When investing in mutual funds, examining the past returns of the schemes you're interested in is a crucial step. There are several ways to calculate these returns, with XIRR and CAGR being two ...
Remember to compare XIRR returns with category average and peers. If you are taking the Systematic Investment Plan (SIP) route to invest in mutual funds and build wealth, you need to know how to ...
XIRR refers to the extended internal rate of return. XIRR usually calculates returns on investment where there are multiple transactions taking place in different times. In simple terms, XIRR can be ...
Before you start investing in the mutual funds, you should ideally examine the past returns of all the schemes that you want to invest into. And since there are a number of ways to calculate the past ...