Rs 30,00,000 Lump Sum Investment in Mutual Fund: In how many years can you create a corpus of Rs 1 crore, Rs 2 crore & Rs 3 crore at 12% annual return?
Power of Rs 30,00,000 Lump Sum Investment in Mutual Fund: Mutual funds are an asset class that pools money on behalf of investors across various assets such as stocks, equities, and bonds. This creates a snowball effect using the power of compounding that helps your investments grow exponentially over time. But when it comes to…