7 June 2025, 06:36 PM
Hi fellow investors,
I’ve been investing in mutual funds through SIP (Systematic Investment Plans) for a while now. It started as a simple monthly investment plan, but as the amount and number of schemes increased, I realized that tracking performance wasn’t as straightforward as it seemed.
At first, I used basic return calculators, but they didn’t account for the fact that SIPs involve regular monthly investments. That’s when I discovered something far more accurate – the XIRR Calculator.
For those who may not know, XIRR stands for Extended Internal Rate of Return. It calculates the annualized return for a series of cash flows happening at different times – which makes it ideal for SIPs. Instead of giving a rough average, it reflects the true return you're getting from your investments.
I tried using Excel for XIRR calculations by entering all my SIP dates and values, but it quickly became time-consuming, especially when you have multiple funds. That’s when I started using MySIPonline, and it has completely streamlined the process for me.
MySIPonline not only allows you to invest in top-rated mutual funds but also provides tools like the built-in XIRR Calculator, making it incredibly easy to track the real returns on your SIPs. The dashboard is user-friendly, and the platform offers detailed insights into your portfolio's performance, which is a big plus for goal-based investing.
Whether you’re a new investor or someone handling a diverse SIP portfolio, knowing your actual returns is critical for smart financial planning. XIRR helps you see whether your fund is really performing or not.
I believe every SIP investor should use XIRR instead of relying on approximate return figures. And if you're looking for a platform that simplifies both investing and tracking, give MySIPonline a try. It saves time and offers clarity.
How do you all calculate your SIP returns? Do you use any specific tool or still rely on spreadsheets? Would love to hear your experiences and tips.
Let’s make investing smarter together!
Cheers,
I’ve been investing in mutual funds through SIP (Systematic Investment Plans) for a while now. It started as a simple monthly investment plan, but as the amount and number of schemes increased, I realized that tracking performance wasn’t as straightforward as it seemed.
At first, I used basic return calculators, but they didn’t account for the fact that SIPs involve regular monthly investments. That’s when I discovered something far more accurate – the XIRR Calculator.
For those who may not know, XIRR stands for Extended Internal Rate of Return. It calculates the annualized return for a series of cash flows happening at different times – which makes it ideal for SIPs. Instead of giving a rough average, it reflects the true return you're getting from your investments.
I tried using Excel for XIRR calculations by entering all my SIP dates and values, but it quickly became time-consuming, especially when you have multiple funds. That’s when I started using MySIPonline, and it has completely streamlined the process for me.
MySIPonline not only allows you to invest in top-rated mutual funds but also provides tools like the built-in XIRR Calculator, making it incredibly easy to track the real returns on your SIPs. The dashboard is user-friendly, and the platform offers detailed insights into your portfolio's performance, which is a big plus for goal-based investing.
Whether you’re a new investor or someone handling a diverse SIP portfolio, knowing your actual returns is critical for smart financial planning. XIRR helps you see whether your fund is really performing or not.
I believe every SIP investor should use XIRR instead of relying on approximate return figures. And if you're looking for a platform that simplifies both investing and tracking, give MySIPonline a try. It saves time and offers clarity.
How do you all calculate your SIP returns? Do you use any specific tool or still rely on spreadsheets? Would love to hear your experiences and tips.
Let’s make investing smarter together!
Cheers,