Instead of buying an iPhone of Rs. 70,000/-, If I invest in mutual fund with expected growth of 20%, what would be the final Outcome ? 😍

The initial investment is (₹70,000).

 The growth rate is (20%).

When the final amount will become (₹1,00,00,000) ?

 Let's calculate the time...!!!

It will take approximately 27.2 years for your ₹70,000 investment to grow to ₹1 crore at a 20% annual growth rate.