The honest number on mutual funds

Your 15% CAGR fund
gives you 11.8% after charges.

Fund houses show gross returns. You earn net returns — after expense ratio, exit load, and capital gains tax. The gap is bigger than you think.

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Large-cap fund
₹10K SIP, 10 years
15.0% CAGR
11.8%
💸
Regular vs direct
₹10K SIP, 20 years
₹91.2L
₹1.03Cr
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SIP XIRR vs CAGR
Nifty 50, 10 years
13.5% CAGR
11.2% XIRR

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Fund selection guides, SIP optimization, and tax-efficient withdrawal strategies.

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Frequently asked questions

Why is my SIP return lower than the fund return?
Funds show CAGR (lump-sum return). SIPs earn XIRR (time-weighted). Recent SIPs have barely grown, pulling down the average. XIRR is always lower than CAGR for SIPs.
Should I switch from regular to direct?
Yes. The 0.5-1.5% annual expense difference compounds to ₹8-12L on a ₹10K SIP over 20 years. Switch via Groww, Kuvera, or AMC website.
How much does LTCG tax reduce my returns?
Equity LTCG above ₹1.25L gains is taxed at 12.5%. On a ₹12L investment growing to ₹28L, tax is ~₹1.8L. Effective return drops from 15% to ~12.5%.