Mutual Fund Returns Comparison
Compare annualized returns (XIRR) for two mutual fund investments over the same holding period. Enter each fund's invested amount and current value to see which scheme delivered a higher money-weighted return—useful when evaluating a switch or rebalancing between funds.
Same period for both funds
Use the dates you invested (or the common window you want to compare). XIRR uses the exact number of days between dates.
Holding period: 5.00 years (60 months approx.)
Higher annualized return (XIRR)
Fund A — 10.53% p.a.
Gap: 1.23% per year (123 basis points)
Side-by-side
| Metric | Fund A | Fund B |
|---|---|---|
| XIRR (p.a.) | 10.53% | 9.30% |
| Total return | 65.00% | 56.00% |
| Profit / loss | ₹3,25,000 | ₹2,80,000 |
Annualized return (visual)
Bar length is relative to the larger of the two annualized returns (absolute values).
Wealth created (absolute gains)
Fund A
₹3,25,000 • 54%
Fund B
₹2,80,000 • 46%
Why compare mutual fund returns on the same dates?
Published point-to-point returns (1 year, 3 years, 5 years) on factsheets are useful, but your real experience depends on when you bought and what the value is today. This tool compares two schemes using your actual (or hypothetical) purchase date and current value, so you see annualized performance over the same calendar window—fairer than comparing headline CAGR from different time ranges.
Parameters people use when comparing mutual funds
Alongside annualized return, many investors review expense ratio, fund category, benchmark and risk ratios (standard deviation, Sharpe), portfolio overlap, and consistency of returns. This calculator focuses on money-weighted annualized return (XIRR) for a simple lump-sum invested once and valued once—ideal for comparing two funds you held (or would have held) in parallel.
- Same asset class: Compare large-cap to large-cap, mid-cap to mid-cap, or debt to debt for meaningful results.
- Long horizon for equity: Equity mutual funds are usually evaluated over years, not weeks.
- Costs matter: A lower expense ratio can improve net returns; include that when choosing between similar funds.
XIRR vs CAGR for mutual funds
For a single lump-sum purchase and a single valuation date, XIRR (extended internal rate of return) matches the compound annual growth rate over the exact day count—so it aligns with how many investors think about “annualized return” for that holding period. If you add SIPs, STPs, or partial withdrawals, use a full cash-flow tool or spreadsheet: this page assumes one outflow and one inflow per fund.
Related tools on ZeroKhata
- CAGR calculator — annualized return from initial and final value over whole years.
- SIP calculator — future value of regular monthly investments.
- Step-up SIP calculator — SIP with increasing contributions each year.
Frequently Asked Questions (FAQ)
What is mutual fund return comparison?
It is the practice of measuring how two schemes performed over the same period using comparable inputs—typically purchase amount, valuation amount, and dates—so you can see which fund delivered higher annualized returns for that window.
What does XIRR mean here?
XIRR is the annualized discount rate that makes the net present value of your cash flows zero. For one investment and one redemption on two dates, it is the annualized return that compounds from purchase to current value over the exact number of days.
Can I compare SIP accounts with this tool?
This page is built for a single lump-sum per fund and one valuation date. SIPs have many instalment dates; for that, enter all dated cash flows in a spreadsheet or use a dedicated SIP XIRR workflow. Our SIP calculator helps project future value for regular investments.
Should I switch to the fund with higher past returns?
Past performance does not guarantee future results. Taxes, exit loads, your risk profile, and goal horizon matter. Use this comparison as one input alongside category fit, costs, and portfolio strategy—not as the only reason to switch.
Is this mutual fund comparison calculator free?
Yes. There is no sign-up or fee. Calculations run in your browser; we do not store your fund names or amounts.