Money Tips: Leave FD, you will become a millionaire in 15 years like this… you just have to do this work..

The formula we are talking about is 8+4+3. This is a way of investing through SIP. Through this, you can easily become a millionaire in 15 years.

In the formula, 8+4+3 means years. The total of all three is 15 years. The investment plan is around these 15 years.

In this formula, you will get compound interest on investment, due to which your fund will keep growing. Under this formula, you will have to deposit Rs 21,250 every month. If you get 12 percent annual interest on it, then your fund will easily cross 1 crore.

At the rate of 12 percent interest, your fund will become Rs 34 lakh in 8 years, while it will become Rs 68 lakh after 4 years.

At the same time, after 3 years i.e. after a total investment of 15 years, at an interest rate of 12 percent, your total investment will exceed Rs 1 crore.

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