Mandala
What It Is
A practice management platform for independent RIAs and CFA-qualified advisors.
Mandala brings client management, goal-based planning, portfolio tracking, and client-facing reporting into a single screen. This document lists what is built and available today — no roadmap items, no claims beyond what currently runs in the product.
Who It's For
Independent RIAs and CFA-qualified advisors managing multiple client portfolios who currently rely on spreadsheets, WhatsApp threads, and manually assembled reports.
How It's Delivered
Browser-based application — no installation. Hosted in India. Each advisory practice operates in its own isolated organisation with role-based access for advisors and clients.
How It Works
1
Onboard the Client
Capture identity, income, family, and risk profile in one guided flow — or send a link for the client to fill in themselves.
2
Import the Portfolio
Pull transaction history from CAMS, KFintech, VRO, or a CAS PDF — or enter it manually. This ledger is the source of truth.
3
Set the Goals
Target amount and year per goal, with the SIP gap calculated from real income and the client's risk-based return assumption.
4
Holdings Meet Goals
Current holdings are reconciled from the transaction ledger and earmarked against each goal, so progress is measured, not guessed.
5
Track & Report
Snapshots, benchmark comparison, and a branded PDF report keep every review grounded in the client's actual numbers.
Client Management
Client Profiles
Full financial profile per client — income, expenses, assets, liabilities, family members, risk profile.
Financial Priority Summary
Computed view of where a client stands — emergency fund, protection cover, debt, goal funding — shown before portfolio value.
Onboarding Wizard
Guided flow to capture profile, goals, and risk assessment in one session, with CAS import to pre-fill holdings.
Risk Profiling Quiz
8-question scored questionnaire; results stored, versioned, and used in the Investment Policy Statement.
Meeting Notes & Action Items
Structured notes per meeting linked to the client record; follow-up items tracked with due dates and status.
Multi-Member Portfolios
Track each family member's holdings separately, with a consolidated household view.
Goal-Based Planning
Goal Tracking
Target amount, target year, present-value adjustment, and projected corpus per goal, with SIP gap calculation.
Three-Bucket Allocation
Map each goal's funding across liquid, stable, and growth buckets by years to target.
Monte Carlo Goal Survival
Probability estimate of a goal being met under simulated market variation, shown alongside the goal card.
Behavioural Flags
Six configurable flags (e.g. panic-prone, performance-chasing) surfaced on the client record ahead of review meetings.
Holdings & Portfolio Tracking
Multi-Asset Holdings
Mutual funds, stocks, SGBs, NPS, PPF, fixed deposits, and other instruments tracked in one ledger.
Live NAV & Price Refresh
NAVs sourced from a locally synced AMFI scheme master with mfapi.in fallback; stock and index prices via Yahoo Finance / NSE.
Transaction Import & True Returns
Import transaction history from CAMS, KFintech, VRO, or CAS PDF. Holdings and accurate returns computed from actual lots, not approximated.
Portfolio Snapshots
Save point-in-time portfolio state and chart value, cost, and appreciation across any date range.
Benchmark Comparison
Portfolio returns plotted against Nifty 50, Midcap 150, Smallcap 250, and other indices, auto-suggested by portfolio tilt.
Portfolio Overlap
Identify overlapping underlying holdings across funds in a client's portfolio.
Reporting & Documentation
Branded PDF Report
One-click client report — cover, summary, goals, holdings, drift, benchmark comparison — generated in the advisor's own branding.
Investment Policy Statement
Dated, versioned Investment Policy Statement per client — risk-governed allocation, goal mapping, and rebalancing actions.
Retirement Cashflow Plan
Three-bucket withdrawal protocol by market regime (normal / correction / crash), bucket runway, and a year-by-year income table.
Portfolio Stress Test
Impact of five historical market scenarios on the client's actual portfolio, with goal-by-goal and bucket-level recovery estimates.
Client Onboarding Brief
A printable summary of a client's full profile and plan, shareable at the start of an engagement.
Shareable Report Link
Generate a secure, tokenised link to a client's report — viewable without requiring a login.
SEBI Compliance & Documentation
Client Advisory Agreement
Digital click-wrap agreement covering scope of services, fee structure, risk-profiling consent, fiduciary duty, termination, conflict-of-interest disclosure, recordkeeping, and grievance redressal — with per-client scope and fee terms set by the advisor, checked against SEBI's fee-cap thresholds before the client signs. Immutable, hash-verified acceptance record; signed PDF delivered to client and advisor.
Advisor Service Agreement
Click-wrap agreement between the practice and Mandala, immutable and hash-verified with IP and timestamp capture, signed PDF delivered by email.
Suitability & Advice Records Export
Compiles risk-profile history, Investment Policy Statement history, and the dated advice trail into a printable record — with an option to freeze a point-in-time snapshot as an immutable, hash-verified compliance record.
Risk Profile Client Confirmation
The client confirms, in their own login, that a completed risk profile reflects them — captured with a timestamp and IP address.
Fee Cap Checks
AUM-percentage and fixed-fee invoices, and client agreement fee terms, are checked against SEBI's fee-cap thresholds before being saved.
Compliance Record Retention
Agreements, fee invoices, Investment Policy Statements, risk assessments, and audit log entries are protected from deletion for a minimum retention period, even when a client account is removed.
Practice Operations
Leads CRM
Track prospects with pipeline stages, follow-up dates, an activity log, and a one-step convert-to-client flow.
Liquidity & Simulator Tools
Liquidity waterfall view and a market scenario simulator for portfolio-level what-if analysis.
Separate Client Login
Clients can log in independently to view their own portfolio, goals, and action items.
Backup & Export
Full organisation export, client-level JSON export, and SQL database export available on demand.
Security & Data
Organisation Isolation
Every record is scoped to its organisation; no cross-organisation data access.
Role-Based Access
Distinct permissions for advisor (admin) and client roles, enforced on every request.
Audit Log
Every data change is recorded with who made it and when, filterable by client and date range, viewable by the practice administrator.
Google Sign-In
Authentication via Google, with a server-side session — no separate password to manage.
Pricing
Free Trial
₹0
1 client · all features · no card · no auto-renewal.
Starter
₹2,500 / year
Up to 15 clients.
Growth — Most Popular
₹6,000 / year
Up to 50 clients.
Practice
₹12,000 / year
Unlimited clients · multi-advisor.
Mandala Personal
₹999 / year
For self-directed investors (Mandala Svatva).
Pricing in INR. GST applicable. Cancel anytime. Every paid plan includes all features.
न धनं परमं — पूर्णजीवनम्। Wealth is not the goal. A whole life is.