Child's Current age and Future age when money is required
Enter your child's name, current age, and the number of age when you want the amount of money. Define when the funds are required, such as when higher education begins, or money is needed.
Required Amount
Based on today's values, specify the total amount needed for future expenses, such as college fees or tuition.
Current Investments
Add the value of your current investments toward your child's future expenses.
Inflation and Return Rates
- Expected Inflation Rate: Adjust the rates to account for the rising cost of education and living expenses in India. This will ensure greater security regarding savings.
- Assumed Rate of Return: Enter the return percentages for your current and potential fresh investments.
Investment Options
To help you meet your financial goals, we suggest two investment strategies based on two different rates of return scenarios, including lumpsum amounts or monthly SIPs (Systematic Investment Plans).
