Child Education Calculator
Future cost of the course
–
- Covered by current savings
- Shortfall
- Your savings will grow to
- –
- Shortfall to cover
- –
- Monthly SIP needed
- –
Illustrative estimates only, based on the assumptions you choose. Actual returns, rates and costs will vary.
About the Child Education calculator
Education costs in India have risen faster than general prices. This calculator projects today's course fee forward using an education inflation rate, then works out the monthly SIP needed to reach it, after allowing for what you have already saved.
How to use it
- Move the sliders, or type a value into each box.
- Watch the results and chart update as you go.
- Try different assumptions to see what changes the outcome most, then talk to us about a plan.
The formula
Future cost = today's cost × (1 + education inflation)years
- The monthly SIP needed is worked out from the shortfall, the expected return and the months remaining
Example
A course costing ₹15,00,000 today may cost about ₹47,58,254 in 15 years at 8% education inflation.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.
Child Education Calculator: common questions
Estimates of 8 to 10 percent a year are common for professional courses in India; studying abroad can rise even faster.
A term plan or a child plan with waiver of premium keeps the goal funded. We can help you size the cover.
No, but shorter time frames call for safer investments and a larger monthly amount.
Want a plan, not just a number?
Book a free financial checkup and we'll turn these estimates into a plan that fits your life.