio. All presented in an intuitive, easy-to-understand graphical format. And if you are a numbers person, we have the same ratios and analysis that professional money managers use!
  5. The Analyse module is also designed to do a what-if analysis to help you get closer to the preferred outcomes by making changes to your portfolio. Scenario planning is a breeze : copy your baseline portfolio, add new holdings and analyse the new scenario. Looking for a particular type of stock, mutual fund or ETFs, our powerful screener makes screening easy.
  6. Once you get a better handle of your investment style, risk tolerance levels, and the suitability of her current investments, explore fresh investment ideas and themes, discover unique market insights and deeply understand the strength and weaknesses of mutual fund schemes using our proprietary quant driven analysis models.

All of the above is ready for the Indian Market with Indian stocks, ETFs, mutual funds and bonds. In addition, Qfinr has popular stocks and ETFs listed in the US, London, Europe, Switzerland, Singapore and Hong Kong also available. These may require in-app purchases and specific permissioning. Don’t find the stock, mutual fund, ETF or bond? Simply drop us an email at care@Qfinr.com and we will look to add it to our growing database of instruments.

All investors need access to high quality market data and independent analysis of one’s own portfolio. If this were available either online or on a phone app to be looked at anytime and all days of the week, then so much the better. At the very least, the access to the independent world class analysis equips the investor to have a quality conversation with his Wealth Manager. On the other end of the spectrum, this access allows the investor to make his own independent judgement about the suitability and impact of the recommendations on his / her portfolio. Qfinr adds data and depth to your discussions with your wealth manager making for better decisions.

Who can say no to world class analysis available 24 X 7 X 365.

Qfinr has 1825 assets in its database for India. These comprise 9 INR bonds of PSUs, 43 popular ETFs, 517 popular Funds and 1256 of the most traded retail stocks.

Another way to look at what Qfinr has is as follows:

  • All the stocks in Nifty 500 and BSE 1000 plus some more.
  • Almost every ETF and the most popular Funds

The table shows the full list of instruments in the database as on 15th June 2021.

We keep adding to the database. If you don't find your stock, bond, ETF or fund on Qfinr, just drop us a line at care@Qfinr.com.

Tax is a specialist subject. Qfinr recommends that you approach a tax specialist for all taxes due. Qfinr will help the process by uploading transactions posted on the platform in an excel format in a subsequent release of the software.

Please write to us at care@qfinr.com and we will look at it. We take each suggestion seriously. We put all suggestions into a long list and choose the ones that are important to our users or have been suggested by more than one person into a shortlist for further work. These recommendations are usually executed in the forthcoming upgrades of the Qfinr platform.

The choice of platforms is a personal choice. There is no difference in the tools and analytics that an App user or a Desktop user uses. There is one key difference though in the Create Portfolio module. The desktop version has multiple modes of creating portfolios from broker, custodian or bank statements. Please explore the desktop version to see the full power of the Create Portfolio module.

We recommend that Qfinr be used daily. First, please permit the receipt of notifications. The Qfinr notifications are only sent for important and large sized movements; so you will not be disturbed by the minutiae of daily changes in your assets. Second, please put in the details of your trading activities so that your portfolios are up to date at all times. Finally, definitely look at the portfolio and redo your risk profile after every large movement in the market.

We have no plans to charge for Qfinr at the moment. Of course, in the future we might look at charging a small amount of an annual fee to cover our variable costs.

Qfinr can record and analyse deposits, bonds, funds, stocks, ETFs listed in the Indian, United States, UK, Europe, Hong Kong and Singapore exchanges. All in all, Qfinr has more than 5,800 assets in its database.

Please send an email to care@qfinr.com with the subject line “add new country” and we will put it in the queue for enhancement of the App.

Well it depends on what you mean by refreshed. Your portfolio is updated every time it is refreshed with an operation. The operation might be the addition of a new asset or portfolio. The asset prices that are used are the previous day’s closing prices. So the portfolio value remains the same unless there is a change in the portfolio composition.

