Calculators·📊

XIRR Calculator

Calculate the annualised return for irregular cashflows — ideal for mutual funds with multiple SIP dates.

Cashflows (negative = investment, positive = redemption)
XIRR (annualised return)11.35%
Cashflow count3

Use negative values for money going OUT (investments) and positive for money coming IN (redemptions/dividends).

XIRR Calculator

XIRR (Extended Internal Rate of Return) calculates the annualised return of a series of cashflows that happen on irregular dates and in irregular amounts — the realistic case for SIPs, redemptions, and additional lumpsum top-ups.

Formula

XIRR is the rate r that makes the sum of all cashflows, each discounted as amount / (1 + r)^(days since first cashflow ÷ 365), equal to zero — solved iteratively (Newton-Raphson), not in closed form.

Worked example

Input: ₹1,00,000 invested on day 0, redeemed for ₹1,35,000 after 545 days (~1.5 years), with no interim flows

Result: XIRR ≈ 20.9% annualised

Frequently asked

Why use XIRR instead of CAGR for a SIP?

CAGR assumes one lumpsum invested once; a SIP has many separate contributions on different dates, each earning a different length of return — only XIRR accounts for that correctly.

Can XIRR be negative?

Yes — a negative XIRR means the investment lost value on an annualised basis over the period measured.

XIRR Calculator: how it works

XIRR is the annualised rate of return for a series of cashflows that occur on irregular dates — the correct measure when you have invested or withdrawn at varying times.

Formula

The rate r that solves Σ Cᵢ / (1 + r)^(dᵢ/365) = 0, where Cᵢ is each cashflow and dᵢ its days from the first date.