Will 2 LAKH in Mutual Funds Grow to a FORTUNE in 20 Years? | What Happens When You Invest 2 LAKH in Mutual Funds for 20 Years
#SIP #MutualFund #Finance
*TOPIC COVERED*
What is the future value of 2 lakh after 15 years?
How to invest 2 lakh lump sum?
How much will 2 crore return in 20 years?
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A lump sum of ₹2 lakh invested for 20 years can grow to approximately ₹19.29 lakh with a 12% annual return, or a significantly higher amount with a higher rate of return, due to the power of compounding. The final value depends on the annual rate of return, with higher returns leading to a larger future value. You can use a lump sum calculator from a bank or brokerage to estimate the future value based on your expected return rate.
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