"How to build a corpus of Rs.10 crore in 30 years"?


The 15*15**15 rule is a simple investment strategy that involves investing 15% of your income in equity mutual funds every year for a period of 15 years. The rule assumes a return of 15% per annum on your investments. By following this rule, you can build wealth over time and potentially accumulate a substantial corpus for your future financial goals. The idea behind this rule is to start investing early, invest in equity mutual funds for long-term growth, and stay disciplined in your investment approach.

Building a corpus of 10 crores using the 15*15**15 rule is a simple and effective way to grow your wealth over time. Here's how you can do it:

1- Start early: The earlier you start investing, the more time your money has to grow. So, start investing as soon as possible.

2 - Invest in equity mutual fund schemes: Equity mutual funds have the potential to deliver high returns over the long term. So, invest a major portion of your money in equity mutual funds.

3 - Follow the 15*15*15 rule: According to the 15*15*15 rule, you should invest 15% of your income in equity mutual funds. Do this for 15 years and assume a return of 15% per annum.

4 - Increase your investment over time: As your income increases, increase your investment in equity mutual funds. This will help you build wealth faster.

5 - Stay disciplined: Discipline is the key to successful investing. Continue to invest in equity mutual funds regularly, even during market fluctuations.

Assuming a return of 15% per annum, If you invest 15% of your income in equity mutual funds for 15 years, your investment will grow to aroud 1.47 croes. If you continue to do for another 15 years, your investment will grow to around 10 crores.

In summary, by following the 15*15*15* rule,starting early, investing in equity mutual funds,increasing your investment over time, and staying disciplined, you can build a corpus of 10 crores over time


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