1. Mutual Funds (MFs)

Mutual funds are a pool of money that’s invested in various assets like stocks and bonds by a fund manager. There are different types of mutual funds with varying level

1. Mutual Funds (MFs)

Mutual funds are a pool of money that’s invested in various assets like stocks and bonds by a fund manager. There are different types of mutual funds with varying levels of returns and risk levels. 

Let’s take equity funds, for example. They invest in a bunch of stocks and are generally known to produce 10-12% returns on average over the long term. 

Based on the rule of 72, it would take equity funds approximately 6-7 years to double your money. Other mutual funds like international funds would take 4-5 years to create 2x wealth. 

You can access the top mutual funds in India handpicked and curated by Cube's Mutual Fund advisory partner, Wealth First.

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2. US Stocks

The US stock market is perhaps one of the best ways for Indian investors to generate 2x wealth over the long term. The truth is, the US market is home to top brands like Amazon, Apple, Google, Microsoft, and others that are household names across the globe. 

As an extension, they’re solid companies with a track record of consistently delivering returns for investors. Your investment will grow in USD that has historically been solid against the INR. The average returns generated by US stocks range from 7-9%. 

This implies that it’ll take roughly 8-10 years to double your money. But this number will obviously vary based on the quality of stock you invest in. The rare multi-bagger can generate 2x wealth faster than others. 

That’s why Indian investors can benefit from the advice and knowledge of an expert like RIA, Rick Holbrook, on Cube Wealth. Rick has been in the game for 40+ years and manages ~$130 million in assets for HNIs.  

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3. Index Funds & ETFs

Legendary investors like Warren Buffet believe that retail investors would benefit from investing in a fund or ETF that tracks an index like the S&P 500 or Sensex. 

Indices have been known to grow consistently over time. The same can’t be said for every stock within the index. Overall, index funds & ETFs have been known to generate 8-10% returns.

By extension, it means that they’ll take 7-8 years, give or take, to double an investment. Cube gives you access to top US index funds. See Best Index Funds

4. Bonds And Debt Funds

Bonds are issued by the government or private organizations in exchange for short or long term loans. Bonds are fixed-income securities that generate interest. 

The quality of a bond is determined by its grade or rating. In India, high-grade bonds are rated as AAA, AA+, F1+, P1+, and others. Such bonds have been known to generate 6-8% returns.

Based on the rule of 72, bonds may be able to double your money in 9 to 12 years. Indian investors can buy bonds in two ways:

• Registering on a stock exchange
• Investing in debt funds 

Route #2 is comparatively easier as the management team of the debt fund will create a portfolio of high-grade bonds. Moreover, apps like Cube help you invest in a handful of the best debt funds in India. 

‍See Top Debt Funds

5. Real Estate

This is a tricky one because it takes time to buy property on one hand. On the other, you’ll have to play the waiting game for the property to grow in value for it to double your initial investment. 

It’s a different story if you’re in the US in June 2021, with property rates skyrocketing to all-time highs. We recently covered the story on CubeWrap, a place where you can find financial news that matters. 

Even then it would take 7-10 years for a property to gain 2x value, as per conservative estimates by various economists. You can consult a Cube Wealth coach or download the Cube Wealth App.

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A more affordable alternative to this would be to invest in the stocks of US REITs. Real Estate Investment Trusts (REITs) hold assets across the property sector in the US.

Assets Vs Average Time Taken To Double Money

(The following are estimates and will vary based on actual investments)

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How To Double Money In India?

Truth be told, creating wealth isn’t easy. It takes time and a significant amount of patience. Anybody who tells you otherwise is simply lying. In fact, most of the assets listed above are tried and tested. 

Yet, they take at least 7 years on average to potentially double your money. A wise approach would be to build a perfect portfolio of investments that can grow and gain 2x value together, over time. 

Cube helps you do this with the bucket philosophy for the short, medium, and long term. Furthermore, the assets on Cube are handpicked by reliable advisors. Get Started Now

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