Investment Plan: The financial rule of 15*15*15 can ensure your financial stability in the long run. In this, an investment of Rs 15,000 per month has to be made for 15 years with an annual growth rate of 15 percent.
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Best Investment Plan for Financial Stability: If you are planning to invest, then you always have to keep this rule in mind. If you plan to invest under this rule, you can get a return of up to Rs 1 crore in 15 years. The financial rule of 15*15*15 will help you in the long run. financial stability can ensure. In this, an investment of Rs 15,000 per month has to be made for 15 years with an annual growth rate of 15 percent. Following this rule can help you create an adequate corpus for your retirement or other financial objectives.
To follow this rule, you will need Rs 15,000 for investment every month. You can opt for Systematic Investment Plan (SIP) in stocks, mutual funds or any other investment avenue to achieve this. Investing a fixed amount every month consistently can help you make the most of Rupee Cost Averaging and reduce the impact of market fluctuations on your portfolio.
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The growth rate of 15 per cent per annum is another important aspect of the rule, although it may sound high, it can be achieved through equity investments over a long period of time. The Indian stock market has historically given an average annual return of around 15 per cent over the past few decades, which is higher than other asset classes such as bonds, FDs and gold.
Will get the benefit of compounding
15 years of investment is important to achieve your financial goals. This time frame allows your investment to compound and grow continuously over a long period of time. By staying invested for 15 years, you can enjoy the benefits of compounding, wherein your investment returns generate further returns, thereby adding to the growth of your portfolio.
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Will help in meeting the objectives
If you invest Rs 15,000 per month with a growth rate of 15 percent per annum. So after 15 years your fund will be around Rs 1.38 crore. This is a sizeable amount that can help you meet your financial goals, be it funding your child’s education, buying a home or having a comfortable retirement.
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