how to earn 1 crore with mutual funds, crorepati savings, mutual fund investment base, sip, compound, corpus, profit, inflationStock markets are volatile by nature but drift upward over the long term as we have seen in the past.

If you are looking to accumulate Rs 1 crore by investing in mutual funds, here is a simple rule to help you become a long-term stakeholder. The 15-15-15 mutual fund investment rule helps give an idea of ​​how much you need to save each month, for how long and at what growth rate to get Rs 1 crore as a target amount.
Stock markets are volatile by nature but drift upward over the long term as we have seen in the past. A return of close to 15 percent each year may not be possible in the stock market, but in the long run, an annual return of about 15 percent is possible.

15-15-15 investment rule

Figure ’15’ has been used three times in the rule indicating growth rate, duration and monthly amount of savings. Assuming you are able to generate 15 per cent annual return over 15 years (180 months), you need to save Rs 15,000 each month to arrive at a range of Rs 1 crore.

In other words, by investing Rs 15,000 every month for 15 years at an assumed annual growth rate of 15 per cent, the target amount of Rs 1 crore can be achieved.

Approximate package – 1 crore

Amount invested – Rs. 27 lakh (in 15 years)

Amount of profit – Rs. 73 lakh

The rule is a crude way to give you a head start on long-term savings. If you are comfortable with a 12 percent annual return, you can use a Step-up SIP to create a larger pool. Ideally, one should calculate the inflation-adjusted amounts to provide for the given target and then start saving for it.

How does it help

The 15-15-15 Mutual Fund Rule takes into account two primary things – one, the SIP’s investment position and second the combinations that work for the investor. By following the 15-15-15 mutual fund investing rule, you are instilling the habit of saving. It helps keep volatility in control as units are purchased through SIP. There is no temptation to time the market instead, one can add more funds to the same SIP when the market goes down big time.

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