Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes
If it is a mathematics question, it will approximately be 3.5 Lacs. However,
A) some mutual funds give lower than market returns (debt/MIPs), some give much higher (and higher losses on the downside).
B) They have expenses !! They eat away 2.5 percent of your growth every year.
C) This is not considering dividends which may be issued by company