n NISM Certifications
NSM General NISM
Medium

You invest ₹10,000 per month in a SIP. Assuming 12% return and beginning-of-month investment, how many years will it take to accumulate ₹25 lakh?

Practice question from Advanced B1 S5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    15 Years

  2. B

    12 Years

  3. C

    8 Years

  4. 10.4 Years

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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