Introduction Imagine you invested ₹1 lakh in a mutual fund. After 5 years, it grew to ₹1.9 lakhs. Your friend says, “Wow, you made 90% returns!” But is that the full story? Not really. Absolute returns (90%) don’t tell you how much your money grew each year. That’s where CAGR (Compound Annual Growth Rate) comes in—it smooths out your returns to show […]