The extended internal rate of returns (XIRR) is one of the widely used metrics for computing returns from a mutual fund investment, the other being the compound annual growth rate (CAGR). As an investor, you must have a solid understanding of both to gauge your fund's performance. Read on to find out what is XIRR in mutual funds and how it differs from the CAGR.

Equity and derivatives are two different types of financial instruments. Equity represents ownership in a company, while derivatives are contracts that derive their value from an underlying asset, such as a stock, bond, or commodity.

Read the article to understand the difference between how can you better understand the difference between the pricing structure in spot and future pricing