Compounding: Investing ₹1 lakh at the launch of THIS mutual fund would have grown to ₹36 lakh now in 25 years
2 weeks, 4 days ago

Compounding: Investing ₹1 lakh at the launch of THIS mutual fund would have grown to ₹36 lakh now in 25 years

Live Mint  

Compounding is one of the key secrets of wealth creation. To demonstrate the power of compound, we randomly select one aggressive hybrid mutual fund scheme - ICICI Prudential Equity & Debt Fund and examine its returns since the launch of scheme in 1999. Likewise, if someone had invested ₹1 lakh in this scheme three years ago, it would have swelled to ₹1.60 lakh. Tenure Return ₹ 1 lakh becomes 1 year 12.81 1,12,840 3 years 17.08 1,60,540 5 years 21.13 2,60,990 10 years 13.88 366,838 Since inception 15.26 36,14,200 In 10 years period, an investment of ₹one lakh would have swelled to ₹3.66 lakh. And if someone had invested ₹one lakh at the time of scheme's inception, the same ₹1 lakh investment would have multiplied to ₹36.14 lakh.

History of this topic

Wealth Creation: Investing ₹1 lakh in this mutual fund at its launch in 2007 would have grown to ₹11 lakh; check how
1 week ago
Mutual fund calculator: How to accumulate ₹41 crore with a monthly Systematic Investment Plan (SIP) of ₹15000
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2 weeks ago
Magic of compounding: Monthly SIP of ₹10K in this mutual fund would have grown to ₹3.7 crore now. Check how
2 weeks, 1 day ago
Magic of compounding: Investing ₹10K a month in this mutual fund since 2013 would have grown to ₹51 lakh; check how
1 month, 2 weeks ago
Compounding: ₹1 lakh investment in this mutual fund would have swelled to over ₹4 crore in 29 years; check how
2 months, 1 week ago
Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore
2 months, 2 weeks ago
Mutual Funds: Total asset size spikes 40% in a year, individuals own lion’s share as equity schemes turn favourites
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2 months, 3 weeks ago
Compounding: Investing ₹6,000 a month since inception in this mutual fund would have grown to ₹1.1 crore in 20 years
3 months, 2 weeks ago
Magic of Compounding: Monthly SIP of ₹12,000 into this Mutual Fund Would Have Grown to ₹1 Crore Now
4 months, 3 weeks ago
Mutual Funds: Investing ₹one lakh in this scheme at inception would have grown 8 times in 20 years
6 months, 2 weeks ago
Magic of compounding: ₹1 lakh invested in this mutual fund at the launch would have grown to ₹70 lakh
6 months, 3 weeks ago
Mutual funds: ₹1 lakh invested in this Tata scheme at inception would have grown to over ₹41 lakh now
11 months, 3 weeks ago
Mutual funds: Investing ₹1 lakh would have grown to ₹34 lakh in 24 years
1 year, 1 month ago
An investment of ₹1 lakh in this scheme would have grown 8 times in 15 years
1 year, 2 months ago
₹10,000 monthly turns to ₹11.98 lakh in 5 years in this mutual fund SIP plan
3 years ago
Your ₹1 lakh would have become ₹40.8 lakh in this stock in 10 months
3 years, 8 months ago
Mutual funds folio count surges by 18 lakh in June quarter
4 years, 7 months ago
Mutual fund investment via SIP rises 3.2% to ₹8,246 crore in October
5 years, 4 months ago
Mutual fund folio numbers hit record high of 8 crore
6 years, 3 months ago
Mutual Funds add 77 lakh accounts in first seven months of current fiscal
6 years, 3 months ago
Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey
7 years, 1 month ago
Investors pump in Rs 1+ lakh crore in mutual fund schemes in April, highest in 3 yrs
10 years, 10 months ago

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