CAGR: 5 things to know about Compound Annual Growth Rate The Economic Times
Contents:CAGR vs Absolute ReturnsWhat is meant by Compound Interest?A short video explaining CAGR The CAGR calculator helps you to calculate the returns from your mutual fund investments. You can compare the mutual fund’s average annual growth rate overtime against a benchmark. It allows you to choose the mutual fund based on past returns. Keeping this common application of the calculation in mind, it is prudent that investors find a convenient way to calculate CAGR. But, if the CAGR for 5-years is 19 per cent , it doesn’t mean that every year the scheme has given t