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If you do SIP, it will calculate returns using XIRR(returns of entire sip). I will consider it as good for equity. Some active funds will give better returns around 15
Suppose you started investing 2 years back, today you might be seeing total return as 18% which means total gain on your current invested sum,
XIRR means average annual return in your portfolio, suppose you earned 5% in first year and earned 20% in second year then your XIRR would be around 12.5% (this is just a layman calculation for the awareness purpose)
This means after 10 years you can easily check what is the actual annual return on the particular mutual fund.
I hope this clears your doubt
Rising Star
XIRR for mf above 10% is a very gud deal. Its per yr returns avg.
I think it is good, I made 17.8 xirr started my investment journey 2 years back, made 1.57 lac return by mutual fund
Pro
+1