Worried about future education costs in India? Learn how to calculate and plan your Systematic Investment Plan (SIP) for your child's dreams. It's simpler than you think!
Higher education costs in India are soaring 8-12% annually, far outpacing regular inflation. Don't let rising fees catch you off guard – proactive planning is key!
Calculate the true future cost by projecting today's fees with 8-12% education inflation. Then factor in years to goal & expected investment returns (10-12% from SIPs).
To reach a ₹1.44 Cr MBA goal in 22 years, an ₹18k monthly SIP (at 12% return) is needed. Early start + compounding = powerful results. Don't delay!
Increase your SIP annually (e.g., 10%) as your income grows. This supercharges your corpus and makes ambitious goals, like a large education fund, much more achievable from day one!
For long-term goals, choose equity funds (Flexi-cap, Large-cap). Avoid delaying, underestimating inflation, or mixing goals. Review annually & stay consistent for success!
Don't just wonder! Use our Goal SIP Calculator & SIP Step-Up Calculator at sipplancalculator.in to map out their higher education journey. Take action today!