UV's World: DOUBLE the returns on my Investments!

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When will my invested amount get doubled ?

We all fear of 1 thing before fearing of an end of the journey... that is an 'inflation'. Isn't it? And we all wish to get our hard earned money multiply by the God's multiple number!

Well there is a simple math.

Apply the 'rule of 72'!

Divide 72 by the rate of per year interest/returns you will get on your investment. The result will be the number of years your investment gets doubled.

If you are getting 9% interest/returns per year then divide 72 by 9. So in 8 years your invested money will be doubled! (Excluding Taxes here)

If a Mutual fund consistently gives returns of 24% ... and hypothetically it keeps giving same returns in the future too, then your invested money will be doubled in 3 years only as per the rule of 72 ! (Excluding Taxes here too)

One can EXPLORE and compare the Mutual Funds here. If you have invested in mutual funds you can see all of them under one roof here. you can also switch 'regular' into 'direct' from here and save the commission amount that may get deducted from your profits. Rule of 128 is implied when investments are periodic like an S.I.P.