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Education Planning Calculator

Updated on November 29, 2023 , 1398 views

What is a Childhood Education Planning Calculator?

Childhood Education Planning Calculator is an important tool that allows you to plan your investments in order to meet the education needs of your children in the future. Getting the right education for children is imperative and the stakes are high when the expenses involved with education are only getting costlier. With an Education Planning Calculator, you will be able to figure out exactly how much money you will need for your child’s education and exactly how much you should save and invest on a regular Basis

How does the Calculator Work?

The working of the calculator is very simple. All you have to do is enter the relevant details against the fields and get an estimate on the future cost of the education as well how much monthly savings you should do to reach your goal. Simple details like the investment amount, the age of your child, your age, and annual Income can help you determine how much you can save up if you start Investing today.

Note/ Disclaimer:The calculations are generated assuming an Inflation rate of 6% and the values are illustrative. The actual cost incurred would depend on the future performance of your investment and is subject to Market conditions.

Know Your Monthly SIP Amount

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹3,718/month for 15 Years
  or   ₹269,818 one time (Lumpsum)
to achieve ₹2,500,000
Invest Now

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Benefits of Child Education Calculator

Education planning is a long term project and can be a difficult one. There could be unforeseen circumstances that can throw you off your Financial goals. The child education calculator comes in handy and generates the estimated education costs for a set number of years keeping in mind the rate of inflation. Not only can this help you get a fair estimate but also help you plan your finances better.

Why Should you Plan your child’s higher education?

With the rising rate of inflation and it can never be too early for you to be planning your child’s education expenses. It is important to have a plan in place keeping in mind as any delay in the formulation of the right investment strategy could prove detrimental to your child’s future. While economic fluctuations are unpredictable, planning early can give a certain amount of immunity against it. Planning becomes all the more important if you plan to send your child for post graduate studies, as it will serve as a financial cushion at such crucial times. Since this a very long term plan, a wise strategy would be to start putting aside small sums of money today, rather than allowing yourself to get overwhelmed by large payments and lack of savings later.

Other Long term Investments you should do to help your child’s future education

Equity Funds can be a good option for investments for you if you have a small child who still has 15-18 years until undergraduate studies. This is recommended since over such a long period of time the Volatility in returns tend to balance out. A high level of equity can also help counter the inflation rate. You can invest in a SIP that would help you build a corpus steadily, or even opt for a lump sum deposit in case you have a substantial amount to invest . The remaining 30-35% of the Portfolio can be diverted to safer options like PPF, Tax saving fixed deposits and tax free Bonds. For a short term focus of about 5 years, investing in Fixed Income options like fixed deposits and PPF would be a wise choice. Even though the returns are lower, they are guaranteed and the risk involved is less as well.

Top Funds for 2023

*Best funds based on 3 year performance.

1. ICICI Prudential Infrastructure Fund

To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure development and balance in debt securities and money market instruments.

ICICI Prudential Infrastructure Fund is a Equity - Sectoral fund was launched on 31 Aug 05. It is a fund with High risk and has given a CAGR/Annualized return of 15.3% since its launch.  Ranked 27 in Sectoral category.  Return for 2022 was 28.8% , 2021 was 50.1% and 2020 was 3.6% .

Below is the key information for ICICI Prudential Infrastructure Fund

ICICI Prudential Infrastructure Fund
Growth
Launch Date 31 Aug 05
NAV (01 Dec 23) ₹134.47 ↑ 1.24   (0.93 %)
Net Assets (Cr) ₹3,345 on 31 Oct 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.22
Sharpe Ratio 1.75
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Nov 18₹10,000
30 Nov 19₹10,619
30 Nov 20₹9,930
30 Nov 21₹16,421
30 Nov 22₹21,274
30 Nov 23₹28,149

ICICI Prudential Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹543,623.
Net Profit of ₹243,623
Invest Now

Returns for ICICI Prudential Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Dec 23

DurationReturns
1 Month 10.2%
3 Month 8.7%
6 Month 24.1%
1 Year 32.8%
3 Year 41%
5 Year 23.2%
10 Year
15 Year
Since launch 15.3%
Historical performance (Yearly) on absolute basis
YearReturns
2022 28.8%
2021 50.1%
2020 3.6%
2019 2.6%
2018 -14%
2017 40.8%
2016 2%
2015 -3.4%
2014 56.2%
2013 -5%
Fund Manager information for ICICI Prudential Infrastructure Fund
NameSinceTenure
Ihab Dalwai3 Jun 176.42 Yr.
Sharmila D’mello30 Jun 221.34 Yr.

