Welcome to Investwell Release Notes. We are pleased to inform you about the updates being made to our software this week.

Read through to discover the exciting changes we’ve made just for you.

Feature Updates

1. Introducing Scheme Investment Baskets in MFU:

• We have upgraded the investing experience for your investors by adding a new feature called Baskets. This feature allows brokers to create curated sets of schemes and guide investors toward more personalised investment choices.

• You can create two types of baskets:

• Theme Basket 

  • Broker Dashboard >  Settings > Baskets > Theme Baskets

• In this basket, you can add multiple schemes and assign a percentage to each one.

• When the investor selects the basket and enters an investment amount, the system will distribute the amount automatically based on the percentages assigned.

• Personalised Basket 

  • Broker Dashboard >  Settings > Baskets > Personalised Basket

• This basket is designed to give even more tailored recommendations.

• It works on three inputs: Risk, Time Horizon and Amount Range. During the investment process, the investor answers a few questions based on these factors, and Mint recommends the most suitable basket.

• Investor View of Baskets:

  • Investor Dashboard > Invest Online MFU > New Investment

2. Enhancements in Meeting Notes:

• We’ve made a few useful updates to the Meeting Notes section.

• In the main Meeting Notes list, three new columns have been added: RM, Sub Broker, and Service RM. This gives you better visibility into who created each note or who is responsible for it.

• We’ve added a Meeting Notes tab to the Client Profile page. When a broker opens a client’s profile and clicks the Meeting Notes tab, they are redirected to the Meeting Notes menu with a filtered list showing all notes created for that specific client.

• Where to Find:

  • Dashboard > Utility > Meeting Notes

• Where to Find:

  • Dashboard > Clients > Click on Client's Name 

3. Portfolio Overlap - Scheme Comparison Limit Increased:

• A simple but important improvement in Scheme Compare. The maximum number of schemes that you can compare in Portfolio Overlap has been increased from 10 to 20.

• Where to Find:

  • Dashboard > Utility > Scheme Compare > Portfolio Overlap

4. Improvement in Compliance Report:

• A new Report has been added to the Compliance Reports menu. You can now select Mobile Number Missing from the dropdown. The generated report will list all clients whose mobile numbers are not available.

• Where to Find:

  • Dashboard > Data Management > Compliance Report

5. Excel Export in Profile List – Invest Online NSE Invest:

• You can now export the data shown under the Active and Inactive UCC tabs in the Profile List menu. This makes it easier to download and work with your client records outside the platform.

• Where to Find:

  • Dashboard > Invest Online NSE Invest > Profile List

6. Update for Composite GST Users:

• The Composite GST tax invoice PDF generated in Mint is now fully aligned with the latest AMC requirements. All necessary updates have been incorporated to ensure complete compliance.

• Where to Find:

  • Dashboard > Billing > AMC bill Register

7. New Contract Notes Added:

• Two new contract notes are now supported:

  • SYSTEMATIX SHARES AND STOCKS (INDIA) LTD.

  • Equirus

• Where to Find:

  • Dashboard > Data Management > Create Transaction > Share & Bond( Contract Notes)

8. New Update for Aggregator API User:

• A new option has been added to create the Family Head (FH) while creating a client through the API.

Bugs Resolved

1. Portfolio Valuation Report – Scheme Missing in PDF:

• Issue Reported:

  • In the Portfolio Valuation Report, all schemes were visible in the on-screen view, but one or two schemes were missing in the generated PDF.

• Issue Resolved:

  • This inconsistency has been fixed. The PDF report now displays all schemes exactly as shown on screen.

• Where to Find:

  • Investor Dashboard > Reports > Portfolio Valuation

2. Client Merge – Meeting Notes Not Consolidated:

• Issue Reported:

  • When multiple clients were created, and each had their own meeting notes, merging these clients into a single profile did not merge their meeting notes.

• Issue Resolved:

  • This scenario has now been fully addressed. When clients are merged, all meeting notes are also merged into the final client profile, ensuring nothing is lost.

• Where to Find:

  • Dashboard > Utility > Meeting Notes

3. NSE Invest – Incorrect Folio Number in Redemption Orders:

• Issue Reported:

  • A client attempted to place a redemption order through the Additional Transaction menu. After adding 12 folios to the cart and placing the order, all the orders were submitted with the same folio number instead of their respective folios.

• Issue Resolved:

  • This has been fixed. Each redemption order now correctly carries the folio number selected for that specific scheme.

• Where to Find:

  • Investor Dashboard > Invest Online NSE Invest > My Orders
    
    

4. Difference in XIRR Between Portfolio Summary and Portfolio Snapshot:    

• Issue Reported:

  • A client noticed that the XIRR shown in the Portfolio Summary did not match the XIRR shown in the Portfolio Snapshot Report for the same period and for the same asset types, like Mutual Funds and Shares, and Bonds.

• Issue Resolved:

  • This has been corrected. Both reports now calculate and display XIRR using the same logic, so the values match as expected. 
    

• Where to Find:

  • Investor Dashboard> Report > Portfolio Summary / Portfolio Snapshot

5. Nominee Address Field – Character Limit Updated:

• To align with NSE regulatory compliance, we have updated the character limit for entering nominee addresses. The address field will now allow up to 40 characters.

• Where to Find:

  • Dashboard > Invest Online NSE Invest > Profile List > Create UCC

6. KYC Status Report – Rejection Reason Not Showing:

• Issue Reported:

  • In the KYC Status Report menu, when a KYC application was rejected, the rejection reason did not appear in the report. Users were unable to view why the KYC failed.

• Issue Resolved:

  • The problem has been fixed. The rejection reason now displays correctly for all rejected KYC applications.

• KYC Status Report:

  • Dashboard > Invest Online NSE Invest > KYC Status Report

7. Mobile Number Missing Data Not Showing in Dashboard – Compliance Section:

• Issue Reported:

  • In the Compliance section of the dashboard, the data for missing mobile numbers was not appearing. 

• Issue Resolved:

  • The issue has been fixed. The relevant data of missing mobile numbers now appear correctly in the Compliance section.

• Where to Find:

  • Dashboard 

8. Karvy Transaction File Auto Import – Transmission Entries Not Imported:

• Issue Reported:

  • During auto import of Karvy transaction files into Mint, the Transmission In and Transmission Out entries were not getting captured. 

• Issue Resolved:

  • The import logic has been updated. Transmission In and Transmission Out transactions are now handled correctly and are imported as expected.

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