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ET Mutual Funds Explains: Want to know how many years will your investment take to triple? Use Rule 114

By Economic Times - 6 months ago
Rule 72 and Rule 114 offer quick calculations to estimate investment growth in mutual funds. Rule 72 predicts the time it takes for investments to double, while Rule 114 determines the time to triple. By dividing the respective number by the rate of return, investors can gauge their investment's growth trajectory.

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