Systematic investment plans (SIPs) are the most opted route as the investment comes with a sense of discipline and offers the benefit of wealth creation over a long term of investment. Primarily, the scheme offering exposure across asset classes with investments put across market caps offers the power of compounding.

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Primarily, SIPs come with a monthly compounding benefit, meaning that the interest earned each month is added to the principal. This new total is then used to calculate the interest for the next period. 

This compounding is akin to the snowball effect, where small actions taken over time can yield significant result

So, given the ability of the instrument to help you in your investment journey and help build you wealth, here is a take on how Rs 5,000, Rs 11,000 and Rs 21,000 monthly SIP can help you attain a corpus of Rs 2 crore.

But herein we have assumed that the investors starts his investment journey early in life and attains the retirement corpus by the retirement age of 60 years.

Rs 5,000 monthly SIP (assuming 12 per cent annualised return)

The investor will take 31 years to compound his monthly SIP investment of Rs 5000 to around Rs 2,03,51,063. 

Rs 11,000 monthly SIP (assuming 12 per cent annualized return)

Similarly, Rs 11,000 monthly SIP will compound to Rs 2,08,73,986 in a matter of 25 years.

Rs 21,000 monthly SIP (assuming 12 per cent annualised return)

With a Rs 21,000 monthly SIP, investor will be able to build the corpus still earlier in just 20 years. With his investment growing to nearly or around Rs 2,09,82,106.

So, one can gain bountifully even with small SIPs parked at judiciously and in a disciplined way. One can also top-up his SIP amount with increasing income for an early attainment of the financial corpus.