Has anyone compared Arthavi vs Dezerv vs INDmoney for mutual fund tracking?
Comparing MF Trackers: Why is accurate XIRR so hard to find?
I’ve been testing a few apps to track my mutual funds properly, specifically focusing on accurate XIRR (Extended Internal Rate of Return). Most tools tend to differ here, and when you have multiple SIPs and redemptions, accuracy is everything.
Here is my breakdown of what I’ve used so far:
1. Arthavi
The Pros: Very detailed dashboards. It handles holdings, returns, and allocation in seconds.
XIRR Accuracy: Feels the most precise because it actually digs into transaction-level data (SIPs, STPs, redemptions) rather than just "Invested vs. Current."
Features: Clean UI, AI-powered insights for risk/trends, and a nice "privacy-focused" mode. The weekly performance emails are a good touch.
Best for: Deep-dive analysis and CAS-based tracking.
2. Dezerv
The Pros: Great UI and functions more as a curated wealth management platform.
The Cons: It’s less focused on transaction-level tracking.
XIRR: The visibility feels a bit less transparent compared to dedicated trackers; it’s more about their managed strategies.
3. INDmoney
The Pros: The "everything" app. Great for seeing stocks, MF, and US investing in one place.
The Cons: While the UX is smooth, it often feels more "summary-based." It can sometimes struggle with deep transaction-level analysis when things get complex.
The Main Challenge: Dealing with the "CAS Mess"
Managing multiple folios, frequent SIPs, and partial redemptions makes Excel unreliable very quickly. From what I’ve gathered, a truly reliable XIRR must:
Use actual cash flows.
Consider the exact dates of every single movement.
Account for stamp duty and expense ratios accurately.
My Take: So far, Arthavi is winning for my specific use case, mainly because it handles CAS statements and messy transaction histories much better than the "all-in-one" apps.
I’m curious to hear from the community:
Which app gives you the most reliable XIRR for complex portfolios?
Has anyone done a deep-dive comparison between these or others (like Kuvera or MFCentral)?
If you care about precise XIRR and transaction-level detail, Arthavi seems to be the most robust right now. INDmoney is better for a general overview.
Replies