#2 Tracking My Portfolio in Manual Lending

Tracking My Portfolio in Manual Lending

In the previous blog, we discussed Manual Lending, from its definition to how it works and how you can manage your risk. 

In today’s blog, we will talk about how you can track your Manual Lending portfolio. 

What to track?

When you lend in a loan, it directly goes to the borrower’s bank account. Once the loan is disbursed, the borrower’s repayment cycle starts. The repayment date and repayment cycle for the investment differ depending on the loan. You can track all of this from the portfolio section in the app.

What you are going to track to see if your manual lending portfolio is performing or not are three things. The amount lent, the date of lending, the expected return, and the return received so far. 

How do I track this?

How to track portfolio

To track the manual lending performance you will have to download the manual lending report (Available on iOS, Android and Web). 

Steps to download the manual lending report:

  • Login to the LenDenClub app or website
  • Click on Portfolio from the Navigation menu
  • Click on ‘Reports’
  • Click on ‘Manual Lending Report’
  • Select the date range for which you want to download the report
  • Click on ‘Send Email’

Once you have requested the report, you should receive it in your registered email in a few minutes to a few hours depending on the volume of your lending.

How do I read the report?

The report you have received is an excel sheet. You need to download it.

Once the report is downloaded, you can see the following fields:

  • Scheme ID: Unique identifier for the lending
  • Investment Date: The date of lending
  • Investment Amount (₹): The amount you have lent
  • Interest Rate (%): The rate of interest at which the loan was lent
  • Repayment Start Date: The start date of the repayment
  • Tenure (months): The tenure for which the loan was lent
  • Total Amount Received (₹): The amount you have received from the borrower
  • Total Illustrative Receivable (₹): Expected receivable amount by the borrower
  • Status: The active or closed status of the loan. 

You can use this data to calculate the return of your closed loans. Here is how you can calculate the return:

Simple interest calculation:

Interest Earned x Principal Lent * 100 = Total interest % earned over the period

Annualized rate earned:

(Interest earned x Principal lent) / (Loan tenure / 12) * 100 = Annualized interest earned

By using these formulas you can easily calculate the return you have earned on your lending. Note that calculate this only on the loans which are closed to get the right picture, since in Open loans you may still expect repayments. 

And that’s how you can track your portfolio of manual lending. Watch out this space to learn more about how you can select a borrower to lend in our upcoming blog post. 

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.


LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping lenders diversify their investments beyond traditional investment instruments ever since.

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The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.

LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app.

The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or lending simple interest. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any lending decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ lending amounts.

*This is an annualized yield and is subject to the maximum FMPP tenure, which is 5 years. P2P lending is subject to high risk and may cause an entire loss of principal.
 

*P2P lending is subject to risks. And lending decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

** Average value mentioned is the weighted average of simple interest received by lenders

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