Hisar (city) Hisar pronunciation (helpÂ·info) or Hissar, is the administrative headquarters of Hisar district of Hisar division in the state of Haryana in northwestern India.
It then calculates the cumulative return and the average return in three ways -- first the numeric average of the numbers you enter, and then the cumulative return divided by the number of years, and finally by taking the cumulative return and finding the single rate that would compound to that cumulative amount over your time period.
When you are selecting a mutual fund, the average annual return is a helpful guide for measuring a fund's long-term performance. However, investors should also look at a fund's yearly performance to fully appreciate the consistency of its annual total returns.