Explained: Want to know how long your investment will take to triple? Use Rule 114

Rule 114 helps investors estimate how long mutual fund investments may take to triple based on expected annual returns. Dividing 114 by the return rate gives the approximate timeframe, supporting long-term financial planning. However, the formula provides only an estimate, as mutual fund returns fluctuate and are never guaranteed.

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Why India’s steel demand is defying global weakness

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