Child Education Planner
Don't let inflation crush your child's dreams. Plan today.
Every parent dreams of giving their child the best education possible, whether it's becoming a doctor, an engineer, or studying abroad. But education costs in India are skyrocketing at 10-12% annually—much faster than your salary. The Child Education Planner helps you calculate exactly how much that dream degree will cost in the future and how much you need to save monthly to afford it without taking loans.
ℹ️ Fees if admission was today.
ℹ️ Usually 10% in India.
Cost in 15 Years
₹0.00 L
Required Monthly SIP
₹0
@ 12% Return
Analysis
A course costing ₹20.00L today will cost ₹0.00L when your child is ready.
Education inflation (10%) is much higher than normal inflation. PPF/FD (7%) won't be enough.
The Silent Threat: 10% Education Inflation
While general inflation (milk, bread, petrol) grows at ~6%, education inflation in India is estimated at **10-12% per year**. This means the cost of a college degree doubles every 6-7 years.
If you are relying only on traditional savings like Fixed Deposits (FDs) or Insurance policies that give 5-6% returns, you are actually losing money every year relative to the cost of education. You need investments that beat inflation.
🎓 Future Cost of Education (Projected)
Assuming 10% annual inflation over 15 years
| Degree | Cost Today (Range) | Cost in 15 Years |
|---|---|---|
| Engineering | ₹ 12L (Govt) - ₹ 25L (Pvt) | ₹ 50 Lakhs - 1 Crore |
| Medical (MBBS) | ₹ 5L (Govt) - ₹ 1 Cr (Mgmt) | ₹ 20 Lakhs - 4 Crores |
| MBA (Top Tier) | ₹ 25 Lakhs - ₹ 35 Lakhs | ₹ 1 Crore - 1.5 Crores |
| Study Abroad (UG) | ₹ 50 Lakhs - ₹ 1.5 Crores | ₹ 2 Crores - 6 Crores |
⚠️ Reality Check on Fees:
The lower end of the range represents Merit Seats in Government Colleges (highly competitive). The higher end represents Management Quota or Top Private Universities (BITs, Manipal, etc.). Always plan for the higher end to be safe—it is better to have extra money than to fall short.
Where Should You Invest?
1. Equity Mutual Funds (SIP)
Best for: Goals > 7 Years away.
To reach a target of ₹50 Lakhs or ₹1 Crore, you need the 12-15% growth that equities offer. Start a SIP in a diversified Flexi-cap or Index Fund.
2. Sukanya Samriddhi (SSY) / PPF
Best for: Safety / Debt Component.
SSY (for girl child) offers great tax-free returns (~8.2%). Use this for the "safe" portion of your portfolio (e.g., 30-40% allocation), but don't rely on it 100%.
Frequently Asked Questions
How much inflation should I consider for education?▼
Education costs have historically grown faster than general inflation, often estimated around 8–10% annually in India.
Which investment is suitable for a child’s education?▼
Equity-oriented investments are generally suitable for long-term goals, while debt-oriented options help protect capital as the goal nears.