For most mutual fund investors, money doesn’t go in as one lump sum. It is added bit by bit through SIPs, occasional top-ups, and sometimes partial redemptions. Because these cash flows happen on different dates and amounts, a single “beginning to end” return is misleading. That is where xirr becomes useful. It gives a single […]

The conversation around XIRR vs CAGR shows up every time an investor tries to decode a portfolio statement, a mutual fund fact sheet, or a back-tested model. Both are annualised return measures, but they answer slightly different questions. XIRR and CAGR sit next to each other in many dashboards, and yet a reader often wonders […]