SIP's strongest rule to date is 7-5-3-1, it is easy to create a fund of ₹10 Cr! Just understand this trick - you will regret it if you miss it.

SIP Investment: If you are thinking of becoming a millionaire in the long run, then SIP (Systematic Investment Plan) can be the best way for you. SIP's "7-5-3-1" rule helps in investing with the right strategy. With the right planning and regular investment, a fund of up to Rs 10 crore, let alone 1 crore, can be created. By following this rule, not only can you handle the volatility of the market but you can also fulfill your dream of financial freedom.

This is a strategy that can help you create a fund of not only 1 crore but also 10 crore. Let's know how.

It is most important to stay in SIP for a long time. Stay in the market for at least 7 years. Do not be afraid of the fall. For example, the market fell 40% during COVID, yet the returns were excellent.

Good Quality Fund: Avoid NFO. Growth Track Record: Look at past performance. Expense Ratio < 1%: Choose a cheap fund. Check Holdings: Pay attention to the portfolio. Equity Allocation: Understand how much to invest in equity.

Negative Return Phase: Negative returns of up to 7-15% during SIP is normal. Irritation Phase: There can be flat growth for 1-2 years. Panic Phase: Do not panic in situations like 2008. Stay tuned.

Increase your SIP by 10% every year. This is called Step-Up SIP, which increases your investment rapidly.

By following this rule, you can easily reach your goal. Invest in the market with patience and wisdom.

Disclaimer: Consistency and Step-Up are both important in SIP. Instead of panicking about market fall, maintain the investment for a long time. Do your research before choosing Equity Mutual Funds. Do take advice from a financial advisor.