Benefits of XIRR
1. Allows Investors to Compare Options: Investors may assess the profitability of investments over time by using the extended internal rate of return approach.
2. Compute Portfolio Returns All at Once: Investors must determine the XIRR for every fund. Investors may now determine the XIRR for their whole portfolio at once.
3. Precise Return Calculation: The XIRR technique is a useful tool for determining returns on a number of assets and withdrawals.