Education Planner

It is common knowledge that costs associated with education are exorbitant and rising fast. Parents have to spend ₹25 lakhs or more for a single child’s graduation like B.tech or any 4-year degree course in a private college. 

These expenses may be upward of Rs 1.5 cr in a country like the US or UK. This will only go higher as the Indian currency is depreciating against important world currencies.

No parent would want to compromise with their education. They feel obligated to do their best. These expenses are unavoidable. 

Take a look at the cost of UG courses in some prominent private colleges in India:

So what’s the way out? 

We at MutualfundWala will assist you in planning for your child’s higher education. This calculator ensures your investment aligns with the impact of inflation so that you do not get a rude shock when your child has to go for his higher studies.

This is how the financial calculator for ‘Education Planner’ works:

• Key in your child’s age
• Key in the cost incurred every year as on today
• Key in the duration of the college
• Key in the returns (suggested; 12-15%)
• Input the inflation percentage ( around 10%)

For any assistance feel free to connect with Vridhi at +919891467575