Becoming a Millionaire in 15 Years: Using 15x15x15 Rule

If you're an aggressive investor looking to gather a large fund quickly, investing in mutual funds can be a great option.

SIP returns aren't guaranteed due to market fluctuations, but potentially offer 15-20% over time.

SIP Returns

In addition to market-based returns, you also get the benefit of compounding in mutual funds. This accelerates wealth creation significantly.

The Benefit of Compounding

If you want to become a millionaire in a short time with the help of SIP, the 15X15X15 Rule can be very helpful.

The Goal of Becoming a Millionaire

According to the 15X15X15 rule, you need to invest ₹15,000 per month for 15 years in a scheme that can give you a return of 15%.

15X15X15 Rule

We talk about investing in SIP because getting a 15% return in the long term in SIP is not unusual.

Why SIP for 15X15X15?

By adopting the 15X15X15 rule, if you invest in SIP, you will invest a total of ₹27,00,000 in 15 years at the rate of ₹15,000 per month.

The Power of 15X15X15 Rule

With a 15% return, you'll gain ₹74,52,946. Add your initial investment and in 15 years, you'll have a fund of ₹1,01,52,946.

Outcome of the 15X15X15 Rule

This is general advice, not financial advice. Investments carry risk and past performance is not indicative of future results. Always consult professionals before investing.