scorecardresearchWhat is the CAGR? Is it a better index to assess the performance of your investment?

What is the CAGR? Is it a better index to assess the performance of your investment?

Updated: 30 Dec 2021, 09:23 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
CAGR is considered to be one of the best ways to ascertain the rate of return on investment over a period of time.

CAGR is considered to be one of the best ways to ascertain the rate of return on investment over a period of time.