That ₹30 lakh goal for your child's education? It could be ₹95 lakh in 15 years! Education costs rise 8-10% annually. Don't plan for today's costs, plan for tomorrow's!
Absolute returns are misleading. CAGR (Compounded Annual Growth Rate) shows true growth. Realistically aim for 10-12% CAGR from diversified equity funds for 15+ years.
After inflation, say your target is ₹95 lakh in 16 years. With 12% CAGR, how much monthly SIP? Tools like Goal SIP Calculators reveal you might need ₹21,200/month.
Can't invest a high SIP initially? Use a Step-Up SIP! Increase your monthly contribution by 5-10% annually, aligning with increments. Reach your goal faster and easier.
Don't underestimate inflation, chase past returns, start late, or stop SIPs during downturns. Regularly review your portfolio and rebalance as the goal approaches.
Take action! Calculate your inflation-adjusted goal & ideal SIP. Use our free calculators at sipplancalculator.in to kickstart your child's education fund journey.