Power of 1000 rs SIP investment

A Systematic Investment Plan (SIP) of ₹1,000 per month can grow significantly over time due to the power of compounding and regular investing. Here's a rough estimate of how your investment could grow at different annualized return rates over time:

Key Factors:

1. Returns: Higher returns (12%-15%) usually come from equity-focused mutual funds, while lower returns (8%-10%) are typical of debt or balanced funds.

2. Compounding: The earlier you start, the more your money compounds over time.

3. Discipline: Regular investing without interruptions maximizes returns.

Processes