INTERACTIVE PLANNING TOOL

Child Education Planner

Plan for rising education costs by estimating the future target and monthly investment requirement.

CHILD Child Education Planner Illustrative calculation only

EDUCATION INPUTS

Plan for your child’s education

Child’s Current Age5 years

017

Education Start Age18 years

1230

Current Education Cost₹15,00,000

₹1 Lakh₹10 Crore

Education Inflation8%

0%20%

Expected Annual Return12%

1%25%

Current Education Savings₹2,00,000

₹0₹5 Crore

EDUCATION ESTIMATE

Required Monthly SIP ₹18,500 to target the estimated education cost

Years Available13 years

Future Education Cost₹40,78,000

Funding Gap₹32,00,000

Education-cost growthYear-wise

Projected savings contribution20%

Discuss Education Goal

Education costs may rise faster than general inflation, so a separate assumption is used.

Current education savings are projected to the education-start age.

The monthly SIP is calculated for the remaining funding gap using end-of-month contributions.

Education Planner Disclaimer

This estimate excludes scholarships, education loans, currency changes and variations in course or institution costs.