FAQ

Which mutual fund will double money?

Which mutual fund will double money?

5 Mutual Funds That Doubled Investors Money In One year

Fund Name NAV(Rs) One year returns
ICICI Prudential Commodities Fund 25.72 132.68\%
Quant Small Cap Fund 127.834 127.10\%
Quant Infrastructure Fund 18.431 108.24\%
Kotak Small Cap Fund 165.321 105.99\%

How many years do mutual funds double?

The Rule Of 72 And Money Double Scheme 20,000 then your Rs. 20,000 will turn in Rs. 40,000 over a span of 72/12 = 6 years. the rule of 72 is extremely beneficial in comparing two investment avenues to know which one will double your money faster or even in comparison of two mutual funds for the same reason.

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What interest rate will double money in 5 years?

14.4\%
For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you’ll need to earn 14.4\% interest annually on your investment for 5 years: 14.4 × 5 = 72. The Rule of 72 is a simplified version of the more involved compound interest calculation.

Which investment will double in 5 years?

Currently, KVP offers a 6.9\% interest per annum. KVP is a safe investment as it is not subjected to market risks. Double the investment is guaranteed once the tenure ends….#4. Kisan Vikas Patra (Post office scheme to double the money)

Investment Interest Rate
5 year fixed deposit 6.7\%
Kisan Vikas Patra 6.9\%

Which MF gives highest return in one year?

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter

Scheme Name Plan 1Y
SBI Contra Fund – Direct Plan – Growth Direct Plan 58.67\%
Aditya Birla Sun Life Tax Plan – Direct Plan – Growth Direct Plan 20.69\%
Baroda ELSS – 96 – Plan B (Direct) – Growth Direct Plan 44.38\%
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Can You Double Your Money with mutual funds in three years?

You have an extremely ambitious return expectations – it is not possible to double the money with mutual funds in three years. You should earn around 20 per cent returns every year to double your money in a little over three years. You should earn around 14 per cent annual return to double your money in a little over five years.

How long does it take to Double Your Money?

You should earn around 20 per cent returns every year to double your money in a little over three years. You should earn around 14 per cent annual return to double your money in a little over five years. We have used the rule of 72 (by dividing 72 by annual return) to find out the number of years needed to double the money.

What is the return on investment in mid cap equity fund?

This is a Mid Cap Equity Oriented Mutual Fund launched in May 31, 2007. It is a fund with high risk and have given a return of 14.24 \% since its launch. Returns per annum over the years from this fund are :

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What are the advantages of investing through mutual funds?

The biggest advantage of investing through a mutual fund is that it gives small investors access to professionally-managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult to create with a small amount of capital. Let’s look onto the 10 mutual funds that would have doubled your money in 5 years.