Unlock your child's future! Learn how to estimate mutual fund returns for their college education in 15 years and plan smartly.
Education costs are soaring! A ₹20L degree today could be ₹1 crore in 15 years with 7-10% annual inflation. Smart financial planning is crucial.
For long-term SIPs, CAGR (Compounded Annual Growth Rate) is your friend. It shows annual growth, smoothing market ups & downs. Use an SIP calculator!
Realistically, expect 10-12% annualized returns from a well-diversified equity mutual fund portfolio over 15 years. It's about steady wealth, not quick gains.
Don't underestimate education inflation (7-8%!). And avoid expecting miraculous 15-18% returns for 15 consecutive years – it's simply unrealistic.
Always step up your SIPs annually (5-10% more!). Never panic sell during market downturns; the 15-year horizon allows recovery & compounding benefits.
Use a goal SIP calculator at sipplancalculator.in. Input your goal, time, and 10-12% expected return. Commit to stepping up SIPs! (Market risks apply)