Goa, July 7 -- For many first-time investors, wealth creation often appears to be possible only with a high income or a large lump-sum investment. However, the power of compounding proves that even a small, disciplined investment can grow into a sizeable corpus over the long term.

A simple example highlights this principle. Investing just Rs 1,000 every month through a Systematic Investment Plan (SIP) for 30 years results in a total investment of Rs 3.6 lakh. While the invested amount itself is modest, the returns generated over time can significantly increase the overall value of the investment.

If the SIP earns an average annual return of 10%, the investment can grow to nearly Rs 22.6 lakh after three decades. At an annual return of 1...