09/06/2018
_Do u know the *15 X 15 X 15* rule of Mutual Funds?_
Well, it simply says that if one does a 15,000 rupees SIP per month for 15 years which earns average 15% compounded annual returns, You are able to accumulate *1 CRORE* Rs. 👍👍👍 (against your total investment of only 27 lakhs )
Now, read this one...
The *15 X 15 X 30* rule of mutual funds?
If u do a 15,000 Rs.SIP per month for 30 years (instead of 15 years as earlier), at a 15% compounded annual return, You will be able to accumulate *10 crores* 👍👍👍 (against 1 crore if u invest for 15 years more).
This shows that time, and not timing is important for Wealth Creation.
So stay Invested and Happy Investing..!!