Secret SIP Formula: How to Raise 1 Crore? An Easy Way to Become Rich in the New Year

Secret SIP Formula: People often say that their income is low and expenses are high, so they can't save enough and therefore, they can't invest. But the reality is that those who procrastinate never achieve their financial goals. The saying "When you wake up, it's morning" applies perfectly to investing.

Choosing a fund can be the most challenging task for small investors

If you start investing early, you will reach your goal one day. So, if you've been hesitant to make financial decisions until now, make this the first thing you do in 2026.

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You can start with a small amount

In fact, it's not necessary to have a large sum of money to invest. You can start a SIP (Systematic Investment Plan) in mutual funds even with a small amount. The key is to maintain regular and long-term investments. The sooner you start a SIP, the easier your goal will become.

Math of Becoming a Millionaire Through SIP

Mutual funds have delivered impressive returns to investors over the past two decades. According to the SIP calculator, to become a millionaire in 10 years, you need to make a monthly SIP of Rs 36,000. Monthly SIP: Rs 36,000. Estimated Return: 15% Total Investment: Rs 43,20,000. Final Fund: Rs 1,00,31,662. Total Return: Rs 57,11,662. But for a middle-income earner, investing Rs 36,000 every month would be a difficult task.

To become a millionaire in 15 years

To become a millionaire in 15 years, you'll need to invest at least ₹15,000 per month, which should yield a 15% return. If you calculate the return at 12%, you'll need to invest ₹20,000 per month. After 15 years, you'll have a wealth gain of ₹64.91 lakh, while your investment over this entire period will be only ₹36 lakh. Also Read: Will the government check your phone and messages from April 1st? Know what the new rules say

If you invest ₹6,600 per month in mutual funds for 20 years, you'll earn approximately ₹1 crore at a 15% return. Over these 20 years, you'll need to invest a total of ₹15,84,000, which will yield a return of ₹8,421,303. If you earn a 12% return, you'll need to invest at least ₹9,000 per month. ₹6,600 (20 years) Return - 15% annually Fund - ₹1,00,05,303 Investment - ₹15,84,000 Return - ₹8,421,303 With just ₹1,500 monthly SIP, you can become a millionaire after 30 years. After 30 years, your invested fund will amount to ₹1,05,14,731, which should yield a 15% return. Meanwhile, if a 20-year-old invests just ₹900 for 40 years, he or she will earn a total of ₹1,01,55,160 (more than ₹1 crore), at an average return of 12.5%.

What to do before investing?

The most important step in investing in mutual funds is choosing the right fund. Choosing a fund can be a challenging task for small investors, as selecting the right fund requires considerable research. Therefore, before investing in a mutual fund, consider all aspects and consult a financial advisor before investing. Mutual fund investments are subject to market risks.