What is the CAGR if ₹50,000 grew to ₹2 lakh in 5 years?
An investment that grew from ₹50,000 to ₹2,00,000 over 5 years has a CAGR of about 31.95%.
What is CAGR?
CAGR (Compound Annual Growth Rate) is the constant annual rate at which a single investment would need to grow to go from its beginning value to its ending value over a given period — it assumes one entry and one exit, unlike XIRR which handles multiple cash flows.