
The Excel IFS function runs multiple tests and returns a value corresponding to the first TRUE result. Use the IFS function to evaluate multiple conditions without multiple nested IF statements. IFS allows shorter, easier to read formulas.
Test multiple conditions, return first true
Value corresponding with first TRUE result
=IFS (test1, value1, [test2, value2], ...)
Use the IFS function to test multiple conditions and return a value corresponding to the first TRUE result. Unlike the IF function, IFS allows you to test more than one condition without nesting. This makes makes formulas with many conditions easier to read.
Arguments are entered in test/value pairs. Each test (condition) represents a logical test that returns TRUE or FALSE, and each value is associated with the previous test. A value is returned by IFS only when its test returns TRUE, and the first test with a TRUE result "wins". The IFS function supports up to 127 conditions.
In the example shown the formula in E5 is:
=IFS(D5<60,"F",D5<70,"D",D5<80,"C",D5<90,"B",D5>=90,"A")
Note: the IFS function is new in Excel 2016 on Windows, and won't work in other versions of Excel.
Notes:

The Excel IFS function runs multiple tests and returns a value corresponding to the first TRUE result. Use the IFS function to evaluate multiple conditions without multiple nested IF statements. IFS allows shorter, easier to read formulas.
Test multiple conditions, return first true
Value corresponding with first TRUE result
=IFS (test1, value1, [test2, value2], ...)
Use the IFS function to test multiple conditions and return a value corresponding to the first TRUE result. Unlike the IF function, IFS allows you to test more than one condition without nesting. This makes makes formulas with many conditions easier to read.
Arguments are entered in test/value pairs. Each test (condition) represents a logical test that returns TRUE or FALSE, and each value is associated with the previous test. A value is returned by IFS only when its test returns TRUE, and the first test with a TRUE result "wins". The IFS function supports up to 127 conditions.
In the example shown the formula in E5 is:
=IFS(D5<60,"F",D5<70,"D",D5<80,"C",D5<90,"B",D5>=90,"A")
Note: the IFS function is new in Excel 2016 on Windows, and won't work in other versions of Excel.
Notes: