Want to KnowHow much Time itâ€™s going to Take to DOUBLE Your Money?Use the Rule of 72!!

What is Rule of 72?

The Rule of 72 helps you understand the Time it would take to Double your Money based on a specified Rate of Return

Hereâ€™s How to Calculate

Time taken to Double Your Money = 72 / Rate of Return on Investment.Letâ€™s understand with an example

Rule of 72 Example

Suppose your Annual Rate of Return on your Investment is 10%.Â Use the formula, in this case - 72/10 = 7.2 Years. So, it will take 7.2 years to Double Your Money

Use Rule of 72 for Better Investment Planning

Understand how much time itâ€™s going to take to Double your Money with Rule of 72. Strategize your Investments accordingly.Â Keep inflation and Interest Rate fluctuations into consideration

Include Mutual Funds in Your Investment Strategy

Start withNavi Mutual Fund

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.