What is the potential return on a ₹1,000 monthly investment over 30 years?
If you invest ₹1,000 every month through a systematic investment plan (SIP) for three decades, your savings could reach approximately ₹22.6 lakh, provided you earn an average annual return of 10%. Over these 30 years, your total contribution would be ₹3.6 lakh. This significant growth is the result of compounding, a process where your earnings generate their own returns, steadily increasing your wealth.
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