How to save ₹50 Lakh (or more!) for higher studies in 15 years.
Today's ₹50 Lakh higher education will cost ~₹1.4 Crore in 15 years due to 7% inflation. Don't just save, INVEST to beat inflation!
For a 15-year goal, equity mutual funds are key. Aim for 12% annual returns. Consider Flexi-Cap or Large & Mid-Cap funds for growth. Start early!
To reach ₹1.4 Crore in 15 years with 12% returns, aim for a ~₹31,000 monthly SIP. Consistency and discipline are your superpowers.
Don't fix your SIP! Increase it annually (e.g., 10%) with your income growth. This 'Step-Up SIP' can massively accelerate your corpus. A true game-changer!
Start early, embrace equity, don't stop SIPs during market dips, and review your portfolio yearly. Protect your goal by avoiding common errors.
Ready to calculate your child's education SIP? Visit sipplancalculator.in to use our Goal SIP and Step-Up SIP calculators today!