New Delhi: A new formula of investment has taken the Mutual Fund world by storm. Many investors who used this formula to derive mutual fund investment strategy are now able to relish their dream and achieve every financial objectives they had set in their life. We are talking about the 9x12x15 formula which has recently rocked the MF world.
Mutual Fund formula 9x12x15
Investors all around the world have used the 9x12x15 formula to determine how much Systematic Investment Plan (SIP) they need to make in mutual fund schemes to build up a desired corpus in a set period of time. According to this formula, an SIP investor should put Rs 9,000 in an equity-oriented mutual fund on a monthly basis. He should invest this fixed amount every month continuously for 15 years. On the assumption that the scheme would generate a return of 12 per cent over the course of 15 years, the SIP investor would be able to build a corpus of Rs 45 lakh.
MF schemes with 12% return
Investors can easily make 12 per cent return if they invest in any equity oriented large-cap or mid-cap mutual funds. Fund houses like HDFC, ICICI, Nippon India, Invesco, Edelweiss and others provide Large and Mid Cap funds which could provide 12 per cent return.
How to build a large corpus
Mutual fund investors can use the 9x12x15 formula and invest in mutual fund schemes via SIP to build a large corpus which they could use fulfill all other financial needs. Investors can use the corpus to fund their children’s highest education expenses, marriage expenses, and even for retirement planning.
Mistakes committed by Mutual Fund Investors
The tally of SIP investors is continuously on the rise in the country. But all these investors commit same mistake in their strategy. They do not invest with a set goal in their mind. They don’t adhere to goal based investing. Only a few of them implement this strategy.
According to the Association of Mutual Funds in India (Amfi), the number of SIP investors crossed the nine crore mark in May 2024.
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The 9x12x15 formula of mutual fund investment helps investors make goal based strategy and achieve desired financial objectives in a set period of time. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
