Before June 2023, these platforms used to register as SEBI RIA but most of their business was just to allow investors to buy and sell mutual fund schemes on their platforms. Investment advisory was not a service that these platforms offered to their users. Hence, as there is no fee transact...
excel will take care of all the hard work for you – no further effort is required from your end. now, the excel function does have two other related irr calculations, the xirr function, and the mirr function: the xirr (extended internal rate of return) formula can be used to calculate...
XIRR XIRR stands for extended internal rate of return. It is used when investments have happened in tranches over some time, with withdrawals also happening in between. It is thus the aggregate returns on your investments when both inflows and outflows are involved irregularly. Disclaimer Mutual ...