Double Your Investment In 5 Years India

For example due to coronavirus the demand for medicines become high. Then the answer would be 72 8 9 years.

Rule Of 72 How Fast You Can Double Your Investment Rule Of 72 Investing Rules

As per thumb rule 72 we should earn 14 18 and 24 for 3 4.

Double your investment in 5 years india. The NSCs are exempted under Section 80C of the Income Tax Act 1961 for up to Rs 150000 pa and can be used to avail loans from any bank. Nov 23 2018 To get your money doubled in five years the CAGR needed will be nearly 15 per cent more preciously 1487 per cent. Mar 24 2021 The formula is the Rule of 72.

Well you know that it is a bogus claim as mutual funds do not guarantee returns. Mar 18 2016 If you are planning to invest your money for 3-5 years you can plan to invest in Bjaja Auto Hero Motocorp Cadilla Health care Torrent Pharama Piramal Enterprise Eicher Motors or Bajaj Holdings. However there is no guaranteed-return product that offers such a high rate of.

Best way to double your money 3 to 5 years time frame. A Fixed Deposit Double Scheme is a plan which aims to double the investment of a customer over a period of time. Nov 04 2012 However past performance may or may not be repeated in the future hence an investor need to be little cautious before taking the investment decision.

However NO LIC plan can guarantee double money in 5 years as the returns on the plans are never guaranteed. Yes it is possible. Divide 72 with the number of years you want your money to double.

The performance of a scheme depends on the performance of its investments. The interest earned on this sum eventually doubles the money which is then given back to the customer at the end. There are various investment options which can double in 3 to 5 years investment time frame.

For example if you want to calculate in how much time will Rs. LIC Plan 5 year double money CANNOT be guaranteed and the returns vary from plan to. Feb 27 2020 Savings oriented plans help to build a fund for short as well as long term.

The pharmaceutical company like Cipla sun pharma Dr Reddy is making lots of profit. 20000 by investing in an instrument that gives you an interest rate of 8. HOW TO DOUBLE YOUR MONEY IN 5 YEARS HOW TO INVEST IN STOCK MARKET INVESTMENT PORTFOLIOYes you can double your money in 5 years.

Apr 29 2019 For NSCs with a 5-year tenure the rate of interest offered is 8 per cent per annum. Invested in NSC can double your money in 9 years. These schemes are generally offered by banks and require customers to deposit certain sums for a fixed period of time.

You need a compound annual growth rate of 1487 to double your investment in 5 years. These stocks may not double your money in one year but these stock will defiantly generate very good returns for the investors in future. Historically stock equity investment offers the highest long term return among major asset classes.

Higher returns come with higher risk. May 31 2017 You can invest your money in this mutual fund scheme your money would double in five years it is a common sales pitch employed by many mutual fund sellers. The rule of thumb is the rule of 72.

In the instant case 725 is 144 which is the per annum return compounded annual growth rate or CAGR you need to double your money in 5 years. But you have to choose an investment very carefully. 1487 annual return is a very high rate regardless of whether in nominal term before inflation or real term after inflation.

Jul 01 2020 Is it Possible to Double your Investment within a year. The estimated time period to double money 72 rate of return.

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