The data and the graphs on the Dashboard are from the Live portfolios. Notifications too are only for those portfolio’s marked Live. On the other hand, Watchlist portfolios can be used for Analysis module once chosen.

Strengths and Weaknesses

What are the strengths of Qfinr.com?

The Qfinr Architecture has multiple advantages, with the biggest benefit being the ability to offer a fully thought out comprehensive quant driven “analysis and advisory” solution to Individual Investor clients in those markets which require such an approach, while offering a SAAS solution for Enterprise clients in other markets. Another unique feature of Qfinr is the ability to analyse multi-geography, multi-asset, and multi-currency portfolios.

Qfinr has the most extensive range of portfolio analytical tools compared to any Wealth Management App across the world.

There are a few Fintech companies who provide WM analytical tools as a part of their overall offering, but none are as comprehensive and extensive as us. In addition, the extent of information and analysis presented in “Know Your Fund / ETF” module is significantly more than any other provider, including some of the popular household names.

We work for the investor. We specialise in providing portfolio analytics. We do not host ads, or provide access to trading engines nor do we monetise aggregated client data. So our app has been build ground up to provide best in class analytics. We continue to improve the range and breadth of coverage and analytics.

All of this has just one purpose : help you in your financial decisions.

Qfinr is focussed on the analytics and advisory side of the business. We are focussed in one area. So questions, other than portfolio analytics or portfolio construction, can be best answered by your wealth advisor.

Qfinr offers quantitative and graphical tools to help an investor make better investment decisions. Qfinr exclusively focuses on financial analytics and in certain markets (e.g. India) on the advisory parts of the business. Unlike other Apps, it does not offer the facility for transactions.

Unlike robo-advisors or financial advisors who promise to manage your investments, Qfinr believes that you need to be in the driver’s seat to manage your financial future. For this you need the data and tools to make the decisions that work for you. With these you can ask your advisors the questions that will lead to better financial outcomes for you. Qfinr is an unbiased provider of data and analytical tools - and we are committed to remaining so. Enabling and improving your decision making process is our sole purpose.

Data and Third Parties

Do you sell any data from Qfinr?

Qfinr does not sell data, does not profit from data in any form. It has no ads, no product placements or marketing messages. As of now, Qfinr offers its platform for free though it might charge a subscription fee at some stage in the future. If it does charge a subscription fee, then that will be the sole source of revenue for Qfinr.

Qfinr does not sell aggregated data, does not profit from data in any form. It has no ads, no product placements or marketing messages. As of now, Qfinr offers its platform for free though it might charge a subscription fee at some stage in the future. If it does charge a subscription fee, then that will be the sole source of revenue for Qfinr.

Qfinr has no ads, no product placements or marketing messages. Qfinr does not receive commissions or fees or payments from anyone. As of now, Qfinr offers its platform for free though it might charge a subscription fee at some stage in the future. If it does charge a subscription fee, then that will be the sole source of revenue for Qfinr.

Qfinr’s market data is sourced from the best financial data provider in the world, Refinitive.

No. We are a truly independent investment analytics platform. We have no alliances, no preferred product providers. We work alongside your current product providers and advisors as an independent provider of data, information and insights.

Qfinr is an Investment Analytics platform. Qfinr’s unique offering is the risk and return insights it offers to its subscribers. Qfinr does not offer price data for download.

Qfinr wishes to remain truly independent and offer a unique service to its subscribers. Qfinr believes that specialising in Investment Analytics i.e. offering risk and return insights about its subscriber’s portfolios is a service that its subscribers will value. It does not wish to offer transaction services.

Qfinr is a forward planning Investment Analytics App. The most important data point for us are the daily closing prices of Assets. As the live prices are not relevant for our analysis or recommendations, we do not store live prices. We are also not in the real time price data distribution business.

Information Security

How secure is my personal information with you?

Qfinr ensures confidentiality of client data and data security above all else. The database is encrypted and internal protocols ensure that no one other than you can access sensitive data.

