Hello Anand Singh,
XIP: eXecute In Place
meaning process image directly in FLASH.
NO-XIP meaning copy image from FALSH to RAM to run.
About change no-xip to XIP, if you use MCUXpresso IDE, try to disable "Plain load image" , the re-build.

And if you haven't SDRAM, you need config the data in SDRAM to other RAM.
Regards
Alice