Step 1 is to figure out how many circuits you want to put in the same conduit. That gives you the number of current-carrying conductors. You use Table 310.15(B)(2)(a) to find a derating factor. Then I would do a "backwards calculation," to find the minimum wire size. Finally, I would do a VD calculation, to see if the selected wire size would have an acceptable VD.
Example: You wish to put four 3-phase circuits in the same conduit. That's 12 CCCs. The derating factor is 50%. Divide 15 by 50% and you conclude that the conductor's ampacity (before derating) must be 30 amps. That would be a #12 (you can use the 90C column for derating purposes). I calculate the VD at 2%, which is acceptable. So I would use #12 conductors protected with 15 amp circuit breakers.