Banking Mantra

The Rule Of 144

29 Dec 2022

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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

Illustration:

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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