Child Education Planner
Estimate the future cost of higher education and find out how much you need to save monthly.
Your inputs
Your estimate
Estimated Future Cost
₹20,88,624
Required Monthly SIP
₹4,139
Estimates use your inputs and assumed returns. Actual returns vary and are not guaranteed.
Quick answer
This calculator projects tomorrow’s education cost and the SIP to fund it. A ₹20 lakh course today costs about ₹83.54 lakh in 15 years at 10% education inflation, needing a SIP of about ₹16,557 a month at an assumed 12%.
About the Child Education calculator
Education inflation in India typically runs at 10-12% annually. A course that costs ₹10 Lakhs today might cost over ₹40 Lakhs in 15 years. This calculator helps parents plan ahead with the right monthly SIP target.
What is the formula?
Future cost = cost today × (1 + inflation)ʸ. Required SIP = future cost ÷ {[((1 + i)ⁿ − 1) ÷ i] × (1 + i)}.
Worked example
₹20,00,000 × 1.10¹⁵ is about ₹83.54 lakh. Over 180 months at an assumed 12% a year, that takes about ₹16,557 a month.
Frequently asked questions
What inflation rate is best for education?
It is recommended to use at least 10-12% for professional education planning in India.
When should I start planning?
The earlier the better. Starting when your child is a toddler gives you a much longer compounding period.
Related guides
Reviewed by Vikas Gupta, AMFI-registered Mutual Fund Distributor (ARN-178652). Last updated . Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual fund distribution by Korlipara Vikas Gupta, AMFI-registered Mutual Fund Distributor, ARN-178652. Distributors earn commission from fund houses on regular plans. Content and calculators on this site are for education, not personalised investment advice. Illustrations use assumed returns, which are not guaranteed.