Mukhya Mantri Ladli Behna Yojana: How does compounding turn a small monthly investment into a decent corpus?
A minimal investment of ₹1000 every month can help one accumulate a decent corpus over a period, provided the investment is continued for a prolonged period. Beyond the investment amount and interest rate, it is the investment tenure that matters most when gaining from the compounding effect.
Public Provident Fund Invested Amount Index Funds Large Cap Fund Mutual Fund Investments Magic Of Compounding
Source: livemint.com