Exploring Fixed Income Investments with Grip Invest
Paisa Vaisa with Anupam Gupta
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The Importance of Rate of Return
In all your products, I believe you say IRR, which is fundamentally different than rate of return. The best way to measure these timely returns or multiple returns is through a concept called IRR. It's been one of the most difficult parts of building grip to explain what IRR is and to prevent any kind of misunderstanding about it. You require an Excel sheet to be able to do it easily. Otherwise, it does take a bit of time.
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