New Delhi, Feb. 17 -- Genius doesn't do different things; they do things differently. Similarly, a smart investor becomes a millionaire or a billionaire by investing wisely. For example, if a normal investor starts a monthly equity mutual fund SIP of Rs.9,000 and keeps doing it religiously for 20 years, it will accumulate Rs.1.36 crore. However, like a smart investor, if someone increases their monthly SIP in sync with their annual income, they can accumulate almost twice as much as a typical investor.

Speaking on how a smart investor accumulates much more than a normal equity mutual fund investor, Pankaj Mathpal, CEO & MD at Optima Money Managers, said, "Equity mutual funds offer a monthly SIP with an annual step-up offer. However, a fe...