Understanding Education Cost Inflation
Education costs in India have been rising at 8-10% annually, far above general inflation. A degree that costs ₹20 lakhs today will cost approximately ₹93 lakhs in 18 years at 9% inflation. This means you need to plan for more than just the current cost. A SIP that accounts for education inflation ensures your corpus keeps pace.
Goal-Based SIP Calculator
For a child born today, an engineering degree target of ₹30 lakhs in current cost would need about ₹7,500/month in a SIP assuming 12% returns. An MBA target of ₹40 lakhs would need ₹10,000/month. Start early — delaying by just 3 years nearly doubles the monthly amount needed.
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Calculate your systematic investment plan returns with our free SIP calculator.