Investment Tips: In the changing times, the trend of investing in mutual funds has increased rapidly. Due to the rally in the stock market, those investing in Mutual Fund SIP have also got good returns. According to the data, 12 lakh new accounts have been opened in Mutual Fund SIP in December. Record investment has come in this month.
However, the mutual fund market is an investment fraught with risks. For the mutual fund investor, there are several rules to maximize one’s returns. The 15 x 15 x 15 rule (15 x 15 x 15 rule) of mutual funds is one of them. Through this you can get great return on your investment.
Know what the rule says?
In this mutual fund SIP (Systematic Investment Plan) investment, an investor can become a millionaire by investing ₹15,000 per month for 15 years. This rule says that if an investor invests in mutual funds for a long period, then the return will be 15 percent. That is, anyone can become a millionaire in just 15 years. However, mutual fund calculators suggest that one can double his maturity amount and get more than ₹2 crore in 15 years if an annual step-up of 15 per cent is maintained.
Also read- Investment Tips: How to make a fund of 1 crore by depositing 1000 rupees every month in mutual fund SIP, understand the complete math
understand by example
If someone does a monthly SIP of 15 thousand rupees for 15 years, then your invested amount will be 27 lakh rupees. In such a situation, if we assume an annual return of 15 percent, then you can get a total estimated return of up to Rs 74,52,946 on your investment. This means that your Rs 27 lakh will become Rs 1,01,52,946 after 15 years. In this way you can become a millionaire by depositing 15 thousand rupees every month in 15 years.
5 crore in how much time
Now how the fund of Rs 5 crore will be collected and how this formula works, it can be understood like this- an investor will have to invest 15 thousand rupees every month, expecting an annual return of 15 percent. And he has to invest this money for 20 years. In this way, a fund of about Rs 5 and a half crore can be collected with him.
Tags: Mutual fund investors, Mutual funds, Returns of mutual fund SIPs, SIP