New Delhi, June 30 -- Have you ever heard the word "inflation" often popping up in the news? Inflation is when the purchasing power of your money decreases as the prices of everything else keep rising. In such a scenario, it is important to keep growing your money and beat inflation.

This is where a Systematic Investment Plan can be helpful. Investing just Rs.1,000 a month in mutual funds can help you grow your money faster than inflation. Let's understand how this strategy can power your wealth journey.

Think about anything you like and compare its price today with how much it was priced 5-10 years ago. A samosa used to cost around Rs.5-10. Today, you get it for Rs.20-25 or even more. That's inflation for you.

India's consumer price i...