The Qfinr platform is hosted on Amazon’s AWS. We use industry standard encryption tools and techniques to protect your data from external parties. In addition, your data is encrypted when you enter information in the Qfinr database, and again when it is retrieved from the database to reduce the risks of third party snooping.

Your data is not visible to our engineers too. We have a separate production environment which needs dual sign off from managers for an engineer to access.

Your financial information is yours. It cannot be seen by either our internal engineers or external parties. We do not use your financial information for anything else except to give you insights to your portfolio. It is secure in a production environment which is housed in Amazon’s AWS, the world's foremost cloud storage environment.

My Account

Can I change the email id once I have set up the account?

Yes, please send an email requesting the same to care@qfinr.com.

Simply click on the “Forgot my password” link on the login page and we will send you an email with a temporary password that you can use to reset your password.

Hopefully you’ll never need to do this. In the unlikely event, send an email to care@qfinr.com with your account details, and we will close your account and delete all information for the account.

Using Qfinr

How can I use Qfinr?

Please see our website https://app.Qfinr.com to access the desktop version of the platform. Alternatively, you can download the apps from the Android or Apple App Stores.

Once you have the App loaded and working, then open the App by tapping on the logo on your phone screen. You will be prompted to set up your 4 digit Login Passcode. You will be prompted for biometric identifiers such as your fingerprint too. Please allow this too as it will make your App experience better. Now you are all set to go.

After your login, you will see a screen with a personalised greeting and a button saying Add Investments. Click on the button which will take you to the “Add New Portfolio” screen. Here you have three choices of which only two are enabled now. To enter your portfolio in bulk using the “Import from Excel” option or the “Add Manually” option which helps you add assets manually.

If you press the “Import from Excel” button, you will receive an email in your registered mail box with an excel template. Fill in the Excel Template as indicated and reply back on the email with the filled in Excel File saved and attached. Please do note that the system identifies each asset – stock, etf or fund – with a RIC. The database of the RICs are in a separate sheet on the same excel file.

If you click on the “Add Manually” button, the sequence of screens you will see are

=> Add New Portfolio > Add Securities > Search for the Security > Click on the Right Security > Add > Fill in Template > Save > Create > View Portfolio

Pro-Tips: Search for the security with the full name. For example, Reliance Industries is best searched under Reliance and not RIL.

This is a repeat of the point above. Careful.

There are a number of ways to upload your assets to the Qfinr Platform.

First, you can manually enter your investments to Qfinr. Please go to the “Manage” module on the App. Then click on

=>Add New Portfolio > Add Securities > Search for the Security > select Security > Add > Add Units > Save > Create > View Portfolio

Pro Tip –

  1. if you want to add multiple assets to the portfolio then keep on adding securities via the Add Security feature, then add units before you
    =>Save>Create>View Portfolio.
    We have also got some easy ways for you to enter equal-weighted or equal-shares portfolios.
  2. If you are simply interested in the forward analysis of your portfolio and are not really interested in the past, just enter the security and the number of units. We will automatically update price!

Second, you can upload portfolios using the auto-load feature of the App. Qfinr supports multiple modes of loading securities. Please use the one that suits you best. Note: This feature works best on the desktop version of the App.

When you click on the Add New Portfolio button in the “Manage” module, you will see a screen with two banners – Import and Add Manually. Click on Import. You will see a page with a number of Options. The Options are Qfinr, Custodians, Brokers, Banks and Others. Let’s go through these one by one.

  1. Qfinr. If you maintain an excel spreadsheet on your home computer to manage your portfolio, then you can simply export into Qfinr. Please click on the Download Sample tab on the right to get a copy of the Qfinr template, copy paste the appropriate columns, save the new file in your hard drive and upload the same using Qfinr as the source name. We have two sample files - one for securities and financial assets and the other for fixed, savings and other deposit/cash accounts. Do remember to choose the right one! PS: You can also send us the file via email if you are using your phone app. Just remember to have the right subject line in your email to care@qfinr.com.
  2. Custodians: As of now, Qfinr supports uploads from CAMS / KARVY, NSDL and CDSL. For NSDL and CDSL, please go to your mailbox, download the latest statements, make a note of the password required to open the statement, and follow the steps mentioned on the page.

