How much SIP for your child's education goal? Let's decode it together.
Education inflation often hits 8-10% annually, outpacing general inflation. Traditional savings won't build the corpus you need. SIPs are crucial!
Don't guess! Research current costs, factor in your child's age & an 8-10% education inflation. A ₹15L degree today could be ₹45.8L in 13 years!
With your target corpus & time horizon, assume 10-12% returns. A Goal SIP Calculator helps. For ₹45.8L in 13 yrs, you might need ₹15,000/month!
Your income grows, so should your investments! Increase your SIP amount annually by a fixed % (e.g., 10%). This bridges gaps & supercharges compounding.
Don't start late, underestimate inflation (use 8-10%), or skip Step-Up SIPs. Avoid panic selling & review your plan annually to stay on track.
Ready to secure your child's education? Visit sipplancalculator.in to use our Goal SIP & Step-Up SIP calculators and start mapping out your plan today!