Earlier, we had seen how the RATE function can be used to calculate the return on investments, whether lump-sum or periodic. This can come in handy in the calculation of SIP returns, too.

Built-in Functions: Excel has built-in IRR and XIRR functions that simplify the calculations. Flexibility: Excel allows you to create custom financial models and perform scenario analysis.

A few weeks ago , we saw how the IRR (Internal Rate of Return) function in Microsoft Excel can be quite handy in calculating mutual fund SIP returns. As long as the time interval between the cash ...

The IRR function in Excel can be used in the case of bonds. However, the rate function can be used for computing the IRR on the coupon date of a bond.