SIP News: It is not that easy to earn 1 crore money by working in a company. But you can achieve it comfortably by doing a good and smart investment planning. So today we are going to know that you can become a crorepati by investing how much money in just 15 years.
Investment Strategy To Earn 1 Crore
Experts have made an estimate from their experience and have made such a formula by which you can earn 1 crore in 15 years. And the name of that formula is the 15-15-15 rule. i.e. if you invest 15000 rupees for 15 years and somehow you get 15% return on your investment, it will be more than 1 crore. And you will get this 15% returns easily from index fund or any mid cap large cap mutual fund, you just have to do some research. So, let’s understand 15-15-15 rule it better.
So suppose you invest 15000 rupees per month from your salary for 15 years, it becomes 27 lakhs. In which when you get 15% compound interest every year, that amount becomes 1 crore, which is a huge amount.
Disclaimer: While these Share is attractive, investors should exercise caution and conduct thorough research before making any investment decisions. It is essential to evaluate a company’s financial health, growth prospects before investing.
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