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.
The typical mutual fund's average annual return will vary according to the broader market's performance during a specified time period. Over very long periods of time, most mutual funds return no more than 8 to 10 percent per year. Over shorter time frames, some mutual funds may produce far more impressive returns. During wild market bounces, certain well-positioned funds may double in value within a year's time. Despite their relatively attractive rates of return, mutual funds come with some important drawbacks. For starters, fund issuers charge ongoing management fees that may reduce rates of return by 1 to 2 percent each year.