There was a time when the main medium of trust for ordinary investors in India was the bank or post office. However, the investment medium has changed with time. Nowadays, many people are choosing Mutual Fund SIP (Systematic Investment Plan) as a long-term investment medium.

By doing SIP for a small amount of money every month, you can also become a millionaire.

Very effective 40x20x50 formula in SIP (Systematic Investment Plan):

Many people think that to get good returns in SIP, you have to start investing at a young age. However, according to financial experts, there is no age to start investing. Especially for those who want to start investing in SIP at a slightly older age, there is a 40x20x50 formula. If you follow this formula, you can create a fund of crores of taka even at the age of 40 by starting SIP (Systematic Investment Plan).

In the 40x20x50 formula, 40 is the age, 20 is the investment period and 50 is the investment of 50,000 rupees per month. Simply put, if you start SIP at the age of 40, the investor will have to invest 50,000 rupees per month for a period of up to 20 years. If a person starts SIP at the age of 40 and invests until the age of 60, he can easily build a corpus of more than 5 crore rupees.

A fund worth crores can be easily created:

If the investor gets an average annual return of 12 percent, then he can easily build a fund of 5 crore rupees in just 20 years. Again, if the average annual return is 14 percent, a fund worth 6.5 crores can be created.

Why SIP (Systematic Investment Plan) is different from everyone else:

SIP is currently one of the most trusted means of long-term investment for investors. One of the biggest features of SIP is that it can maintain a balance of expenses in the long term despite the ups and downs of the stock market. In addition, due to the benefit of compound interest, interest can also be earned on the interest received. Therefore, the amount of funds increases easily.