15-15-15 rule: How can a Rs.15,000 monthly SIP potentially grow to Rs.1 crore? Check the complete calculations
New Delhi, Oct. 25 -- Are you aiming to build a meaningful corpus for your future? Do you have a proper financial plan to accomplish the same objective? Are you aware of the silent power of compounding?
Having a clear understanding of these basic concepts is indispensable for ensuring meaningful wealth creation in the long run. Now, building a corpus of Rs.1 crore through mutual fund investments may seem a challenging and daunting task; still, a disciplined approach, clarity of objectives and a long-term investment horizon can help investors work towards this goal.
The 15-15-15 rule of investing is a popular investment thumb rule that clearly explains how patience, consistency in investing, time, and compounding can work together to bui...
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