"Do not save what is left after spending, but spend what is left after saving."
– Warren Buffett
– Warren Buffett
Plan a monthly investment for your child's future education costs.
A good engineering course costs about ₹15 lakh today. At 10% education inflation, it will cost roughly ₹42.8 lakh when a newborn needs it in 11 years. Starting a SIP now at 12% expected return means investing about ₹15,600 a month; waiting 5 years raises the required SIP to nearly ₹70,000.
Uses monthly compounding based on the expected annual return and investment period. Contributions are assumed to be made at the beginning of each month.
The result is an educational estimate, not a guaranteed return or personal financial recommendation. Review current product documents and consult a qualified advisor before investing.
Education inflation in India runs 10–12% annually — double the general inflation rate. A ₹10 lakh course today costs ₹31 lakh in 12 years at 10% inflation. Most parents underestimate this and start too late with too little. This calculator forces you to confront the future cost today, so you can start a right-sized SIP early when the monthly amount is manageable.
Using general inflation (6%) instead of education inflation (10–12%) — this underestimates the target by 2–3×. Starting when the child is 10+ — the monthly SIP becomes unaffordable. Ignoring the full cost (tuition + hostel + travel + laptop + coaching) — budget ₹30–50 lakh for a good UG program today. Not having a backup plan (education loan, scholarships) if corpus falls short.
No. They are educational estimates based on the inputs and assumptions shown on this page.
No. Unless stated otherwise, taxes, fees, charges, and product-specific rules are not included.
Use it to compare scenarios, then verify current product documents and seek qualified advice before making a decision.
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