Do u know the 15 X 15 X 15 rule of mutual funds ?



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 Ur 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 your total investment of 54 lakhs).

This shows that time,  and not timing is important for Wealth Creation.

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