Starting a Systematic Investment Plan (SIP) with a monthly investment of ₹5,000 can lead to a substantial corpus of approximately ₹37.89 lakh (around $45,600 USD) by the time a child turns 18, assuming an annual return of 12%. In India, the cost of raising a child can range from ₹55 lakh to ₹85 lakh, highlighting the importance of early financial planning to manage future expenses effectively. A disciplined SIP approach allows parents to invest consistently while benefiting from compounding returns, which accelerates growth over time. Many parents still rely on fixed deposits, which offer lower returns, potentially falling short against inflation. To maximize wealth creation, parents are encouraged to start early, maintain consistency, and periodically review their investment strategies. Additionally, as income increases, parents can consider stepping up their SIP contributions to further enhance the corpus.