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Mutual Funds 4 min read

What is CAGR and How to Calculate It

Understanding Compound Annual Growth Rate with formula, examples, and how to use it to compare investments.

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IPOfins Team

Finance Research & Data • June 2026

What is CAGR? — Compound Annual Growth Rate

CAGR shows the steady annual rate at which your investment grew, eliminating year-to-year volatility.

Formula

CAGR = (Final Value / Initial Value)^(1/Years) - 1

Example

₹1 lakh became ₹2.5 lakhs in 5 years: CAGR = (2.5)^(1/5) - 1 = 20.1% per year

Good CAGR Benchmarks (India)

  • FD: 6-7%
  • PPF: 7-8%
  • Nifty 50: 12-14%
  • Good mutual fund: 15-20%
  • Top small-cap: 20-30%

Calculate your CAGR →