CAGR, or Compound Annual Growth Rate, is a crucial metric in assessing the performance of mutual funds. It represents the mean annual growth rate of an investment over a period longer than a year. Mutual funds are popular investment vehicles that offer the potential for significant returns and help investors achieve their long-term financial goals. Evaluating the historical gains of a fund and calculating its CAGR are essential steps in analyzing its performance and making informed investment decisions. By understanding CAGR, investors can gain insights into the growth potential of mutual funds and make more informed choices for their financial future. [f0b3b0e8]
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Source: Tech Ballad
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