@cagr_world
CAGR is a very useful method to calculate the growth rate of an investment. It can be used to evaluate past returns or estimate the future returns of your investments.
A CAGR is far more reliable to track the growth of an investment. This is mainly because the annual return rate doesn’t consider the compounding factor, leading to overestimation. Thus it is useful to understand how a mutual fund grows in terms of CAGR and use it to compare different funds.