Excel 2013 provides the DATE and XIRR functions, which derive the final annual interest rate from a series of payments on known dates.

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 is effective for calculating returns with irregular cash flows in mutual funds, while CAGR is suitable for steady investments, offering a straightforward measure of annual growth over time.

Overview Functions like INDEX MATCH, SUMIF, and XNPV allow professionals to work smarter, not harder, especially when handling large or complex data sets.Using ...

Is it better to invest in stocks or go for mutual fund SIP? In mutual funds, there is expense ratio but direct investment in stocks is almost free of cost through some apps. Direct investments require ...