Ever come Across Following Phrases?
- Our Company has given 33% CAGR Returns in last 30 Years.
- If you had invested in our Mutual Fund Rs One Lakh in 2000, you would have 22 Lakh in 2017 - A Mind Boggling 20% CAGR in last 17 years
- This Company can Grow at 66% CAGR for next 10 years
And they follow this with Disclaimer - Read Offer Document Carefully before investing :-)
What is CAGR Really? Are these Statements Really as Awesome as they Sound? Read on...
- Our Company has given 33% CAGR Returns in last 30 Years.
- If you had invested in our Mutual Fund Rs One Lakh in 2000, you would have 22 Lakh in 2017 - A Mind Boggling 20% CAGR in last 17 years
- This Company can Grow at 66% CAGR for next 10 years
And they follow this with Disclaimer - Read Offer Document Carefully before investing :-)
What is CAGR Really? Are these Statements Really as Awesome as they Sound? Read on...