Unlock the real numbers & smart strategies for your child's future education fund! Don't just dream it, plan it with Deepak's insights.
Ignoring education inflation (6-10% annually) is costly. A ₹20 Lakhs goal today could be ₹55 Lakhs in 15 years. Plan for a realistic future value, like ₹50 Lakhs!
Targeting ₹50 Lakhs for education? With 12% returns: * 15 years: Approx. ₹12.5k - ₹13k/month * 10 years: Approx. ₹22k - ₹23k/month. Start early!
Increase your SIP annually (e.g., 10% with salary hikes). Step-Up SIPs beat inflation & build a larger corpus faster with a lower initial investment. A true game-changer!
1. Long-term (10+ yrs): Flexi-cap, Large & Mid-cap funds. 2. Mid-term (5-10 yrs): Balanced Advantage Funds. 3. Short-term (0-5 yrs): Debt/Liquid Funds for safety.
1. Ignoring inflation. 2. Too conservative. 3. Stopping SIPs. 4. Mixing funds. 5. Bad 'Child Plans'. Protect your child's future fund by avoiding these common mistakes!
Ready to plan? Calculate your exact SIPs, step-up plans, and more with our free Goal-Based SIP Calculators today! Visit sipplancalculator.in