SIP Investments, 15x15x15 Formula: Are you planning for your retirement and want to build a corpus of over Rs 1 crore? If yes, then investing in mutual fund SIP or Systematic Investment Plan can be one of the best options for you. In this, individuals are allowed to invest a fixed amount regularly—monthly or quarterly— that helps build wealth over time without the need for a lump sum investment.

Understanding the 15x15x15 Formula

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The 15x15x15 formula is a powerful guideline for investors, particularly beginners, aiming to accumulate significant wealth through mutual fund SIPs. This rule suggests that by consistently investing for 15 years, an investor could potentially grow their wealth to over Rs 1 crore. Here’s how it works:

How the formula operates

- First "15": Represents a monthly SIP of Rs 15,000.
- Second "15": Denotes the expected annualized return of 15%.
- Third "15": Indicates the investment duration of 15 years.

Total Investment Calculation

If you adhere to the 15x15x15 formula by investing Rs 15,000 monthly for 15 years, your total investment would be Rs 27,00,000.

Projected Returns

With an average annual return of 15 per cent, your investment could yield approximately Rs 74,52,946 in long-term capital gains over the 15-year period.

Total Wealth Accumulation

At the end of 15 years, combining your initial investment with the capital gains, your total wealth could reach an impressive Rs 1,01,52,946—making you a crorepati.