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XIRR (Extended Internal Rate of Return) and absolute returns serve as methodologies to evaluate investment performance, such as that of mutual funds, though they vary in terms of the information
Most investors do not benefit from this power of compounding. Have you ever heard of Thomas Austin? Austin was an English settler in Australia, who in 1859, imported 24 rabbits
Over the years, the Systematic Investment Plan (SIP), a feature offered by Mutual Funds, has become a household name. Its popularity among investors can be seen from the graph