Compound interest is the backbone of wealth creation. It allows your investments to grow exponentially over time by earning interest on both your initial investment and the interest it generates.
The longer your money stays invested, the greater the benefit. Even small monthly investments, when compounded annually, can turn into large sums over years.
Someone who begins investing at 22 and invests consistently for 10 years may end up with more wealth than a person who starts at 32 and invests for 20 years. Time is the real magic here.
Systematic Investment Plans automate the compounding process. Even ₹500 per month can grow significantly if invested for a long term.