What Is XIRR in Mutual Fund? A Simple Guide for SIP Investors
Many investors will ask, “how much return will I get?” There are multiple ways to define what a return is; some common definitions are absolute return, compounded annual growth rate (CAGR), and extended internal rate of return (XIRR), as shown in this example. If you invest through SIP (Systematic Investment Plan), then one of the … Read more