Bonvista Financial Services Pvt. Ltd. is an AMFI registered Mutual Fund Distributor holding ARN No.136656
Secure Your Child's Future
The cost of higher education is rising much faster than standard inflation. An Education Planning Calculator helps parents estimate the future, inflated cost of degrees (like engineering, medical, or studying abroad) and determines the exact monthly Systematic Investment Plan (SIP) required today to build that necessary corpus by the time their child is ready for college.
Cost of Degree at Today's Value (₹)
Child's Current Age
College Start Age
Education Inflation Rate (% p.a.)
Expected Investment Return (% p.a.)
To fund your child's education, your Required Monthly SIP is:
₹ 0
₹ 0
Future Inflated Cost of Degree
₹ 0
Total Principal Invested
*Disclaimer: These calculations estimate future education costs based on inflation. Mutual Fund investments are subject to market risks.
FAQ
Frequently Asked Questions
What is an Education Planning Calculator?
An Education Planning Calculator is a specialized financial tool that helps parents determine the monthly Systematic Investment Plan (SIP) required to fund their child's future higher education. It calculates the future cost of a degree by factoring in high education inflation rates.
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 financial shortfall.
Should I invest in Equity Mutual Funds for a child's education?
If your child's higher education is more than 7 to 10 years away, investing through SIPs in Equity Mutual Funds is generally recommended, as equity historically provides the returns necessary to outpace the 10-12% education inflation rate.