How could increasing SIP by ₹1,000 every month change your wealth corpus?

Adding an extra ₹1,000 a month to an SIP can significantly increase a person’s wealth corpus, an NDTV Profit report said. If an investor puts ₹5,000 every month in an SIP for 20 years at an expected 12% annual return, they would build a corpus of about ₹45,99,287. Increasing the SIP by ₹1,000 monthly could raise the corpus to ₹55,19,144.