scorecardresearchMagic of compounding: An SIP of this amount for 17 years can grow to over ₹1 crore

Magic of compounding: An SIP of this amount for 17 years can grow to over 1 crore

Updated: 12 Sep 2022, 10:37 AM IST
TL;DR.
A humble investment of 16,000 will give a return of over one crore when the investment grows at the rate of 12 percent. Read further to know for more details.
Warren Buffett called investing a ‘simple game’ that financial advisors have made harder than it is.

Warren Buffett called investing a ‘simple game’ that financial advisors have made harder than it is.