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Research Paper | Finance | Volume 10 Issue 11, November 2021 | Pages: 469 - 473 | India
Power of Compounding in Mutual Funds
Abstract: Compounding can make things appear to be larger than they really are. This effect can arise when returns resulting from an event are compounded over a long holding-period. With compound interest, the interest that you earn increases with the increase in your investment (monthly/quarterly/semi-annual/or annual investment plus the interest that you are earning on this investment). This calculator will help you calculate the worth of your investment after a set number of monthly investments or even a single, initial investment, based on the interest accrued on the invested amount. This paper aims to know the Power of Compounding in Mutual Funds.
Keywords: Compounding, effect, interest, calculator, investment
How to Cite?: Ishika Mittal, "Power of Compounding in Mutual Funds", Volume 10 Issue 11, November 2021, International Journal of Science and Research (IJSR), Pages: 469-473, https://www.ijsr.net/getabstract.php?paperid=SR211031183016, DOI: https://dx.doi.org/10.21275/SR211031183016