how to become a crorepati Trick to become a millionaire trick to become crorepati | How to become crorepati in hindi
15 x 15 x 15 Rule: Who doesn’t dream of becoming a millionaire one day? If you also have the same dream, there is nothing to worry about. We have come up with such a powerful method for you that no one can stop you from becoming a millionaire, you just have to invest in a disciplined manner.
trick to become a millionaire
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Today we are going to tell you such a method of investment with the help of which you can easily deposit not lakhs but crores of rupees. And if you have to do this trick in mutual funds then there is nothing to be afraid of, this is not an unheard method. The only thing to do is invest in mutual funds.
1 5 x 15 x 15 rule 15*15*15 Formula
If you also want to make a big fund worth crores from mutual fund, then you will have to do a certain planning. Today we will talk about 15-15-15 Formula. This is a tried and tested method. If you want to make money through mutual funds, then time is of the essence. Because by investing in the long term, the interest received after some time increases significantly which further increases your savings. Read the entire article thoroughly so that you can understand the whole thing clearly. Because half the information has the potential to cause harm. One should understand the method well and the other should follow it.
What is the 15 x 15 x 15 rule? 15*15*15 Rule
Investors have to follow the 15*15*15 rule to create a better fund i.e. up to crores. Let us explain this meaning to you in detail. According to this rule, if you invest Rs 15,000 in SIP of any mutual fund for 15 years, then you can collect up to Rs 1 crore. While choosing the scheme, you have to understand the scheme well and choose such a scheme whose annual return is 15% or above.
By investing under this rule, your total investment will be Rs 27 lakh while you will earn around Rs 7300000. The main objective of this rule is basically to take advantage of the power of compound interest, and accumulate funds in one go from small SIPs over a long period of time. To get maximum benefit of compounding, you have to start investing as soon as possible.
What is compounding return?
Compounding is of utmost importance in mutual funds. This is a process in which even the smallest amount invested turns into a huge amount over time. The longer you invest money through SIP, the more you will benefit from compounding.
How does compounding work in 15-15-15? ( Trick to become a millionaire)
According to the 15 x 15 x 15 rule, if you invest Rs 15000 for 15 years at 15% interest rate, then your deposit amount will be Rs 27000. But the return you will get on this amount will be 10152946. That means the total amount will be more than one crore.
Here the effect of compounding is visible when you keep doing SIP for a long time. For example, if you extend this SIP for next five years, then the amount you deposit will be Rs 3600000 but your total amount will be Rs 22739325. This means the longer you invest, the higher your returns will be.
As you know, in compounding, interest is earned on interest, hence the interest received gradually increases. In the example you can see that it took only five years to make the first one crore. Because the interest received keeps increasing. And by taking advantage of this thing of compounding, we have to become millionaires.
Benefits of Rule 15-15-15 in Mutual Funds
1. We have to take advantage of this rule through both SIP and compounding.
2. This rule makes you disciplined. And the silent mantra of investment is discipline. Therefore, you can decide a date for SIP through mandate.
3. Through SIP you can average the cost of your purchases. As you know the market keeps going up and down, hence through SIP you can average and earn more profit.
The most important thing in the 15-15-15 rule is to stay invested for the long term.