The possibility of getting returns on investments made in a thoughtful, sensible, and planned manner increases considerably. In today's modern era, many investment options have opened up for you. You can invest anywhere taking care of your needs and other things. On one hand, investing in small savings schemes is not exposed to market risks, but the returns are less.
On the other hand, the possibility of getting returns in mutual funds and the stock market is very high. However, the exposure to market risks is high here. Both have their advantages and disadvantages. In this episode, today we are going to tell you a wonderful formula of 15 15 15, with the help of which you can become a millionaire. How? Let's know about it in detail -
Under this formula of 15 15 15 to become a millionaire, first of all, you have to choose a good mutual fund scheme. After that, you have to invest 15 thousand rupees in it every month.
You have to make this investment of 15 thousand rupees for a total of 15 years. Apart from this, you also have to expect that you get an approximate return of 15 percent every year on your investment.
In this situation, after 15 years, at the time of maturity, you will easily be able to raise a fund of Rs 1 crore. With the help of this money, you will be able to do all your important tasks related to the future.
Disclaimer: Money invested in Mutual Funds is subject to market risks. Take expert advice before investing in it. If you invest in mutual funds without knowledge. In this situation, you may have to face a big loss. The returns on investments made in mutual funds are determined by the behavior of the market.
(PC: Freepik)
