Investment calculator
What the degree will actually cost
Education inflation runs ahead of general inflation, year after year. The fee you are looking at today is not the fee you will be paying.
Indian education costs have generally risen faster than headline inflation. 8% is a common working assumption; professional courses have run higher.
Cost when they start
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Start planning for thisIndicative only, based on the assumptions below. Not an offer or a guarantee.
What this assumes
- Education inflation applied at the rate you set, compounded annually.
- A constant investment return, compounded monthly, with contributions at the start of each month.
- Course fees only. Living costs, travel and coaching are not included and are frequently a third again.
The boring bit
Why a fixed deposit does not solve this
If education costs rise at 8% and your savings earn 6% after tax, you are falling behind every year while feeling like you are saving. That gap is the entire problem, and it is invisible until the fee demand arrives.
The other thing worth knowing: as the date gets close, the money should move out of equity. A 40% market fall in the year before admission is not a dip you can wait out — the fee is due regardless.
Future cost = today’s cost × (1 + education inflation)^years
FAQ
Questions about this calculator
Is 8% education inflation realistic?
It is a common working figure for India and has been broadly consistent with observed fee increases. Professional and overseas courses have run higher. Set it higher if you are planning for medicine, engineering or a foreign university.
Should I use a child insurance plan?
Usually not, and this is one of the most commonly missold products in the country. They bundle insurance and investment, and are generally worse at both than buying term cover and a mutual fund separately. Ask us to show you both sets of numbers.
What if I start late?
The monthly figure goes up sharply — compounding needs time more than it needs money. Starting late is still much better than not starting, but it is worth seeing the difference five years makes.
Turn the number into a plan
A calculator gets you to a figure. Getting there needs a product, and that is the part we do.