An absolute honour to meet our amazing investor, Nithin Kamath, @Nithin0dha at Zerodha HQ in Bangalore this week! Kiran, Ashin and @Atik_MProfit from our team had a great conversation with Nithin & the @zerodha / @Rainmatterin team about what we are building at MProfit. It was refreshing to gain their perspective on how we can deliver more value in portfolio tracking & reporting to savvy investors in India. We’re really thankful for Nithin’s belief in us, as we move forward in our journey 😀 At MProfit, we remain focused on helping investors track their portfolios effectively and gain better visibility into investment performance across asset classes & platforms.

𝗛𝗼𝘄 𝗴𝗹𝗼𝗯𝗮𝗹 𝗳𝗮𝗺𝗶𝗹𝘆 𝗼𝗳𝗳𝗶𝗰𝗲𝘀 𝗮𝗿𝗲 𝗿𝗲𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀 UBS’s Global Family Office Report 2026 shows that headline allocations look familiar, but risk is now being taken very differently inside portfolios. For the first time in the report’s history, 60% of family offices globally plan to change their strategic asset allocation in the next 12 months - the highest reading UBS has recorded. ----------------------- 𝟭. 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗿𝗲𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗶𝗻𝘀𝗶𝗱𝗲   • 𝗥𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲: Down from 14% to a planned 8% - a sustained, deliberate cut to what once anchored most alternatives sleeves.   • 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗲𝗾𝘂𝗶𝘁𝘆: Peaked at 22% in 2023, pulled back to about 17%, and is expected to hold near that level through 2026 as liquidity and valuations are treated more cautiously.   • 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗱𝗲𝗯𝘁 & 𝗶𝗻𝗳𝗿𝗮: Private debt has risen from 2% to 3%, while infrastructure is building towards 2% from almost zero pre‑2023, driven by power and energy demand from the AI build‑out.   • 𝗢𝘃𝗲𝗿𝗮𝗹𝗹 𝗺𝗶𝘅: The headline 56:44 traditional‑to‑alternatives split is intact, but the alternatives sleeve has shifted from “property PE” to a broader mix of PE, private debt, infra and gold. ----------------------- 𝟮. 𝗙𝗮𝗺𝗶𝗹𝘆 𝗼𝗳𝗳𝗶𝗰𝗲𝘀 𝗿𝗲𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗱𝗼𝗹𝗹𝗮𝗿 𝗲𝘅𝗽𝗼𝘀𝘂𝗿𝗲   • 𝗣𝗲𝗿𝗰𝗲𝗶𝘃𝗲𝗱 𝗿𝗶𝘀𝗸: 47% of family offices say they are over‑exposed to the US dollar - unique among major currencies.   • 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: 65% expect confidence in the dollar’s reserve‑currency role to weaken.   • 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲: 29% have reduced, or are considering reducing, USD assets, and 30% are diversifying into other currencies, with the Swiss franc and euro preferred.   • 𝗛𝗲𝗱𝗴𝗲: Gold is planned at about 3% of portfolios in 2026 as a compact hedge against currency and geopolitical risk. ----------------------- 𝟯. 𝗔𝗜: 𝗰𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻 𝗿𝘂𝗻𝗻𝗶𝗻𝗴 𝘄𝗲𝗹𝗹 𝗯𝗲𝘆𝗼𝗻𝗱 𝗹𝗶𝘀𝘁𝗲𝗱 𝘁𝗲𝗰𝗵   • 𝗜𝗻𝘁𝗲𝗻𝘁: In 2024, 78% of family offices said AI was likely to be an area of investment within 2–3 years.   • 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻: By 2026, 65% are already invested across semiconductors, data centres, software platforms and healthcare, with more planning to add.   • 𝗕𝗿𝗲𝗮𝗱𝘁𝗵: ~37% now allocate to power and resources and infrastructure, and about a third to AI‑enabled healthcare - AI exposure has shifted from a few tech names to a spread across chips, power, data centres and healthcare. ----------------------- 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗼𝘂𝗴𝗵𝘁: Taken together, these trends show how little the headline mix has changed, and how much the underlying exposures have - most of the action is now happening inside the sleeves rather than in the top‑line split. 💡 The chart below goes 𝗱𝗲𝗲𝗽𝗲𝗿 and compares global strategic asset allocation in 𝟮𝟬𝟭𝟵 𝘃𝘀 𝘁𝗵𝗲 𝟮𝟬𝟮𝟲 𝗽𝗹𝗮𝗻, highlighting how much of this rewiring has happened within a familiar top‑line mix. 👇🏼 #FamilyOffice #AssetAllocation #Investing #MProfit

We were at the inaugural ET Alpha Wealth Summit in Mumbai last week - a curated gathering of family office leaders, wealth stewards, and capital allocators examining where wealth creation is headed over the next decade. Governance, succession, and the structural integrity of how wealth is organised are emerging as the defining variables in whether a family's capital endures or fragments over time. The questions that flow from those foundations - around private markets access, global allocation, and intergenerational structuring  - are no longer peripheral to how family offices think. It is a premise we hear echoed consistently in our own conversations with families and family offices across India - a shift we see playing out and one that will only deepen in the years ahead. Grateful to @EconomicTimes for convening the inaugural edition of the Alpha Wealth Summit and bringing together such a purposeful gathering from India's wealth ecosystem. If we missed connecting at the event, we'd be glad to have a conversation. Write to us at connect@mprofit.in. #FamilyOffices #WealthManagement #AlphaWealthSummit #Investing #MProfit