For Karvy and CAMS: Goto: https://new.camsonline.com




Click “View More in Transactions” card. You’ll come to the transaction page.




Click on Statements




If you want to just upload your holdings as of the date : Click portfolio valuation statement




  • Enter Email registered with any fund house
  • In delivery option: choose from one of the two (delivery link or encrypted attachment)
  • In Mutual Funds select All funds
  • Choose Excel as Statement Format
  • Enter a password which will be used to encrypt your file
  • Click submit and you will see



  • Await the email from CAMS and open the excel file.
  • If you want a detailed transaction statement: click on Transaction Details



  • Email registered with any fund house
  • In Mutual Funds select All funds
  • Choose period from and to
  • Choose Excel as Statement Format
  • Enter a password which will be used to encrypt your file
  • Click submit and you will see the Success page as before


  • CAMS will send you an email with a link to download the excel file as a zip folder. Double click on the zip file and enter your chosen password and the zip file will open as a folder with 2 excel files : the first is the current valuation and the second is the transaction file. Simply upload either excel after selecting Karvy / CAMS on the menu.

  1. Brokers: Currently, Qfinr supports Zerodha. Others will be added as we go along. Please go to the Holdings page on Zerodha, click on Download (top right of the page). The downloaded CSV file can be uploaded from the Qfinr upload page.
  2. Banks: HDFC Securities, ICICI Securities and Kotak Securities are supported. Please download your portfolio from your Bank Custodian. For HDFC Securities, please go to the main page, click on Equity Summary under the Portfolio Tab and then click on the Export button.

The sequence is:

=> Portfolio>Equity Summary>Export.

This downloads an excel file that can be uploaded to Qfinr.

If your broker is not listed on the upload page, please do let us know at care@qfinr.com. Please also send us the statement you wish to upload on this email address and we will help you upload the data. We will also create a template for uploading data from your broker, so you will be able to auto-upload data from your broker in the future.

There could be a few reasons for this. First, and the more likely case is that the reporting format that your broker or custodian uses has changed. Second, it could also be that the specific security that you have in your portfolio is not in our database or that the name used for the security is non-standard.

In any case, please do let us know at care@qfinr.com and we will sort out the problem. This does mean that you will have to separately enter this security in your portfolio with a lag of a day or two.

Most investors have accounts with multiple wealth managers / brokers. Every wealth manager / broker has their own unique statementing process making it very difficult to build an integrated view of a portfolio. At Qfinr, we have simplified the process of integrating all these myriad of statement formats so that you, the investor, can focus on the most important issue - your portfolio.




Qfinr reads NSDL and CDSL pdf statements and extracts holdings directly from the statement. Simply log in to your Qfinr account on your desktop, click ‘Add New’ under the ‘My Portfolio’ tab and click ‘Import’




Enter the name of the portfolio in the ‘Portfolio Name’ box, select NSDL (if it is an NSDL Statement, or any of the formats we have already built) from the ‘Source Name’ dropdown, choose the file from your local drive.




You will be asked to enter the password

Click ‘Upload File’ and after a short while you’ll see a screen showing that Qfinr has processed the file. That's it! It is as simple as a few clicks and complete in a few seconds. And the process is fully secured : we don’t store your file or your password anywhere on our servers.




Check your portfolio against the statement of holdings. If we don’t have a particular instrument on our database, the holding will not get uploaded. Just drop us a line at care@qfinr.com with the holding (just the name and the ISIN Number shown on the NSDL statement) and we will look at adding the holding to the ever-growing Qfinr database.

