Here’s how (see next slide):
Say at 25, you started a monthly SIP of Rs 10,000. Assuming 12% returns, your Rs 30 lakh investment would grow to Rs 1.7 crore by age 50!
Giving your investment enough time can swell your investment, thanks to compounding. In the previous example, the Rs 30 lakh investment ballooned almost 500% in just 25 years.
Start early even if you start small! You can always increase your investments annually