New on PowerUp: Track your family’s mutual funds in one place

Managing your family’s investments – parents, spouse, children – often happens very disorganised, where one person is usually handling all details in an Excel spreadsheet that doesn’t get updated often.

The Family feature on PowerUp is built to change that.

It lets you add your family’s portfolios, and view & track their mutual fund portfolios – all in one place, with the same clarity and insights you already use for your own investments.

Once added, you’ll be able to see:

• All mutual funds held by each family member
• Current portfolio value & allocation
• Portfolio movements against market indices
• Which funds are doing well and which are lagging
• Funds that need to be rebalanced (Elite only feature)
• Switching from Regular to Direct funds (Elite only feature)
• Personalised allocation recommendations based on their risk appetite (Elite only feature)

👉 You can add up to 8 family members and join up to 8 family accounts.

➡️ How to add your family member on PowerUp

Step 1: Go to the Family section

On your PowerUp app, go to the toggle on top of your screen to access. A bottom sheet will appear once you click on it.

Step 2: Add a family member

Here, click on ‘Add family member’ – and verify their phone number first. An OTP will be sent to their phone number. Once verified, go ahead and fill their:

• Name
• Email ID
• Your relationship with them

Step 3: Fetch their portfolio securely

Once their details are filled and the phone number is verified, enter their PAN details to fetch their mutual fund portfolio. An OTP will be sent again to securely pull their portfolio data.

After that’s done, you will be all set to:

• Switch between family members portfolios
• View each portfolio in detail
• Track fund performance and see if any funds need action

➡️ Who is it for?

‘Family’ is designed for people who already informally manage or advise their family’s investments – but want to do it properly.

Common scenarios this solves 👇

1. Managing parents’ investments

   Parents often hold:

   • Legacy funds
   • Regular plans
   • Outdated or unbalanced allocations
   • Underperforming funds

   With ‘Family,’ you get visibility on their portfolios — without constantly asking for statements or updates.

2. One person handles finances for the family
   
   

   In many households, one member tracks investments for everyone — spouse, children, parents. This feature lets them stay on top of all portfolios and guide with any changes accordingly.

In short, ‘Family’ helps you move from reactive help to proactive guidance.

➡️ What can you see?

Beyond just viewing portfolio values & fund details, ‘Family’ lets you go deeper:

• Portfolio Performance:
  Clearly see which of their funds are in-form or out-of-form.
• Rebalancing plan (Elite only feature) :
  If your family member is also an Elite member, you’ll be able to view their personalised rebalancing plan: which funds to exit, switch, and the steps on how to do it.
• Regular vs Direct plan (Elite only feature) :
  See exactly how much they are losing out in commissions and view their tax-efficient plan to move to Direct funds.
• Power Allocation (Elite only feature & coming soon) :
  Know how much they should invest in equity, debt, gold & silver, etc. based on their goals and risk appetite.

This makes it easier to guide decisions – not just observe data.

🔶 Elite benefits for your family – at a special price

If you are already an Elite member and you add family members who are not Elite:

🙌 You can get Elite for them at a discounted price of ₹749/yr + GST.

That means your family also gets access to:

• Power Rank
• Power Rebalancing
• Regular to Direct fund switching plan
• Quarterly portfolio reviews by SEBI regd. advisors

And all upcoming Elite features.

👉 Even if you’re not an Elite member yet, you can still unlock this special price for your family.

Join Elite at ₹999/yr + GST and add get Elite for your family members at the same discounted price of ₹749/yr + GST each – and enjoy all the powerful insights in one place.

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‘Family’ is the easiest and most efficient way to track and stay on top of your family’s mutual funds.
Try it out now on the PowerUp Money app!

Note: In case you are unable to see the ‘Family’ feature, please make sure you are on the latest version of the PowerUp app.