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Calculators

Child education calculator

Education costs rise faster than most prices. Enter what a course costs today and how many years away it is, and see the amount needed then and the monthly SIP that could build it.

SIPStep up SIPGoalLump sumSWPRetirementChild educationCost of delayInsurance cover

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Talk to us for about 30 minutes. We will carry your numbers across so you do not have to repeat them.

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How this is calculated

We grow today’s cost by the yearly rise in education costs you set, and then work out the monthly SIP needed to reach that amount at the return you choose. Three return cases are shown.

What it is not

It does not refer to any scheme. It is not a forecast, a recommendation or a promise of returns. Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing.

Questions

What rise in costs should I use?+
Education costs vary a lot by course and place. Try a few values and see how sensitive the answer is.
Can I use it for a wedding or a house?+
Yes. The arithmetic is the same for any future cost. Enter its price today and the years until you need it.
Does it refer to any scheme?+
No. It is arithmetic, not a recommendation.

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