where the role of compound interest comes in mutual funds SIP as the no. of units remains same. only units are bought in regard to whatever amount we have invested and at last our fund value will be present NAV multiplied by total no of units accumulated. So where is compound interest ? clarify please
Stupid example. How can one choose the interest % gain from market. Simple and compound interest everyone knows but this stupid video explains nothing about how it works in mutual funds. everyone know compound interest has better returns but what is the co relation in mutual funds.