India, March 19 -- ATK

New Delhi [India], March 19: Investing in mutual funds is a great way to grow wealth, but understanding returns is equally important. While many investors look at absolute returns, the Extended Internal Rate of Return (XIRR) is a more accurate measure, especially for Systematic Investment Plans (SIPs).

Since SIPs involve multiple investments at different times, calculating returns through XIRR provides a true picture of growth. This ensures better financial planning and helps in making informed decisions.

So, how can investors ensure accurate XIRR calculations to maximise their returns? Let's find out.

Five ways to ensure accurate XIRR calculation to maximise returns

To get a true reflection of mutual fund retu...