Comparing Portfolio XIRR with Benchmark Index Blends in MProfit

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!