Tools
Goal planner
Pick a goal, enter what it costs today and when you need it. See what it will cost then, and the monthly amount that could get you there.
Education costs in India have risen faster than general inflation.
In 12 years this will cost about
₹42.2 lakh
A monthly SIP that could get you there
₹15,200 a month
For goals closer than five years, we usually move the money gradually from equity into debt funds so a market fall near the date does not derail the plan.
Illustrative only, assuming 10% a year compounded monthly. Actual returns vary and are not guaranteed. Mutual fund investments are subject to market risks; read all scheme related documents carefully. This is not a recommendation to buy any product.
How this is worked out
Today’s cost is grown by the price rise you choose for the years to go. Anything already saved is grown at the assumed return and subtracted. The monthly SIP is the amount that, invested at the start of each month at the assumed return, reaches the remaining gap.
Education costs in India have risen faster than general inflation, which is why the education preset starts at 9 percent.
Start with today's cost of the course you have in mind, apply 8 to 10 percent yearly inflation for education, and work out the monthly SIP over the years until admission. The planner does this for you.
Use a lower assumed return and consider debt or hybrid funds. Money needed soon should not be exposed to large equity swings.
A common rule is 25 to 30 times the yearly expenses you expect in retirement, in future rupees. We can work through it with you in detail.
Related: Wealth planning, SIP calculator.
Turn the plan into a SIP that runs on its own.
A first conversation is free and takes about thirty minutes, at the office in Angamaly or over a call.
Opposite St Martin's Shrine, Angamaly South P.O.
Angamaly, Kerala 683573
- Monday to Friday: 9:00 am to 6:00 pm
- Saturday: 9:00 am to 5:00 pm
Get directions
Ten minutes from Cochin International Airport