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Can I invest 15000 in mutual funds?

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Can I invest 15000 in mutual funds?

15 x 15 x 15 rule of mutual funds is one of them. In this mutual funds SIP (Systematic Investment Plan) investment, an investor can become a crorepati by investing ₹15,000 per month for tenure of 15 years. This rule says that mutual fund return would be 15 per cent if an investor has such a long-term time horizon.

How much of my portfolio should be in mutual funds?

Over the past century, stocks have appreciated at an average annual rate of 10 percent. If you’re in your 40s or 50s, you should allocate at least 50 percent of your portfolio to bond-based mutual funds. As you age, this proportion should steadily increase.

How do I choose a SIP portfolio?

These are the following things you need to keep in mind while selecting a particular SIP:

  1. The mutual fund that you have chosen has been in market for at least from the last five.
  2. The mutual fund you are planning to invest into should be operated by your bank.
  3. The “fund house” chosen by you is reputable and recognizable.
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Do mutual funds giving 15 percent return?

The 15*15*15 rule says that one can amass a crore by investing only Rs 15,000 a month for a duration of 15 years in a stock that offers 15\% returns per annum.

How many funds should I invest in a sip of 5000?

If you wish to create a portfolio of mutual funds by investing in a SIP of 5000 per month, it’s suggested to have 1-3 funds. Going for more is not necessary. There can be any number of combinations. The suitability of SIP portfolio will differ from one investor to other.

How to create a portfolio of mutual funds by investing 15000?

If you wish to create a portfolio of mutual funds by investing in a SIP of 15000 per month, it’s suggested not to have too many funds. Going for just 2-3 funds is more than enough. Depending on one’s risk profile, some possible combinations are:

What can a Rs 15000 per month SIP do for You?

Here is what a Rs 15000 per month SIP in mutual funds can do over the years: 5 year SIP of Rs 15000 monthly = Rs 12.8 lakh 10 year SIP of Rs 15000 monthly = Rs 35 lakh 15 year SIP of Rs 15000 monthly = Rs 75 lakh 20 year SIP of Rs 15000 monthly = Rs 1.4 crore

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What is the average SIP return of good mutual funds?

Historical SIP returns of good mutual funds have been between 12-18\%. The actual returns might differ for different investors. But for this discussion, let’s be conservative and assume the average SIP returns in 10, 15 or 20 years to be 12\% per annum.