CAGR 10Y
Compounded annual growth rate 10Y is an annualized return metric over a horizon of 10 years.
Formula = {(Ending NAV/Beginning NAV)^(1/10)} – 1
CAGR is the average growth over the horizon, the year wise returns might be erratic and uneven.
For eg : Following are the NAVs of fund A on different dates
31st March 2011 : 75
31st March 2016 : 150
31st March 2018 : 175
31st March 2021 : 225
Returns as of 31st March 2021 would be :
CAGR 3Y = {(225/175)^(1/3)}-1 = 8.74%
CAGR 5Y = {(225/150)^(1/5)}-1 = 8.45%
CAGR 10Y = {(225/75)^(1/10)}-1 = 11.61%
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