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Investing for 3 years - Bank vs Market
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Illustrating the power of recurring deposits over mutual fund investments.
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Investing for 3 years - Bank vs Market
1.
Investing – Bank
or Market Year: 3 Money: 5000 INR/month Term: 3 years Standard interest: 9% Year: 2 Year: 1 204, 975 INR 30% NAV appreciation 203, 000 INR NAV: 13 NAV: 12 Money: 5000 INR/month Total units: 15615.4 Term: 3 years End NAV: 13 INR/unit Starting NAV: 10 INR/unit NAV: 10 @souvikstweets Connect on LinkedIn
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