Child Education Calculator

Plan for your child's education expenses with inflation factored in

5 years
18 years
12%

Results

Total Education Cost in 13 Years

₹2.40 Cr

4.0x of current annual cost due to inflation

Monthly SIP Needed

₹63.93 K

for 13 years

OR Lumpsum Today

₹55.08 L

One-time investment

Current Annual Cost

₹15.00 L

Domestic education

Education Starts

Age 18

In 13 years

Education Fund Timeline

Now (Age 5)Education (Age 18)
Yr 0
Yr 3
Yr 7
Yr 10
Yr 13

Fund Growth Projection

Accumulated Amount
Target
₹0₹60.08 L₹1.20 Cr₹1.80 Cr₹2.40 CrAge 6Age 9Age 12Age 15Age 18

Year-wise Milestones

YearChild's AgeAccumulatedTarget
16₹8.19 L₹18.49 L
27₹17.42 L₹36.97 L
38₹27.81 L₹55.46 L
49₹39.53 L₹73.95 L
510₹52.73 L₹92.43 L

💡 Planning Tips

  • Consider ELSS funds for tax benefits under Section 80C while saving for education
  • Start a Sukanya Samriddhi Yojana (SSY) account for girl child - offers 8%+ tax-free returns
  • Gradually shift to debt funds as the education date approaches (3-5 years before)

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