How to middle class people can also become millionaires Rs.1 crore in 15 years!
How to middle class people can also become millionaires Rs.1 crore in 15 years!
Considering today’s economic needs, people are increasingly thinking of investing in something. Moreover, every investor prefers to save money in risk-free investment and low investment schemes. Most of them now opt for mutual fund savings plan. They can invest their small amount in mutual fund and earn profits. That is why people invest in it with enthusiasm.
At present the rule of 15*15*15 is being followed in mutual funds as middle class people can also become millionaires. Here we will also learn how this new investment plan helps you become a millionaire with minimal investment.
Also Read : Different types of mutual funds
This is a scheme for those who want to invest their limited money. It has the potential to pay 15 percent interest every year on the new rule of mutual fund 15*15*15. So there is a facility to invest 15,000 rupees every month and get income up to 1 crore in 15 years. However, it is not possible to generate 15 percent return annually based on the volatility of the stock market. But a 15 percent annual return is certainly possible in the long run.
Also, when you earn interest on the money you pay in the mutual fund, your principal amount also increases. So next month you can earn interest on your principal and invested money. Thus, every month the interest you invest on your money increases significantly. As per the new rule, you can get a profit of up to Rs 1 crore on an investment of Rs 15,000 per month for 15 years at an interest rate of 15 per cent. So every investor can opt for these schemes if they want more profit and safety with less investment.
At the same time, when it comes to mutual fund investments, you need to invest not only money but also your time. Economists say that if you invest at the right time, you can easily transform from a middle class to a wealthy one.