What if you happen to have investments with a wealth manager / broker who is not on our list. Don’t worry - it is almost as easy. Click the ‘Download Security’ button on the right hand box. Open the excel file that is downloaded. It has 4 tabs - ‘portfolio’, ‘sample’, ‘GL’ and ‘IN’. All you need to do to upload your holdings is to enter 3 pieces of information. First, the instrument details - we recommend ISIN Numbers as these are unique numbers identifying each security. ISIN Numbers are particularly important for mutual funds and bonds. ISIN Numbers are found in fact sheets or online from the mutual funds website. Bonds are usually referred to by their ISIN Numbers. For stocks, you can simply enter the Exchange Ticker Symbol. Then enter the number of units you hold. If you simply want to record your portfolio holdings, enter ‘Buy’ for each security. If you want Qfinr to keep track of your portfolio transactions, you will need to enter the amount in ‘Holding’, the ‘buy’ or ‘sell’ in




Say we want to upload our holdings which consist of 100 HDFC Bank, 100 Hindustan Unilever, 100 TCS, 10 Amazon, 1000 SBI ETF Nifty 50 and 1000 Kotak Bluechip Regular Growth Mutual Fund. Our spreadsheet will look like the one on the left. When the Date is left blank, Qfinr will put the portfolio inception date of 3 years ago (or if the instrument started after, the first date we have a price) and create the portfolio for you. As you will note, for stocks and the ETF, the example uses the exchange ticker and for the mutual fund, the ISIN Number. Enter the Portfolio Name, choose Qfinr from the ‘Source Name’ drop-down, choose the file from your local drive and click ‘Upload File’ and your portfolio is imported to Qfinr.

Qfinr’s portfolio upload features have been designed by investors for investors. We will keep adding wealth managers / brokers to the upload page. If you would like us to add your wealth manager / broker, drop us an email at care@qfinr.com with the name of the wealth manager / broker.

And if you want one of our specialists to upload your portfolio, let us know at care@qfinr.com with your contact number and we will schedule a call with you.

Uploading your portfolio - easy, simple and convenient.

Qfinr powering intelligent investment decisions.

Webversion: Go to the Manage Module, identify the portfolio you want to duplicate, click on the Detail button, scroll down to the More button to see the drop down menu and then click on the Duplicate Portfolio button. Give the new portfolio a name and then click Next. The portfolio has been duplicated with the new name.




The specific keystrokes are

=> Manage > identify the correct portfolio > Detail > scroll down > More > Duplicate

Portfolio > Type new Name > Next.

Phone App:

The specific keystrokes are

=> My Portfolio > Manage > identify the correct portfolio> Click> Click on the Hamburger buttons on the top right > Duplicate Portfolio > Type new Name > Next.

On the desk top:

=> Manage Portfolio > Manage > identify the correct portfolio> Click> Add Investments > Search (if you know which investments to add) or Sort and Filter (if you want to use the screener to identify the investment),

For both the desk top and the phone App:

=> Manage Portfolio > Manage > identify the correct portfolio> Click> Identify the correct investment > Click > Edit > Amend the necessary fields > Save

For both the desk top and the phone App:

=> Manage Portfolio > Manage > identify the correct portfolio> Click> Identify the correct investment > Delete

You need to amend the stock holding in the case of a stock split. Please follow the same steps as described in “How do I amend investments in my portfolio” and change the number of stocks held as per the instructions from your custodian. Qfinr will reflect the “cum bonus” share value on the same day as the exchange.

As many as you require. We recommend that your investments be recorded in separate portfolio’s to facilitate disaggregated analysis of your portfolio.

Investors usually like to see their investments in a home or base currency. This is usually the currency of their home country or the currency in which most expenses are incurred. Qfinr has made it very easy to change the base currency - it can be changed on the fly from both the Dashboard and the My Portfolio module. Please click on the currency tab in the top right of the screen to change the base currency. Please note that changing the base currency changes the currency of record of all the portfolios.

Please go to the Blog Post on How To: Sort and Filter Investments for a full description of the topic.

We update our ratings every month end.

We use a quantitative approach in rating funds relying on actual performance over the last 3 years. We calculate ratings for returns based on the quality of the returns within the category using indicators like Information Ratio, Success Ratio. We calculate ratings for expenses by comparing the funds expense ratio against that of similar funds. We look for statistical evidence of alpha generation by the fund against its benchmark or equivalent market exposures. Finally, we compute the risk rating based on the actual volatility of returns over the past 3 years and use the same matrix to create the Synthetic Risk return Indicator for all instruments on our database.

