New Delhi, July 19 -- A well-thought-out Systematic Investment Plan (SIP) remains one of the most effective ways to build long-term economic wealth. This is because such an investment approach focuses on combining time, discipline, devotion and the power of compounding.

These elements, when taken together, allow even the most modest monthly contributions to grow into a meaningful corpus over time. Furthermore, to better understand and acknowledge the power of compounding and the impact of staying invested on wealth generation, let us see how a Rs.25,000 monthly SIP, earning an assumed annualised return of 12%, compounds over the years and helps build meaningful wealth.

Clearly understanding the impact of 10, 20, and 30 years of such inv...