Three questions before you trust a single CAGR number.

A CAGR is one window into a fund's life. Rolling returns show you every window, so you can see the worst Monday, the median Monday, and the lucky Monday side by side.

What window did you pick, and why this one.

Ask for the start date. A 7Y CAGR starting from a market bottom and a 4Y CAGR starting from a euphoric peak tell completely different stories. If the brochure leads with the highest of the three, that is the choice. The lowest one is also true.

What does the rolling 5Y distribution look like.

The median is the honest number. The worst 5Y window tells you what the bad luck case actually felt like for someone who walked in on the wrong Monday. If the floor is negative, that is the regime risk you are signing up for, not the average.

Does the fund beat its benchmark across most windows, not just one.

A fund that beat NIFTY 50 TRI in one 5Y CAGR is fine. A fund that beat it in more than half of all rolling 5Y windows is structural alpha. The first is a screenshot. The second is a track record.

A CAGR is a sentence. A rolling return distribution is the paragraph. Read the paragraph before you sign the cheque.

Walk through the rolling-returns and benchmark-comparison modules on the RupeeCase Learn hub before you trust your next brochure number.

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