The fund rating is a key statistic and should be an important input into the fund selection process. But what instruments to buy or to sell should be driven by its overall impact on the portfolio. The final purchase decision should always be driven by a combination of overall portfolio risk, return, stress test and personal comfort.

The Alerts page can be accessed via the Dashboard module of the Qfinr Desktop. As of now, you can either switch the Notifications On or Off. Notifications are sent only for the Live portfolios.

If you wish to have a further level of customisation, please let us know at care@Qfinr.com and we will build it out for you.

Create a portfolio using the Portfolio > Add New buttons. After the View Portfolio button is pressed at the end of the process and the portfolio comes into view, click on the More button on the top right of the page and click on Mark as WatchList to create a Watchlist Portfolio.

The previous day’s closing FX price is used as a static data in calculating portfolio values.

The Qfinr App starts with the Investor at the centre. Once you have registered and logged in, the App asks you to fill in your risk profile questionnaire. This is the only place where we need some effort from you. Please do spend the 3 or 4  minutes necessary to read and tick the correct answers. It sets up to take full advantage of the powerful features in the App. Without understanding your risk profile and loss tolerance, you will not be able to use key features of the Analysis module in our App.

We recommend that the risk profile be updated regularly. The frequency depends on the changes to market conditions or a change in the investor’s own financial condition. Do note that higher market volatility usually makes investors nervous. An inflow of cash or an unplanned large expense usually changes the investor’s risk taking capacity and loss tolerance.

Please do note that, as of now, we are only adding those assets whose End of Day prices are available in a public database. So, to take an example, AIFs are currently not added to the database.

Having said this, we will be very happy to add your assets to our database. Please send us an email at care@qfinr.com with the name of the asset and any other detail that you think appropriate.

No. As of now, we have not set up Qfinr to be a Market Data provider. We specialise in providing tools for Analysis, so we are focussed in becoming the best in the world in Analytics.

Qfinr has a unique approach to stress test portfolios. It models the behaviour of the test portfolio(s) assuming that it was a live portfolio during past episodes of market breakdown such as the Global Financial Crisis or the 2020 Covid driven sell off. Each such episode has a start data and an end date. The Qfinr Stress Test module values each instrument and the portfolio at the values prevailing on the start date and on each subsequent date until the end date and compares the values against an index. The results are presented on a chart for easy reading and the portfolio statistics are also shown for a deeper understanding.

If a particular stock was not listed or did not exist during a past episode of market breakdown, say during the Global Financial Crisis, then no price data for that period would be available. In that case, the stock will be ignored for Stress Test calculations.

The Desired Zone in the Analyse Module of our Platform is calculated through a simulation process. We start with expectations of returns and risk over the long term for 5 asset classes : Cash / Cash Equivalents, Bonds, Mixed Assets, Equities and Commodities. We generate over 3 million portfolios of varying allocations to the 5 asset classes which we group into 5 for each of our 5 risk profiles. The median metrics for the appropriate Risk Profile i.e. return, volatility and the standard deviation of the population appropriate for that risk profile is then used to generate the Desired Zone.

The Desired Zone reflects the risk/return characteristics of an asset allocation derived from this analysis for the user’s specific risk profile. The time period assumed is medium term investment time horizon (3-5 years).

The Desired Zone is based upon your risk profile - and reflects the risk return characteristics appropriate for your risk tolerance. As Qfinr is currently available for investors in India, we have used the asset classes available to investors in India to derive the Desired Zone. We will be adding Desired Zones for investors based in other countries shortly.

It is very likely that there would be a gap between the Desired Risk Return Zone and a test portfolio(s) Risk Return chart point. Do remember that the Desired Zone is a subset of the projected risk return profile from 3 million simulated Portfolios. These simulated portfolios comprise of 5 assets, namely Cash & Cash Equivalents, Bonds, Mixed Assets, Equities and Commodities. So the first point of departure is the test portfolio might not have the same level of diversification as the simulated portfolios.

