In this tutorial, we will guide you on how you can compare the XIRR of your portfolio with the XIRR of a blend of various market indices in MProfit.
Step 1: Login to your MProfit account and navigate to Analytics.
Step 2: On the Analytics page, select the Performance option.
Step 3: Scroll down to find the XIRR Comparison section.
Click on Change Benchmark.
Step 4: At the top of the page, locate and click on the Blends option.
Step 5: Click Create new Blend.
Step 6: You're allowed to select up to five indices at a time.
For this tutorial, we'll select Nifty 100.
Step 7: Next, select Nifty 200.
Step 8: Lastly, select Nifty 500.
Step 9: After making your selection, click Select.
Step 10: Drag the bar to indicate the percentage you want for each specific index.
Step 11: The percentages for each index are displayed.
For example, 25% for Nifty, 1% for Nifty 200, and 0% for Nifty 500.
Click on Save when you're done.
Step 12: You'll now see the notional XIRR of your blended benchmark indices.
If you've created multiple blends, you can switch between them.
To do this, click Change Benchmark.
Step 13: Choose the Blends you want to view.
Step 14: Finally, click on Select.
This is how you can compare the XIRR of your portfolio with the XIRR of a blend of various market indices in MProfit!
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article