Finance Dictionary
CAGR
Compound Annual Growth Rate — the steady annual growth rate an investment would need to grow from its beginning value to its ending value over a given time period, assuming profits are reinvested.
Formula
CAGR = (End Value / Start Value)^(1/Years) − 1
Example
₹1 lakh growing to ₹2.59 lakh in 10 years = CAGR of 10%.