Investment word of the day: Extended Internal Rate of Return — what is XIRR and why is it crucial for MF investors?

7 hours ago 1

XIRR is a financial metric essential for investors managing multiple transactions across different times. It provides a precise return estimate for SIPs and mutual funds by accounting for irregular cash flows.

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Investment word of the day: Extended Internal Rate of Return — what is XIRR and why is it crucial for MF investors?

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