The XIRR is ubiquitous. It’s there on mutual fund statements, bond platforms and in the insights your broker gives about your portfolio. But what does it mean? How to calculate it? Catch this ...

IRR calculates the return rate at which a project's net value totals zero. Using Excel's XIRR, FoolCo finds buying new machinery earns a higher IRR of 26.5%. IRR considerations exclude cash flow ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. David Kindness is a Certified Public Accountant ...

Pune (Maharashtra) [India], September 27: When you invest in mutual funds through SIPs, lump sums, or withdrawals at different times, calculating actual returns may not be straightforward. Simply ...

The FIND function allows you to find a text string within another. It returns the position at which a character or string begins within another text string. The output of the above function will be 5, ...

AI Microsoft CEO Satya Nadella says it's time to stop talking about AI 'slop' and start talking about a 'theory of the mind that accounts for humans being equipped with these new cognitive amplifier ...

A new COPILOT function in Excel lets you use AI in a formula. The new skill is now available to Microsoft 365 insiders. Reduces some of the complexity involved in creating formulas. Get more in-depth ...

Microsoft Excel’s new COPILOT function lets users generate, summarize, and analyze data directly in spreadsheet cells using plain-language prompts. (Microsoft Image) Microsoft is building generative ...

You can now interact with Excel cells in natural language with =COPILOT It doesn't interact with external data from the web... yet You can combine it with other Excel functions Microsoft is rolling ...

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 ...