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Education Planner

Enter your first child name
*
Enter your second child name
*
Enter your first child current age (in years)
*
Enter your second child current age (in years)
*
Enter the age at which your first child would be ready for professional education (in years)
*
Enter the age at which your second child would be ready for professional education (in years)
*
Enter the amount you would need at today's cost to fulfil your first child educational needs (Rs)
*
Enter the amount you would need at today's cost to fulfil your second child educational needs (Rs)
*
The expected rate of inflation over the years (% per annum)
*
What rate of return would you expect your investment? (% per annum)
*
How much savings you have now? (Rs)
*
Submit
Result
Education Planner Cost of 's education Cost of 's education Total cost for both
Amount at today's prices Rs. Rs. Rs.
Your child will take up professional education in year(s) year(s) -
Expected rate of return from investments (% per annum) % % -
Future cost of education (Inflation adjusted) Rs. Rs. Rs.
Your current savings amount Rs. Rs. Rs.
Monthly Savings required Rs. Rs. Rs.

Disclaimer : We have gathered all the data, information, statistics from the sources believed to be highly reliable and true. All necessary precautions have been taken to avoid any error, lapse or insufficiency; however, no representations or warranties are made (express or implied) as to the reliability, accuracy or completeness of such information. We cannot be held liable for any loss arising directly or indirectly from the use of, or any action taken in on, any information appearing herein. The user is advised to verify the contents of the report independently.

Returns less than 1 year are in absolute (%) and greater than 1 year are compounded annualised (CAGR %). SIP returns are shown in XIRR (%).

The Risk Level of any of the schemes must always be commensurate with the risk profile, investment objective or financial goals of the investor concerned. Mutual Fund Distributors (MFDs) or Registered Investment Advisors (RIAs) should assess the risk profile and investment needs of individual investors into consideration and make scheme(s) or asset allocation recommendations accordingly.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance may or may not be sustained in the future. Investors should always invest according to their risk profile and consult with their mutual fund distributors or financial advisor before investing.