If your business makes investments in equipment and employee benefit contributions, you may need to track the average annual rate of return over a span of time for financial reporting obligations.
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 ...
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 ...