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What would be my corpus after 10 years @ 15 per cent CAGR

With 15% CAGR may I expect my capital to grow by 60 times in a period of 10 years? Kindly answer my query?

Dec 7, 2016 by Sanjay Banerjee,   |   Mutual Fund

I am afraid, your capital would not grow by 60 times in 10 years if the CAGR is 15% annual and even if it is compounded annually!

It will grow to 4 times at the above given rate and time period. Please check this link and try yourself https://www.advisorkhoj.com/tools-and-calculators...

Hope the above helps!

Thanks for writing to Advisorkhoj.

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