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Bonvista Financial Services Pvt. Ltd. is an AMFI registered Mutual Fund Distributor holding ARN No.136656
Plan Your Child's Educational Future
The cost of higher education is rising rapidly due to inflation. This calculator helps you determine exactly how much you need to invest monthly through a Systematic Investment Plan (SIP) to build the corpus required for your child's future professional degrees. By inputting your child's current age, the expected cost of education today, and inflation rates, you can secure their academic future without financial stress.
First Child Details
Second Child Details (Optional)
Market Assumptions
| Education Planner Results | Cost for Child 1 | Cost for Child 2 | Combined Total |
|---|---|---|---|
| Years until College | 0 Years | - | - |
| Cost at Today's Price | ₹ 0 | ₹ 0 | ₹ 0 |
| Future Cost (Inflation Adjusted) | ₹ 0 | ₹ 0 | ₹ 0 |
| Required Monthly SIP | ₹ 0 /mo | ₹ 0 /mo | ₹ 0 /mo |
*Disclaimer: The above calculations are for illustrative planning purposes based on assumed rates. They do not constitute guaranteed investment advice.
FAQ
Frequently Asked Questions
What is a Children's Education Planner?
A Children's Education Planner is a financial calculator designed to help parents estimate the future inflated cost of higher education for their kids. It calculates the exact monthly investment (SIP) required today in mutual funds or other assets to build a sufficient corpus by the time the child is ready for college.
Why is education inflation important to calculate?
Education inflation in India typically runs between 10% to 12%, significantly higher than standard retail inflation. Without accounting for this aggressive compounding inflation, parents often underestimate the future cost of degrees, resulting in a severe shortfall when college admissions begin.
How does this education calculator work?
The calculator takes the current cost of the desired degree and applies your estimated annual inflation rate over the number of years until your child turns 18 (or college age). It then calculates the Future Value of that cost and uses an inverse SIP formula to determine the monthly savings required to reach that target corpus at an expected rate of return.