Decoding The Power Of Compounding | How Does Compounding Work In Mutual Funds? | ET Money Show

 

There's a famous saying that "Compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn't pays it." Compounding takes place when the returns or interest generated on the principal amount in the first period is added back to the principal amount in order to calculate the interest for the following periods. So what exactly is compounding and how does it help in growing your wealth? On The Money Show, we decoded the mathematics behind compounding your wealth with Arun Kumar, Head of Research, FundsIndia.com. Listen in to this insightful chat and let your money make money for you. #etmoneyshow #arunkumar #businessnews #interest Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com