We explain what is compound annual growth rate here.
What is the CAGR? Is it a better index to assess the performance of your investment?
Updated: 06 Jan 2022, 10:02 AM IST
TL;DR.When you want to invest in a mutual fund, you should know the rate of return posted by the fund in the past. The asset management companies usually show the fund’s past performance at a rate known as compound annual growth rate (CAGR). Let us find out what it means
First Published: 06 Jan 2022, 10:02 AM IST
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