Mutual fund investment: What is 555 formula in SIP? Know how to become crorepati starting with just Rs 2,000 investment per month
Everyone wants to become a crorepati to live a better life, but they don't know what to choose for their investment plans. There are several plans and investment strategies in the market, and out of those, the 555 formula is one of the good investment plans.
The 555 Formula refers to a plan for growing investment by 5 per cent per year over 30 years. Image: Pexels