The gap between the test portfolio’s Risk Return chart point and the Desired Zone should be the start of a discussion with your Wealth Provider or Advisor about portfolio diversification, asset selection, their respective weights and so on. Each recommendation can be tested using Qfinr’s WhatIf capabilities to see how the proposed portfolio behaves with respect to the Desired Zone and the existing portfolio. A movement towards a lower volatility without much compromise on the return is always a good outcome.

The stock dividends are forecast from the past dividend awards. Qfinr also looks at Analyst forecast consensus if such a consensus exists. But it is always possible for the company management to surprise the market with a different dividend award.

Please write to us at care@qfinr.com and we will look at including the stock or mutual fund in our next upgrade of the App.

The current version of the Qfinr App provides market data. It does not do fundamental analysis - so it does not generate or display corporate information.

Not as yet. We have instead written up this extensive FAQ to help investors. We will also have video tutorials available in a few weeks.

The Discover Module has three sub modules of which Explore Ideas and Know Your Assets generate screener lists of assets. The first, Explore your ideas is very targetted and generates a finite list of names; so it is possible to explore these lists as a Test Portfolio. A portfolio generating button exists to create a Test Portfolio under Explore Ideas. The same functionality does not exist in the Know Your Assets module as the screener does not limit the number of names that can be generated.

Users outside India can only access the the DeskTop version. The phone App is limited to Indian users.

Tips for Advanced Users

How can I use the “What If” capability of the App.
  1. Create a Trial Portfolio by clicking the following buttons. Home > Manage > Portfolio > Hamburger button (top right) > Split Portfolio (on the drop down menu)
  2. Give the portfolio a name (e.g. Trial Portfolio1) when prompted and click on Create.
  3. Click on Home > Manage. Click on the Trial Portfolio1 and delete two potential laggard stocks M and N. (for example).
  4. Click on Home > Analyse > Analyse > Click Trial Portfolio1 only (and remove the blue border on other portfolios by clicking on them) > Next
  5. Qfinr returned statistics as shown in Row B. This time, the results were significantly better and the portfolio showed promise.
  6. The tester added the SBI Nifty ETF to the Trial Portfolio using the Manage button, then ran the analysis again. This reduced the risk and Maximum Loss further while also reducing the 3-year CAGR of the portfolio further (Row C).
  7. By iteratively testing various combinations of shares, funds and ETFs, the tester was able to optimise his portfolio to generate a reasonable return while reducing risk and the likelihood of very large drawdowns.

If your portfolio is marked 1 star, then a deeper level of analysis is necessary to find the root cause. All the pages under the Analysis module would show critical bits of information to explain why the portfolio is so poorly rated.

The big picture suggestion would be to reduce the amount of investment in the current portfolio and to add new assets that improve the portfolio ratings. This WhatIf analysis can be done by duplicating this portfolio, removing and adding instruments in this portfolio and running the Analytics just for this portfolio to understand its behaviour.

Let’s look at it in more detail.

First, please have a look at the disaggregated rating i.e the Return Rating, Alpha Rating, Portfolio Suitability and Risk Rating. More than one of these ratings would have to be very poor for the portfolio to fetch a 1 Star rating.

Once signals from these disaggregated ratings are known, further investigation would clarify as to the exact source of the poor rating. The risk rating is 7, i.e. the portfolio has the highest risk, meaning that the portfolio volatility is at the highest bracket. The remedy would be to take some money off the portfolio and invest in an instrument that has a lower volatility. Please look at the Key Statistics page and note the volatility numbers and look for instruments with a lower volatility reading. Usually, ETFs on widely diversified indices are the best instrument to reduce portfolio volatility. If the return on the portfolio is very poor, then the Discover module can be used to identify assets with a better return profile.

Once the alternative investments are identified, then they should be tested the same way as explained in the WhatIf analysis question. Please scroll down to see that section.