Small is Big!
The return on your investment gets compounded. This means that the returns on your initial investment generates higher returns over a period of time.
For example Rs10,000 invested today would turn into almost Rs3,00,000 in the next 30 years assuming a conservative 12% return. The key here is not the amount invested but the time.
Start small but start now !!
The golden rule is one should start investing as early as possible in one’s lifetime. The earlier one starts, higher the chances of reaching one’s investment goals.
You don’t need thousands or lakhs of rupees to start investing into Mutual Funds.
If you start by investing only Rs500 per month and do that consistently for the next 10 years, you will have around 1.2 Lakhs in hand (assuming a conservative 12% return)