Education Quiz
India-focused · Education inflation · SIP planning
Education Fund Master Simulator – Plan your child’s future
A financial operating system for India. Calculate the real future cost of engineering, medical, MBA, and overseas education. Then build the right SIP or investment plan to reach that goal — completely free and private.
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Real-life example: The Sharma FamilyHow early planning secures a child’s education
Rahul (35), a software engineer in Pune, and his wife Priya want to fund their daughter’s engineering degree in 16 years. Current cost: ₹25 lakh. With education inflation at 8%, the future cost is ₹1.1 crore. They currently have ₹2 lakh saved and plan to start a SIP of ₹15,000/month.
- Step 1 – Know the goal: Use the simulator to inflate current costs accurately. It accounts for tuition, hostel, books, and living expenses — not just course fees.
- Step 2 – Choose the right investment: For goals more than 10 years away, equity mutual funds (large-cap, flexi-cap) historically deliver 10–12% returns, making the monthly SIP requirement more affordable.
- Step 3 – Track and adjust: The Education Fund Simulator recalculates the gap as the corpus grows. Rahul’s SIP may need to be increased by 10% annually to stay on track.
- Step 4 – Use tax benefits: PPF, Sukanya Samriddhi Yojana (for girl children), and ELSS funds can reduce your tax outgo while building the education corpus.
Education savings best practices for India
- Start early — the earlier, the better. A ₹25 lakh goal in 18 years needs ₹12,000/month at 12% returns. Wait 5 years and it jumps to ₹22,000/month.
- Use the right investment vehicle. Equity mutual funds for long-term (10+ years), debt funds for short-term (3–7 years), and PPF/SSY for guaranteed returns with tax benefits.
- Avoid loans as first resort. Education loans should be a backup, not the primary plan. Interest rates (8–12%) eat into post-graduation income.
- Consider education inflation separately. General CPI inflation is 4–5%, but education costs rise at 6–8% annually. The simulator uses this differential.
- Add a buffer for lifestyle and travel. Hostel, food, travel, and extracurricular expenses can be 30–50% of tuition. Include them in your target.
- Review annually. As your salary grows, increase your SIP. A 10% step-up every year halves the time to reach the goal.
- Protect the plan. Buy adequate term insurance so your child’s education is secure even if something happens to you.
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See Costs →Education Fund vs Retirement Fund
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Prioritise Goals →Scholarships in India 2026: Complete Guide
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Find Scholarships →Education Loan Tax Benefit Section 80E
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Save Tax →Frequently asked questions
education inflationSIPPPFSukanya Samriddhi
🎓 Education Costs & Inflation
If current cost is ₹25 lakh and education inflation is 8%, it will be about ₹1.1 crore. The simulator adjusts for inflation and shows the exact SIP you need.
Engineering: ₹15–25 lakh (4 years), Medical: ₹35–50 lakh (5.5 years), IIM MBA: ₹25–30 lakh (2 years), B.Sc. general: ₹2–5 lakh. These are representative figures for good private institutions in 2026.
💰 Investment & Tax
For goals 10+ years away: equity mutual funds (large-cap, flexi-cap) offer the best potential returns (10–12%). For 3–7 years: debt funds or balanced advantage funds. Mix PPF/SSY for guaranteed, tax-free returns. The simulator shows the required SIP for your exact goal amount.
Sukanya Samriddhi Yojana (SSY) is specifically for girl children and offers a slightly higher interest rate (currently 7.6% vs PPF’s 7.1%). Both are EEE (tax-free). For long-term education goals, blend equity (for higher returns) with SSY/PPF (for safety and tax guarantee).
📊 Using the Simulator
Enter your child’s current age, target course, and your current savings. The tool inflates today’s cost to the year of admission, calculates the required corpus, and tells you the monthly SIP needed. It updates dynamically when you adjust any input.
Use the Wealth Wallet to record all your education‑specific investments. The simulator shows the gap between where you are and where you need to be. Regular tracking ensures you stay on course.
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