- When I check “How much SIP made in Liquid fund” there is two profit showing in result.
- Absolute profit
- Internal rate of return.
Can you please explain what is difference in both , which one should i consider while checking SIP return.
One more thing When I check SIP return of “LIC MF Liquid Fund - Direct Plan - Growth” Fund on both in Coin and Money control for same period of time. It should different result.
- In COIN : SIP return is 1.62% for 1Jan-2017 to 16-June-2017 , investing 5000 each month.
- Money Control portal it shows "SIP Investment Returns (CAGR*): 6.83%*"
http://www.moneycontrol.com/mutual-funds/nav/lic-mf-liquid-fund-direct-plan/sip-calculator-MJB172.html
Which one should I check/consider or I am doing something wrong while analyzing this fund.
I am very new in stock/fund, it might be very silly question for you but please help to understand this better.