First Published: 02 Jan 2023, 03:07 PM IST
What is the CAGR?
Updated: 02 Jan 2023, 03:07 PM IST
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).