A monthly contribution becomes more meaningful when it is attached to a clear goal. Begin by writing down what the money is for and when you expect to need it.
Next, look at affordability. A contribution that fits your budget is easier to sustain than one chosen to match somebody else's investment plan. Keep short-term commitments and emergency needs visible.
Finally, understand the scheme rather than relying on a headline return. Read its objective, risks, expenses and exit terms. Regular investing does not protect you from losses. Use a calculator to explore assumptions, then seek a suitable discussion before committing.
General education only. Product suitability, availability, costs and risks need individual consideration. Read the important disclosures.