Want 1% More in Your Investments? | Mutual funds vs. fixed Deposit #finance
- Imagine you invest ₹1,00,000 in a Fixed Deposit (FD) at a 6.5% interest rate for 20 years. By the end of those two decades, your investment grows to approximately ₹3,63,000. Sounds good, right?
- Now, let’s switch it up! If you had invested that same ₹1,00,000 in a Mutual Fund with an assumed return of 12%, your investment would balloon to a whopping ₹9,64,629! That’s more than double your FD amount! 😲
- But wait, it gets even better! If your mutual fund returns bump from 12% to 13%, your investment value soars to ₹11,52,309!
A 1% return increase led to a staggering ₹2,00,000 difference in your portfolio.
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#mutualfunds #sip #contentcreator #investing #sbimutualfund #diwaligift #finance #financialplanning #contentcreator #creativecontent #money #investmentportfolio #fixeddeposits #moneymatters
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