Time in the market: The longer your money is invested, the more time it has to grow through compounding.
Power of compounding: Compounding is the ability for interest/retrun to be earned on both the original investment and the accumulated interest/return. This means that over time, the return earned on an investment can become a significant portion of the overall return.
Risk reduction: Investing early allows an individual to take on more risk with their investments, since they have more time to ride out market fluctuations.
Opportunity cost: If an individual waits to invest, they may miss out on potential gains that would have been earned had they invested earlier.
Tax benefits: Investing in tax-advantage funds such as ELSS (Equity Linked Savings Scheme) can provide tax benefits.
Overall, investing early and taking advantage of compounding can help an individual reach their financial goals faster and with less risk.