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Magic of compounding: Investing ?10K a month in this mutual fund since 2013 would have grown to ?51 lakh; check how


Published on 2025-02-04 05:21:07 - MSN
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  • Compounding: Anyone who has been investing
  • 10,000 every month into Parikh Flexi Cap Fund since its launch in May 2013 would have accumulated
  • 51.84 lakh by now by investing a total of
  • 14 lakh only.

The article from MSN Money discusses the power of compounding through an example of investing in the Quant Small Cap Fund. If an investor had started investing ₹10,000 monthly in this fund since January 2013, by May 2024, their investment would have grown to approximately ₹51 lakh. This growth is attributed to the fund's impressive performance, with an XIRR (Extended Internal Rate of Return) of 26.43%. The article highlights how small, regular investments can significantly increase in value over time due to compounding, where returns are earned not just on the initial investment but also on the accumulated earnings. It also notes that while past performance isn't indicative of future results, the example serves as a testament to the potential benefits of long-term investment in mutual funds.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/magic-of-compounding-investing-10k-a-month-in-this-mutual-fund-since-2013-would-have-grown-to-51-lakh-check-how/ar-AA1ynALr ]