New Delhi, April 30 (IANS) PhonePe on Thursday announced that it has crossed the milestone of 700 million (70 crores) life-till-date registered users on its platform as on April 29, 2026.This milestone highlights PhonePe’s population-scale reach in India and the breadth of its digital platform offerings across payments and financial services distribution.It also reflects the company’s sustained growth, driven by increasing consumer trust, market-leading distribution network, and a continued …
Latest Compound Annual Growth Rate News & Updates
New Delhi, April 14 (IANS) Indian equities continue to demonstrate strong long-term wealth creation potential, delivering 11–12 per cent CAGR over the last 20 years, with the Nifty 50 multiplying investor wealth by over 8 times, a report showed on Tuesday.Over a longer horizon, equities have grown nearly 80 times since 1990, translating to 13 per cent annualised returns, according to FundsIndia’s ‘Wealth Conversations Report.’“Overall, time in the market is more important than timing t…
New Delhi, March 24 (IANS) When it comes to returns, mid-cap and small-cap mutual funds have remained among the preferred choices for investors. Both categories have witnessed substantial growth over the past five years, with assets under management (AUM) rising sharply on the back of strong investor participation and sustained inflows, a report said on Tuesday.A report by ICRA Analytics pointed out data from Association of Mutual Funds in India (AMFI), which showed that mid-cap funds posted a f…