Actively managed mutual funds have massively underperformed against indices

[Jason_Castelino]

@abcd5662

but the capital invested in the underlying.

I calculate it at the account level. This is how I calculate.

Know your XIRR : Excel Calculations

Profit is one of the most important objectives of any Investor or trader. Calculating your profit can not only help you determine your level of success, it also provides information on how you can better your returns. Profit being an absolute value, it doesn’t give you the right picture. Profit should always be seen in relative terms to the investment made. In stock market, we frequently add and withdraw funds. Our investment levels won’t remain same all the time. Hence the most appropriate in…

@abcd5662

No option strategy can give risk free return.

Totally agree.