🎓 Plan your child's education fund
Child education SIP calculator
Enter your child's current age, the age you're planning for (like 18, for college), your target corpus and an expected annual return — get the exact monthly SIP amount you'd need to invest to reach that goal. Free, instant, for illustration only.
The formula behind this
This uses the standard annuity-due future-value formula that every Indian mutual fund SIP calculator is built on — it assumes each month's instalment is invested at the start of the month (the normal SIP convention) and compounds at your entered rate every month until the target age:
FV = P × [((1 + r)^n − 1) / r] × (1 + r)
where P is the monthly SIP, r is your expected annual return divided by 12, and n is the number of months until your target age. We solve this backwards for P given your target corpus.
A higher assumed return lowers the monthly amount needed — but higher-return instruments (like equity mutual funds) are also more volatile year to year than what a flat rate implies. Many parents split a child's education goal across equity (for long horizons, 10+ years away) and safer debt instruments (as the goal gets closer) rather than assuming one flat rate the whole way — that decision is worth a conversation with a certified financial advisor, not just this calculator.