Data below for ICICI Prudential Infrastructure Fund as on 31 Oct 23

Equity Sector Allocation
SectorValue
Industrials27.88%
Financial Services17.23%
Utility16.88%
Basic Materials14.87%
Energy11.35%
Communication Services4.16%
Consumer Cyclical1.28%
Real Estate1.11%
Asset Allocation
Asset ClassValue
Cash4.14%
Equity94.76%
Debt1.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 532555
9%₹288 Cr12,212,000
↑ 500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT
6%₹211 Cr720,493
↑ 143,115
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
5%₹169 Cr1,850,000
↑ 370,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 16 | BHARTIARTL
4%₹139 Cr1,520,601
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 500312
4%₹133 Cr7,145,300
Kalpataru Projects International Ltd (Industrials)
Equity, Since 30 Sep 06 | KPIL
4%₹119 Cr1,800,000
↓ -41,962
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK
3%₹106 Cr720,000
NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC
3%₹91 Cr6,300,000
InterGlobe Aviation Ltd (Industrials)
Equity, Since 28 Feb 23 | INDIGO
2%₹75 Cr305,301
↑ 40,000
Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Aug 23 | GRASIM
2%₹72 Cr382,000
↑ 90,000

2. HDFC Infrastructure Fund

To seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of infrastructure.

HDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 10 Mar 08. It is a fund with High risk and has given a CAGR/Annualized return of since its launch.  Ranked 26 in Sectoral category.  Return for 2022 was 19.3% , 2021 was 43.2% and 2020 was -7.5% .

Below is the key information for HDFC Infrastructure Fund

HDFC Infrastructure Fund
Growth
Launch Date 10 Mar 08
NAV (01 Dec 23) ₹34.485 ↑ 0.29   (0.85 %)
Net Assets (Cr) ₹958 on 31 Oct 23
Category Equity - Sectoral
AMC HDFC Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.56
Sharpe Ratio 1.82
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Nov 18₹10,000
30 Nov 19₹10,161
30 Nov 20₹8,001
30 Nov 21₹12,816
30 Nov 22₹15,701
30 Nov 23₹22,153

HDFC Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for HDFC Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Dec 23

DurationReturns
1 Month 8.8%
3 Month 9.1%
6 Month 35.8%
1 Year 41.7%
3 Year 40.2%
5 Year 17.4%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2022 19.3%
2021 43.2%
2020 -7.5%
2019 -3.4%
2018 -29%
2017 43.3%
2016 -1.9%
2015 -2.5%
2014 73.9%
2013 -14.4%
Fund Manager information for HDFC Infrastructure Fund
NameSinceTenure
Rakesh Vyas1 Jun 194.42 Yr.
Dhruv Muchhal22 Jun 230.36 Yr.

Data below for HDFC Infrastructure Fund as on 31 Oct 23

Equity Sector Allocation
SectorValue
Industrials45.96%
Financial Services16.51%
Basic Materials10.25%
Energy6.22%
Utility5.13%
Consumer Cyclical3.25%
Technology2.41%
Real Estate1.99%
Communication Services1.34%
Asset Allocation
Asset ClassValue
Cash6.94%
Equity93.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
J Kumar Infraprojects Ltd (Industrials)
Equity, Since 31 Oct 15 | JKIL
7%₹65 Cr1,613,625
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
6%₹61 Cr209,762
Coal India Ltd (Energy)
Equity, Since 31 Oct 18 | COALINDIA
6%₹55 Cr1,765,000
Premier Explosives Ltd (Basic Materials)
Equity, Since 31 May 17 | PREMEXPLN
5%₹49 Cr375,467
↑ 18,371
NTPC Ltd (Utilities)
Equity, Since 31 Dec 17 | 532555
5%₹49 Cr2,084,125
Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 23 | KPIL
5%₹45 Cr683,608
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹43 Cr465,000
↑ 20,000
State Bank of India (Financial Services)
Equity, Since 31 Mar 08 | SBIN
4%₹40 Cr704,361
G R Infraprojects Ltd (Industrials)
Equity, Since 31 Jul 21 | 543317
3%₹30 Cr269,267
↑ 30,000
AIA Engineering Ltd (Industrials)
Equity, Since 31 Oct 21 | AIAENG
3%₹25 Cr71,061

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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