18X15X10 SIP Investment Formula: There are numerous options in the market for building a strong retirement corpus. One highly effective strategy is investing in mutual fund SIPs. If you are above 40 years of age and are still aiming to accumulate more than Rs 1 crore for retirement, you can consider the 10X20X15 formula for your SIP investments. This approach can help you maximise your wealth accumulation effectively.
What is the 18X15X10 investment strategy?
In the 18X15X10 strategy, ’18’ represents the number of years, ’15’ indicates the expected annualised return, and ’10’ signifies the monthly investment amount.
How does the 18X15X10 strategy work?
With the 18X15X10 strategy, a monthly SIP of Rs 10,000 for 18 years at an annualised return of 15 per cent can yield a corpus of over Rs 1 crore.
18X15X10 Strategy: What will be the investment, estimated long-term capital gains, and estimated total value in 18 years?
At Rs 10,000 a month, the total investment in 18 years will be Rs 21,60,000. At 15 per cent annualised returns, expected long-term capital gains on Rs 21,60,000 investment will be Rs 88,82,553. The expected amount after 18 years will be Rs 1,10,42,553.
18X15X10 SIP Formula: You become crorepati in 18 years
By following the 18X15X10 formula, you can amass Rs 1.10 crore and become a crorepati in 18 years.
Benefits of SIP
SIP offers significant benefits, primarily due to the power of compounding. The longer the SIP duration, the greater the compounding benefits. With an average annual return of 15 per cent, SIPs offer substantial growth, outperforming many other investment schemes. Additionally, the rupee cost averaging feature ensures that expenses remain stable, even during market fluctuations.
Provides flexibility
SIPs offer flexible investment options, allowing you to choose the investment amount and period that suits your needs, whether monthly, quarterly, or semi-annually.
Freedom to pause, withdraw, or increase investments
As per your financial requirements, you have the freedom to pause, withdraw, or increase SIP investments.
Disclaimer: The article is for education purpose only. This is not investment advice. Do your own due diligence or consult an editor before investing
