The Rule Of 144
29 Dec 2022
An extension of Rule of 72, the Rule of 144 estimates how long it takes to quadruple your investment if you can estimate the annual rate of return.
144 ÷ Estimated rate of return = Years for Investment to Quadruple
Estimated rate of return
No of Years
- 8% | 144 ÷ 8 | 18 Years
- 10% | 144 ÷ 10 | 14 Years
- 12% | 144 ÷ 12 | 12 Years
- 15%| 144 ÷ 15 | 10 Years
AMOUNT INVESTED | ESTIMATED RATE OF RETURN | YEARS ~ TO QUADRUPLE |
FUTURE VALUE |
---|---|---|---|
`10,00,000 | 8% | 18 | 39,96,020 |
`10,00,000 | 10% | 14 | 37,97,499 |
`10,00,000 | 12% | 12 | 38,95,976 |
`10,00,000 | 15% | 10 | 40,45,558 |
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. The information provided is generic in nature and is for informational purpose only. Please consult your financial advisor before taking any decision.
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