--- title: "Your return three ways: hero, TWR, XIRR | RupeeCase" description: "A portfolio shows its return on net invested in the hero, a time weighted return in the key figures, and a money weighted return per year in Advanced." source_url: "https://www.rupeecase.com/learn/terminal/your-return-three-ways" --- ## Watch: Your return three ways The hero: profit or loss on your net invested money.Your return three ways: why do the hero, key figure and XIRR differ? 5 chapters, 1:04, with voice and music 1. [Chapter 1Where it is0:17](/instiv2/media/tut4/your-return-three-ways-where-phone-dark-v4-va2.mp4) 2. [Chapter 2What it means0:16](/instiv2/media/tut4/your-return-three-ways-meaning-phone-dark-v4-va2.mp4) 3. [Chapter 3Worked example0:08](/instiv2/media/tut4/your-return-three-ways-example-phone-dark-v4-va2.mp4) 4. [Chapter 4How to read it0:13](/instiv2/media/tut4/your-return-three-ways-reading-phone-dark-v4-va2.mp4) 5. [Chapter 5Watch out0:10](/instiv2/media/tut4/your-return-three-ways-watch-phone-dark-v4-va2.mp4) Screens from the RupeeCase app on sample data. Strategy figures are model, back tested, as of the date on screen. Formula and example numbers are illustrative. Mark as watched 4In this screen ## Every button the video points at. A still from each chapter with its buttons and fields numbered. Pick a number to zoom in on it; hover the still for a close up; Esc shows the whole screen again. Sample data, no order is placed. **1**Where it is**2**What it means**4**How to read it ### Chapter 1: Where it is 1 Show the whole screen 12 Show the whole screen 1. 1**On net invested**The hero: profit or loss on your net invested money. Shown in the video, not on this still 2. 2**Time weighted**The key figure: the return of the holdings, flows left out. Shown in the video, not on this still ### Chapter 2: What it means 1 Show the whole screen 1 Show the whole screen 1. 1**Money weighted, a year**In Advanced: money weighted return per year, the XIRR. Shown in the video, not on this still ### Chapter 4: How to read it 1 Show the whole screen 1 Show the whole screen 1. 1**The hero's basis**Same money in NIFTY 50: your amounts, on your dates. Shown in the video, not on this still ## Where it is ScreenPortfolioBasic A portfolio page: the hero line under the value; the key figure Return, since you invested (Growth per year after a year); and, in Advanced, Money weighted return per year under the Compare card on the Returns tab. Index in this video: [Large Cap Multi Asset](/strategies/largecap-multi-asset) (the sample portfolio). ## What it means The hero divides the profit or loss by your net invested money: what went in less what came out. The key figure follows the portfolio's weekly unit value, which money in and out does not move, so it shows how the holdings did: a time weighted return, per year after a full year. Money weighted return per year is the XIRR: the yearly rate that brings every rupee in and out, and today's value, to zero; it counts when your money arrived. After a top up or a withdrawal the three part. ## The formula Hero: profit or loss over net invested. Key figure: the unit value's change, which flows do not move. XIRR: one yearly rate for all your flows and today's value. As computed in the RupeeCase app`Hero return = (current value - net invested) / net invested, since you invested Key figure = unit value now / unit value at the start - 1 (per year from a year) Money weighted return per year = XIRR of money in, money out and today's value (after 30 days)` ## Worked example Example only * Rs 1,00,000 in; it grows to Rs 1,20,000 (+20%) * You add Rs 1,00,000, then the whole falls 10% to Rs 1,98,000 * Hero: -1% on Rs 2,00,000; time weighted: 1.2 x 0.9 - 1 = +8% ## How to read it * Hero under the key figure: more of your money was in during the weaker weeks. * XIRR is per year, so a few months can show a large figure. * Same money in NIFTY 50 uses the hero's basis: your amounts on your dates. ## Watch out * The hero's Invested is net of withdrawals, not the total you put in. * Money weighted return per year shows after 30 days, in Advanced only. * All three are before taxes on your gains. ## Transcript Tap Sound on for voice and music. These are the captions of the video, chapter by chapter. 1. 0:00**Where it is.** The hero: profit or loss on your net invested money. 2. 