Magic of compounding: ₹1 lakh invested in this mutual fund at the launch would have grown to ₹70 lakh

If someone had made an investment of ₹one lakh at the launch of ICICI Prudential Multi Asset Fund i.e., on Oct 31, 2002, the investment would have grown to a whopping ₹70 lakh, thus giving a return of 21.56 per cent.