XIRR Calculator

Calculate Extended Internal Rate of Return for irregular cash flows

Cash Flows

Note: Enter investment amounts as positive values - they will be treated as negative (outflow) automatically. Withdrawals/redemptions are positive values (inflow).

About XIRR

XIRR (Extended Internal Rate of Return): Calculates the annualized return for investments with irregular cash flows at different dates.

Unlike CAGR, XIRR accounts for the exact dates of each cash flow, making it ideal for SIP investments, lump sum investments, and withdrawals at different times.

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Est. Results

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How XIRR (Extended Internal Rate of Return) is Calculated?

XIRR (Extended Internal Rate of Return) is a powerful financial metric that calculates the annualized return on investments with irregular cash flows at different dates. Unlike CAGR, XIRR accounts for the exact dates of each investment and withdrawal, making it ideal for SIPs, lump sum investments, and complex investment scenarios.

XIRR Calculation Process

XIRR Formula: Uses iterative calculation to find the rate where NPV = 0

NPV = Σ (Cash Flow / (1 + XIRR)^((Date - First Date) / 365)) = 0

Net Return: Current Value - Total Invested

Where:

  • Cash Flows = All investments (negative) and withdrawals (positive) with their dates
  • XIRR = Annualized return rate that makes Net Present Value (NPV) equal to zero
  • Net Return = Total gain or loss from the investment
  • Total Invested = Sum of all investment amounts

Example:

Let's calculate XIRR for a SIP investment: ₹5,000 monthly for 12 months (starting Jan 1) with a current value of ₹65,000 (on Dec 31).

Given: Monthly SIP = ₹5,000, Months = 12, Current Value = ₹65,000

Step 1: Calculate Total Invested

Total Invested = ₹5,000 × 12 = ₹60,000

Step 2: Calculate Net Return

Net Return = ₹65,000 - ₹60,000 = ₹5,000

Step 3: Calculate XIRR

XIRR uses iterative calculation considering:

- 12 investments of -₹5,000 on different dates

- Final value of +₹65,000 on Dec 31

XIRR ≈ 12-15% (depending on exact dates and market performance)

Result: Your XIRR is approximately 12-15%, meaning your SIP investment generated an annualized return of 12-15% considering the timing of each investment.

Use Cases for XIRR Calculator

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SIP Performance

Calculate accurate returns for Systematic Investment Plans

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Irregular Investments

Evaluate returns for investments made at different dates

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Portfolio Analysis

Analyze overall portfolio returns with multiple cash flows

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Investment Planning

Plan future investments based on historical XIRR

Benefits of Using Our XIRR Calculator

Calculate returns for irregular cash flows

Account for exact dates of investments and withdrawals

Get accurate annualized returns for SIPs

Compare performance across different investment strategies

100% free, no registration required

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XIRR Calculator FAQs

What is XIRR?

XIRR (Extended Internal Rate of Return) is a method to calculate the annualized return on investments with irregular cash flows at different dates. Unlike CAGR, XIRR accounts for the exact dates of each cash flow, making it ideal for SIP investments, lump sum investments, and withdrawals.

What's the difference between XIRR and CAGR?

CAGR assumes a single investment and single withdrawal at fixed intervals. XIRR handles multiple investments and withdrawals at different dates, making it more accurate for real-world investment scenarios with irregular cash flows.

When should I use XIRR?

Use XIRR for SIP investments, mutual funds with multiple transactions, portfolio analysis with irregular deposits/withdrawals, and any investment where cash flows occur at different dates. It provides the most accurate return calculation for such scenarios.

How is XIRR calculated?

XIRR uses an iterative method to find the discount rate that makes the net present value (NPV) of all cash flows equal to zero. It considers both the amounts and exact dates of each cash flow, providing an annualized return rate.

Is this XIRR calculator accurate?

Yes, this calculator uses the standard XIRR formula used in Excel and financial analysis. It provides accurate annualized returns for investments with irregular cash flows.