Child Education Calculator
Education inflation is a silent wealth destroyer. Calculate exactly how much you need to save monthly to guarantee your child's higher education.
How much this degree costs today.
Money currently invested for this goal.
Usually 10-12% in India
Cost After 13 Years
₹51,78,407
Required Monthly SIP
₹12,614
Corpus Generation Breakdown
How the target of ₹51,78,407 will be achieved
Frequently Asked Questions
Why is Education Inflation higher than normal inflation?
In India, the cost of higher education typically rises at a faster pace (around 10-12% annually) compared to general retail inflation (around 5-7%). This is due to rising infrastructure costs, faculty salaries, and the increasing premium on quality education.
What is the best investment option for child education?
If the child's education is more than 7-10 years away, equity mutual funds through SIPs are a preferred choice to beat inflation. If it is less than 3 years away, safer options like FDs, RDs, or Debt Mutual Funds are recommended to protect the capital.
Can I use Sukanya Samriddhi Yojana (SSY)?
Yes, if you have a girl child, SSY is an excellent tax-free debt instrument for accumulating an education corpus. You can use this calculator to figure out the total cost, and channel a portion of your monthly SIP into SSY as the debt part of your portfolio.