Compounded annual growth rate 3Y is an annualized return metric over a horizon of 3 years.
Formula = {(Ending NAV / Beginning NAV)^(1/3)} - 1
CAGR is the average growth over the horizon, the year wise returns might be erratic and uneven.
Modified on: Mon, 24 Jan, 2022 at 1:00 PM
Compounded annual growth rate 3Y is an annualized return metric over a horizon of 3 years.
Formula = {(Ending NAV / Beginning NAV)^(1/3)} - 1
CAGR is the average growth over the horizon, the year wise returns might be erratic and uneven.
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