Mr. Shyam started investing in a systematic investment plan investing a sum of Rs. 30,000/- when he was 40 years old. By the time Mr. Shyam reaches 60 years of age, he would have invested Rs. 72 Lakhs and his investment grew on an average rate of 15% per annum.
So while Mr. Shyam invested 4 times more than the Mr. Ram , but the one starting out early has made a substantial gain compared to the one starting out late.
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