Review Mutual Fund SIP Performance Month by Month with this tool!

Last Updated on

Use this tool to calculate the annualized return (XIRR) of your mutual fund SIPs month by month since the date you started it and compare its performance with its benchmark. In this update to the Mutual Fund SIP XIRR Tracker, I have integrated it with Pranav Date’s Nifty Historical Data (Price, Total Returns, PE, PB and Div Yield) Downloader.

This now offers a range of about 70+ benchmarks from the BSE and NSE to compare mutual fund performance.

What is XIRR?

When you invest a lump sum in a volatile instrument (equity, debt fund, gold fund etc.), the average rate at which the investment has compounded is given by the CAGR

When you invest periodically in the same instrument, instead of CAGR, a quantity called the XIRR is calculated. This can be interpreted as the average CAGR of all the instalments.

Read more:

Understanding Annualized Return: CAGR and XIRR

What is XIRR?

If you track this XIRR month after month for a SIP instrument and compare it with the corresponding number for a benchmark, it gives you an idea of how consistently the fund has beat the benchmark.

Here are few screenshots.

The inputs screen of the freefincal XIRR Tracker

Quantum Long Term Equity vs Nifty 50 (total returns index)

Each dot in the top graph is the XIRR of a SIP started on Apr  3rd 2008 (this can be changed by the user). Notice the outperformance of the fund. The green line (both top and bottom) is just the number of SIP instalments added up. So it increases like a straight line.

In the bottom graph, the red dots represent the percentage outperformance:

number of months fund return was higher than benchmark/ (total number of months) expressed as a percentage. A steady fall over many months in this can be used as a sign to switch funds.

HDFC Equity  vs NIfty 500 (total returns index)

How to use this sheet

1: As a way to observe and get used to fund volatility. Notice the high returns at the start gradually dropping down. This gives us a sense of proportion.

2: To evaluate fund performance with respect to its benchmark from the date in which you started investing  (not just SIPs)

Download freefincal mutual fund SIP tracker May 2019

Previous editions.

Download freefincal mutual fund SIP tracker Jan 2019

Download the freefincal Mutual Fund SIP XIRR Tracker (Aug 2017)

Do share if you found this useful

Create a "from start to finish" financial plan with this unique open-source robo advisory software template


 Don't like ads but want to support the site? Subscribe to the ad-free newsletter! 
You will get the full post-ad-free delivered to your inbox for Rs. 3000 a year. Follow this link to read the terms and sign up! 


About the Author M Pattabiraman author of freefincal.comM. Pattabiraman is the co-author of two books: You can be rich too with goal based investing and Gamechanger. “Pattu” as he is popularly known, publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis, including a robo advisory template for use by beginners. Contact information: freefincal {at} Gmail {dot} com He conducts free money management sessions for corporates (see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints.

Content Policy

Freefincal has original unbiased, conflict-of-interest-free,  topical reports, reviews, commentary and analysis on all aspects of personal finance like mutual funds, stocks, insurance etc. All guest authors and contributors to the site also do not have any conflict of interest. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. No promotional content We do not accept sponsored posts and link exchange requests from content writers and agencies. This is our privacy policy Our website is non-profit in nature. The revenue from the advertisement will only be used for hosting charges, domain registration charges, specific plugins necessary for traffic growth and analytics services for search engine optimisation.
Want to conduct a sales-free "basics of money management" session in your office?
I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; where to invest; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. I can do the talk via conferencing software, so there is no cost for your company. If you want me to travel, you need to cover my airfare (I live in Chennai)

Connect with us on social media


Do check out my books


You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingMy first book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now.  It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You WantGamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantMy second book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

The ultimate guide to travel by Pranav Surya

Travel-Training-Kit-Cover This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step.  Get the pdf for ₹199 (instant download)

Free Apps for your Android Phone

All calculators from our book, “You can be Rich Too” are now available on Google Play!
Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)

Blog Comment Policy

Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

4 Comments

  1. Dear Pattu sir,
    I am investing manually , date and amount is not fixed. Can i use this calc to check fund performance?

    Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *