Shri Sai Praasad Services
AMFI-registered mutual fund distributor · ARN-82367 · EUIN E068029
What will my child's degree cost?
Prepared 27 October 2026
Education goal
What will my child's degree cost?
Inflate today's fees to the year your child enrols, then work backwards to the SIP that funds it.
Needed when they turns 18
₹67,99,059
Only used to label the answer. It is not stored.
The whole course, not one year. Include living costs if the child will move away.
Fees have risen faster than general inflation for two decades. 8–10% is the usual working assumption.
- Costs today
- ₹25.0 L
- In 13 years
- ₹68.0 L
- Already saved
- ₹2.00 L
- Still to fund
- ₹60.2 L
A course costing ₹25,00,000 today costs ₹68.0 L by the year they enrol. The horizon here is fixed by the child’s age — unlike every other goal, it cannot be pushed back.
What this assumes
- Fees inflate
- At the education inflation you set
- Cost figure
- Whole course, paid at enrolment
- Investment
- Held at the same return throughout
- Existing savings
- Grow at the same return
What it does not account for
- Fees paid in instalments across the course years, which reduces the corpus needed slightly.
- Currency risk on overseas education. A rupee that weakens 3% a year against the dollar adds materially to the bill.
- Scholarships, education loans and the interest deduction available under Section 80E.
- The glide down to debt in the final three years, which lowers the effective return near the goal.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Outputs here are illustrations based on the assumptions you set, not projections of any scheme’s performance.
This is an illustration of compound growth under the assumptions shown, not a projection, a forecast or a guarantee of any scheme’s performance. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.
Shri Sai Praasad Services is the practice of two AMFI-registered mutual fund distributors — Hemant Shridhar Kulkarni (ARN-82367) and Hemangi Hemant Kulkarni (ARN-157202) — neither of whom is a SEBI-registered investment adviser. They earn commission from asset management companies on the schemes they distribute, do not charge a fee for distribution, and do not guarantee returns. Insurance is offered under a separate registration from the mutual fund distribution business.
+91 94049 52882 · kulkarnihemanta@gmail.com · shrisaipraasad.example.com
A number is not a plan.
The calculator tells you the size of the gap. Closing it takes a scheme selection, an allocation and a review schedule.