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SIP calculation: In today's time, everyone wants to get a 'magical' formula for investment, following which the investment amount increases at rocket speed. Actually, there are many investment schemes in the market, but not all get such good returns. So now you choose SIP to become a millionaire. Yes, today we will tell you a formula of SIP, by following which you can make a fund of 2 crores. Through this formula, by investing ₹ 21,000 per month, you can become the owner of ₹ 2 crores in 22 years. Yes, we are talking about the '21x12x22' formula... so let's understand its calculation.

SIP calculation: In today's time, everyone dreams of becoming a millionaire. But usually it is not easy to become a millionaire with just salary. So for this you should choose SIP. Yes, there is such a 'secret' formula of Mutual Fund SIP, with the help of which you can easily become a millionaire. If you want to become a millionaire by understanding this formula, then for this you have to invest ₹ 21,000 every month in SIP, which can create a huge fund of ₹ 2 crores.

SIP's 21x12x22 formula can also set your retirement life. Yes, even if you are 30 years old right now, you can become a millionaire by the age of 52 by investing for 22 years. However, you will have to continue investing ₹ 21,000 every month for about 22 years without stopping.

SIP is the best to ensure that there is no shortage of money in the future. SIP's 21x12x21 formula is money making for every investor. According to this formula, start a monthly SIP of ₹20,000 immediately. You can get an average annual return of 12% (estimated) on investment in SIP. However, the real strength of this formula is the 'Power of Compounding' (compound interest) and long time.

If you are investing 21,000 rupees every month in SIP continuously for about 22 years, then you can easily get an annual return of up to 12 percent on it. This 12 percent return on investment makes your money strong in 22 years. At the rate of 12 percent, your return in 22 years will be only ₹1,92,55,615.

Now let us understand in simple words how 20x12x22 can make you a millionaire. If you invest Rs 21,000 in SIP without stopping for 22 years, then your investment fund will become Rs 55,44,000. On this investment of Rs 20,000, you will get Rs 1,92,55,615 at the rate of 12% return. By adding the investment amount and return, the total fund on maturity will be around Rs 2,47,99,615. That is, in just 22 years you will have a fund of about two and a half crores.

The real game of SIP is the return you get on it. By getting a return of at least 12% in SIP, you create a strong fund for yourself. By the way, to get some more good annual average return, you may consider investing in equity (stock market) good. (Note: The news is based on general information)