Quadruple: ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

Quadruple: ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

Mutual fund investors always want to know how many years it will take to double, triple or quadruple their investments. The last rule in the list is Rule 144 which tells how many years your investments will take to quadruple.This rule is double of Rule 72, that is, two multiplied by Rule 72 is equal … Read more

ET Mutual Funds Explains: Want to know how many years will your investment take to double? Use Rule 72

ET Mutual Funds Explains: Want to know how many years will your investment take to double? Use Rule 72

Rule 72 is a method used to find the number of years an investment will take to double in value. In other words, this method is easy to calculate how long the invested amount will be doubled at a specific rate. This method provides an accurate measurement. It is more helpful when an investor uses … Read more

MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

In the realm of investment planning, longevity is a virtue. The journey to financial security once you are near retirement often requires a careful balance of strategy, foresight, and adaptability. In a quest for clarity amidst the retirement planning maze, Gururaj, a 50-year-old investor brimming with aspirations, seeks to grow the portfolio so that he … Read more