The compound annual growth rate is the yearly growth rate calculated using an initial value and a target value over a specified period of time, taking into account the effects of interest compounding.
The compound annual growth rate (CAGR) shows the annual rate of return of an investment over a certain period of time. It’s usually expressed in annual percentage terms. The CAGR formula can be used ...
When it comes to evaluating the growth of an investment over time, especially for mutual fund investments such as Systematic Investment Plans (SIPs), Compound Annual Growth Rate is a vital metric.
Everyone wants some idea of what to expect from their investment before they open a position. And while there’s no way to tell for certain how an investment will perform, there are ways to assess the ...
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