Understanding SIP CAGR: Measuring Your Annual Growth Rate
When I first encountered the concept of SIP CAGR, I realized just how essential it is for anyone using Systematic Investment Plans. It's not just a fancy term; it's a powerful tool that measures the annual growth rate of our investments. Understanding how to calculate it can greatly influence our investment strategies. But what exactly goes into this calculation, and why does it matter so much? These questions are vital for any investor aiming to optimize their portfolio. Let's explore the factors that affect SIP CAGR and how they can shape our financial decisions.
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