Dhanlytics vs FP Alpha

Dhanlytics is a web-based financial simulator built for India. It models income, taxes, investments, expenses, and life events over a multi-decade timeline. Its tax engine compares the Old and New regimes and supports deductions including 80C, 80CCD(1B), 80D, 80E, 24(b), HRA, and LTA. Monte Carlo analysis runs 1,000+ randomized market scenarios to estimate goal-achievement probabilities. The simulator covers 15+ account types, including EPF, PPF, NPS, ELSS, mutual funds, fixed deposits, SCSS, SSY, sovereign gold bonds, direct equity, and real estate. Users can compare choices such as buying versus renting or retiring at different ages. Historical backtesting uses Nifty 50, debt, and gold data from 1990-present. The Progressive Web App can be installed and used offline. Plans can be exported as PDF reports or JSON backups. Financial data stays in browser IndexedDB and is not transmitted to Dhanlytics servers; Google Analytics collects anonymous usage data. The listed plan is free, with all features available. Dhanlytics is a planning and simulation tool, not an investment execution platform.

FP Alpha has no write-up on Specifiction yet; its figures are above.