A monthly SIP of ₹2100 in a Nifty 50 index fund, with an assumed 12% annual return, will grow to approximately ₹1 lakh in 18 years.
"if you start an SIP of ₹2100 as soon as they are born. Invest in a low-cost index fund like Nifty 50, which gives an average annual return of 12%. So in 18 years your investment should be around ₹1 lakh."
