--- title: "Growth per year (CAGR) explained | RupeeCase" description: "Growth per year is the compound yearly growth of the model after estimated charges. Where it appears, how the app computes it and the one year rule." source_url: "https://www.rupeecase.com/learn/terminal/growth-per-year" --- ## Watch: Growth per year On a card it is the model over its full history, after charges.Growth per year: how fast did the model grow? 5 chapters, 1:06, with voice and music 1. [Chapter 1Where it is0:19](/instiv2/media/tut3/growth-per-year-where-phone-dark-v3-va2.mp4) 2. [Chapter 2What it means0:06](/instiv2/media/tut3/growth-per-year-meaning-phone-dark-v3-va2.mp4) 3. [Chapter 3Worked example0:06](/instiv2/media/tut3/growth-per-year-example-phone-dark-v3-va2.mp4) 4. [Chapter 4How to read it0:13](/instiv2/media/tut3/growth-per-year-reading-phone-dark-v3-va2.mp4) 5. [Chapter 5Watch out0:22](/instiv2/media/tut3/growth-per-year-watch-phone-dark-v3-va2.mp4) Screens from the RupeeCase app on sample data. Strategy figures are model, back tested, as of the date on screen. Formula and example numbers are illustrative. Mark as watched 4In this screen ## Every button the video points at. A still from each chapter with its buttons and fields numbered. Pick a number to zoom in on it; hover the still for a close up; Esc shows the whole screen again. Sample data, no order is placed. **1**Where it is**4**How to read it**5**Watch out ### Chapter 1: Where it is 1 Show the whole screen 1 Show the whole screen 1. 1**Growth per year**On a card it is the model over its full history, after charges. Shown in the video, not on this still 2. 2**The period you chose** On the strategy page it follows the period chips. Shown in the video, not on this still ### Chapter 4: How to read it 1 Show the whole screen 1 Show the whole screen 1. 1**NIFTY 50, same span**Read it beside the NIFTY 50 figure under it. Shown in the video, not on this still ### Chapter 5: Watch out 1 Show the whole screen 1. 1**Under a year: the return**On 1Y the card shows the return for the year instead. Shown in the video, not on this still ## Where it is ScreenMarketplace and StrategyBasic The large figure on every Marketplace card and a lead key figure on a strategy page, after Today. Basic and Advanced. Index in this video: [Allcap](/strategies/allcap) (strategy page). ## What it means Growth per year is the average yearly growth rate that, compounded, turns the model's start value into its end value. On a card it covers the full model history after charges. On a strategy page it covers the period you chose, and sits beside the benchmark's figure for the same span. ## The formula Take the end value over the start value, then take the root for the number of years. Subtract one. As computed in the RupeeCase app`Growth per year = (end value / start value) ^ (1 / years) - 1, years = days / 365.25 Not shown under half a year; the key figure needs a window of 1 year or more` ## Worked example Example only * Rs 1,00,000 grows to Rs 2,00,000 in 5 years * (2,00,000 / 1,00,000) ^ (1 / 5) - 1 = 14.9% a year * Total return is +100%; per year it is 14.9% ## How to read it * Read it beside the benchmark figure under it, for the same span. * A higher figure with a deeper max drawdown means a rougher ride. * Card figures are full history; strategy page figures follow the period. ## Watch out * Under a year the key figure switches to "Return, last N months". * It is the model after estimated charges, not a live return. * A few strong years can lift the average; check Year by year. ## Transcript Tap Sound on for voice and music. These are the captions of the video, chapter by chapter. 1. 0:00**Where it is.** On a card it is the model over its full history, after charges. 2. 0:19**What it means.** Take the end value over the start value, then take the root for the number of years. Subtract one. 3. 0:25**Worked example.** Worked example, example only: Rs 1,00,000 grows to Rs 2,00,000 in 5 years. (2,00,000 / 1,00,000) ^ (1 / 5) - 1 = 14.9% a year. Total return is +100%; per year it is 14.9%. 4. 0:31**How to read it.** Read it beside the NIFTY 50 figure under it. 5. 0:44**Watch out.** On 1Y the card shows the return for the year instead. ## Terms in this tutorial * [CAGR](/learn/glossary#cagr)Compound Annual Growth Rate. * [backtest](/learn/glossary#backtest)Simulation of a strategy on historical data to estimate past performance. ## Learn it in depth * [Module 4.4: Performance Measurement9 min read, free](/learn/path-4/module-4-4-performance-measurement) * [Module 3.1: The Momentum Factor11 min read, free](/learn/path-3/module-3-1-momentum-factor-deep-dive) TKeep watching ## Next tutorial. [0:56Next tutorial, Read a strategyMax drawdown: how bad did it get?Max drawdown is the deepest fall of the model from a running high to a later low. Where it appears, how it is computed and how to read it.Watch next](/learn/terminal/max-drawdown) ### Related tutorials * [1:08Read a strategy, BasicRs 10,00,000 became: what do the hero figure and periods show?1:08 video, BasicWatched](/learn/terminal/hero-figure-and-periods) * [0:57Read a strategy, BasicThe benchmark line: what is the strategy compared with?0:57 video, BasicWatched](/learn/terminal/benchmark-line) * [0:45Read a strategy, BasicThe riskometer: what sets Low to Very High?0:45 video, BasicWatched](/learn/terminal/riskometer) [All 67 terminal tutorials](/learn/terminal/) Try it in Practice ## See it on your own screen. Practice mode runs the whole terminal without real orders, so you can open any strategy and find every screen from this tutorial for yourself. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[Glossary](/learn/glossary) Explore next ## Keep learning the terminal. * [TutorialMinimum investment: why does each strategy have one?0:51 video, Basic](/learn/terminal/minimum-investment) * [TutorialRebalance cadence: how often does the strategy trade?0:56 video, Basic](/learn/terminal/rebalance-cadence) * [TutorialAlpha: which of the two alphas is this?1:08 video, Advanced](/learn/terminal/which-alpha) * [TutorialSharpe and volatility: how bumpy was the ride?0:54 video, Advanced](/learn/terminal/sharpe-and-volatility) * [TutorialNet return and charges: what do estimated costs take?0:47 video, Basic](/learn/terminal/net-return-and-charges) * [TutorialThe key figures card: what are the four lead figures?0:58 video, Basic](/learn/terminal/key-figures-card) Community ## Join my WhatsApp group. Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me. [Sign up for RupeeCase](https://invest.rupeecase.com/signup) [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7) [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera Education only, not investment advice. Screens are recordings of the RupeeCase app on sample data. Strategy figures are model, back tested and after estimated charges, as of the date on screen; they are not client returns and not a promise of future returns. Formula and worked example numbers are illustrative. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a mutual fund, a PMS, an AIF or a SEBI registered investment adviser. Trades execute through your own SEBI registered broker and the shares sit in your own demat. Investments in securities markets are subject to market risks.