Mutual funds have gained immense popularity over time due to their stability and yield. Investing your capital in a variety of securities can diversify your assets and induce relatively high liquidity. As a result, mutual funds are a go-to option for people who want to invest small amounts seeking high returns over time. However, these returns aren’t bound to be high unless investment is aided with market insights, planning, and understanding.
There are certain rules and patterns that help you get attractive returns on your investment in mutual funds, and this article talks about the most sought-after rules available for all kinds of investors and investments. The rule is termed as ‘15*15*15 Rule.’ Let’s understand how this rule works.
While investing your assets in mutual funds, there are three factors that should initially occupy our thinking spaces. First, you need to figure out the amount you are going to invest. This is followed by the time you need to hold for the investment to turn into profits. The third thing is the rate at which you expect your money to grow to reach a desirable target.
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