How much will a ₹16 lakh lump sum investment in mutual funds generate in 25 and 35 years?
If a person starts at the age of 25 and the investment compounds till 60, a ₹16 lakh lump sum investment in mutual funds will generate a maturity corpus of ₹8.45 crore at an annual growth rate of 12%. If the same person starts investing at 35, a ₹16 lakh lump sum investment will generate ₹2.72 crore corpus at 60.