0:17**What it means.** In Advanced: money weighted return per year, the XIRR. 3. 0:33**Worked example.** Worked example, example only: Rs 1,00,000 in; it grows to Rs 1,20,000 (+20%). You add Rs 1,00,000, then the whole falls 10% to Rs 1,98,000. Hero: -1% on Rs 2,00,000; time weighted: 1.2 x 0.9 - 1 = +8%. 4. 0:41**How to read it.** Same money in NIFTY 50: your amounts, on your dates. 5. 0:54**Watch out.** Watch out: The hero's Invested is net of withdrawals, not the total you put in. Money weighted return per year shows after 30 days, in Advanced only. All three are before taxes on your gains. ## Terms in this tutorial * [Time weighted return](/learn/glossary#time-weighted-return)A return that strips out the effect of money added or taken out, so it measures how the holdings themselves did. * [Money weighted return per year](/learn/glossary#money-weighted-return-per-year)The yearly return that takes account of when each rupee went in or came out. * [Invested](/learn/glossary#invested)The money you put in, less the money you took out. * [Same money](/learn/glossary#same-money)What the benchmark would show if the same amounts had gone into it on the same dates as your money. ## Learn it in depth * [Module 2.6: Model History vs Your Portfolio8 min read, free](/learn/path-2/module-2-6-model-history-vs-your-portfolio) * [Module 10.7: Running a Portfolio: Invest, Top Up, Withdraw and Rebalance9 min read, free](/learn/path-10/module-10-7-running-a-portfolio-invest-top-up-withdraw-and-rebalance) * [Module 8.1: Why Investors Lose, Introduction to Behavioural Finance11 min read, free](/learn/path-8/module-8-1-why-investors-lose-introduction-to-behavioural-finance) TKeep watching ## Next tutorial. [1:13Next tutorial, Your moneyMTF: what changes when the broker funds part of a buy?On a 5paisa Live invest or top up sheet, MTF lets your broker fund part of a buy. What the block shows, what the total means and how a loss grows.Watch next](/learn/terminal/mtf-on-the-invest-sheet) ### Related tutorials * [1:09Your money, BasicPortfolio value: what does "Same money in NIFTY 50" mean?1:09 video, BasicWatched](/learn/terminal/portfolio-hero-and-same-money) * [1:14Your money, BasicThe Dashboard summary: value, invested and return1:14 video, BasicWatched](/learn/terminal/dashboard-strip) * [0:51Your money, BasicTop up: how is new money added to a portfolio?0:51 video, BasicWatched](/learn/terminal/top-up) [All 67 terminal tutorials](/learn/terminal/) Try it in Practice ## See it on your own screen. Practice mode runs the whole terminal without real orders, so you can open any strategy and find every screen from this tutorial for yourself. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[Glossary](/learn/glossary) Explore next ## Keep learning the terminal. * [TopicXIRR and CAGR: the return measures, side by sideA reading list: guides, modules, tools and questions](/topics/xirr-vs-cagr/) * [TutorialThe invest sheet: what happens when I press Invest?1:14 video, Basic](/learn/terminal/invest-sheet) * [TutorialThe portfolio card: status, due pill and cycle ring1:04 video, Basic](/learn/terminal/portfolio-card) * [TutorialModel cards on a portfolio: which figures are mine?0:53 video, Basic](/learn/terminal/model-cards-vs-your-figures) * [TutorialRebalance in the app: what does Rebalance now do?1:02 video, Basic](/learn/terminal/rebalance-in-the-app) * [TutorialWithdraw: what is sold, and where does the money go?1:09 video, Basic](/learn/terminal/withdraw) Community ## Join my WhatsApp group. Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me. [Sign up for RupeeCase](https://invest.rupeecase.com/signup) [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7) [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera Education only, not investment advice. Screens are recordings of the RupeeCase app on sample data. Strategy figures are model, back tested and after estimated charges, as of the date on screen; they are not client returns and not a promise of future returns. Formula and worked example numbers are illustrative. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a mutual fund, a PMS, an AIF or a SEBI registered investment adviser. Trades execute through your own SEBI registered broker and the shares sit in your own demat. Investments in securities markets are subject to market risks.