Calculator
Today's cost of an education goal, what it grows to by the time it's due, and the monthly SIP that gets you there.
A ₹20,00,000 goal today will cost ₹1,03,35,976 in 15 years — that needs a SIP of ₹20,484/month at 12% to fund the ₹1,03,35,976 that's left after your existing savings grow.
11% is a commonly-cited midpoint for Indian education-cost inflation (private school and higher-ed fees typically outpace general CPI) — adjust for the specific course or institute.
Future Cost
₹1,03,35,976
in 15 years
Remaining Gap
₹1,03,35,976
after existing savings grow
Required Monthly SIP
₹20,484
See if this goal is covered if something happens to you — Term Cover Calculator
Private school and higher-education fees in India have historically risen faster than the general CPI, driven by rising infrastructure, faculty, and demand costs at sought-after institutes — 11% is a commonly-cited midpoint, not a guarantee for any specific institution.
This calculator only computes the savings math — it doesn't factor in what happens if you can't keep contributing. The future cost figure above is exactly the kind of number worth checking against your term life cover, so the goal still gets funded even if you aren't there to keep saving.
Related tools
This tool answers a savings-math question — what a goal will cost and what SIP funds it — not an insurance-pricing question. If you want to check whether this goal would still be funded if you weren't there to keep contributing, that's a separate, needs-based calculation the Term Cover Calculator handles.
Disclaimer: Education-cost inflation and SIP returns are editable assumptions, not guarantees — actual fee growth at any specific institute, and actual investment returns, will differ.
Need more calculators? Browse all calculators →