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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
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.
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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.
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.
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.
*Best funds based on 3 year performance.
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 Below is the key information for ICICI Prudential Infrastructure Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life New Millennium Fund) A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend. Aditya Birla Sun Life Digital India Fund is a Equity - Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life Digital India Fund Returns up to 1 year are on 1. ICICI Prudential Infrastructure Fund
CAGR/Annualized
return of 14.1% since its launch. Ranked 27 in Sectoral
category. Return for 2022 was 28.8% , 2021 was 50.1% and 2020 was 3.6% . ICICI Prudential Infrastructure Fund
Growth Launch Date 31 Aug 05 NAV (17 Mar 23) ₹101.2 ↑ 0.65 (0.65 %) Net Assets (Cr) ₹2,270 on 28 Feb 23 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.32 Sharpe Ratio 1.22 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.
Date Value Returns for ICICI Prudential Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Mar 23 Duration Returns 1 Month 0.4% 3 Month -1% 6 Month 8.2% 1 Year 23.1% 3 Year 42% 5 Year 14.4% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Ihab Dalwai 3 Jun 17 5.67 Yr. Sharmila D’mello 30 Jun 22 0.59 Yr. Data below for ICICI Prudential Infrastructure Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Industrials 31.35% Financial Services 22.92% Utility 13.19% Energy 10.29% Basic Materials 7.42% Communication Services 6.08% Consumer Cyclical 2.18% Asset Allocation
Asset Class Value Cash 5.73% Equity 93.44% Debt 0.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 29 Feb 16 | 53255510% ₹217 Cr 12,653,921 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 09 | LT8% ₹189 Cr 890,000
↓ -60,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 16 | BHARTIARTL6% ₹139 Cr 1,800,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 17 | 5003126% ₹129 Cr 8,900,534 Kalpataru Power Transmission Ltd (Industrials)
Equity, Since 30 Sep 06 | KALPATPOWR5% ₹112 Cr 2,168,158
↑ 568,158 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹107 Cr 670,000
↓ -60,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFC4% ₹87 Cr 330,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322153% ₹64 Cr 740,000 NCC Ltd (Industrials)
Equity, Since 31 Aug 21 | NCC3% ₹58 Cr 6,470,863 State Bank of India (Financial Services)
Equity, Since 30 Nov 16 | SBIN2% ₹55 Cr 1,000,000 2. Aditya Birla Sun Life Digital India Fund
CAGR/Annualized
return of 11.2% since its launch. Ranked 33 in Sectoral
category. Return for 2022 was -21.6% , 2021 was 70.5% and 2020 was 59% . Aditya Birla Sun Life Digital India Fund
Growth Launch Date 15 Jan 00 NAV (17 Mar 23) ₹117.17 ↑ 1.69 (1.46 %) Net Assets (Cr) ₹3,338 on 28 Feb 23 Category Equity - Sectoral AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆ Risk High Expense Ratio 2.19 Sharpe Ratio -0.58 Information Ratio 0.9 Alpha Ratio 0.2 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value Returns for Aditya Birla Sun Life Digital India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 17 Mar 23 Duration Returns 1 Month -5% 3 Month -0.1% 6 Month 6.2% 1 Year -13.4% 3 Year 38.2% 5 Year 19.8% 10 Year 15 Year Since launch 11.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 -21.6% 2021 70.5% 2020 59% 2019 9.6% 2018 15.6% 2017 22.4% 2016 -3.5% 2015 11.2% 2014 21.1% 2013 50.2% Fund Manager information for Aditya Birla Sun Life Digital India Fund
Name Since Tenure Kunal Sangoi 15 Jan 14 9.05 Yr. Data below for Aditya Birla Sun Life Digital India Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Technology 80.4% Communication Services 8.29% Industrials 7.02% Consumer Cyclical 2.18% Financial Services 0.64% Asset Allocation
Asset Class Value Cash 1.47% Equity 98.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY26% ₹853 Cr 5,563,401
↑ 85,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS11% ₹351 Cr 1,045,450 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH9% ₹305 Cr 2,721,227
↓ -50,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 5327558% ₹260 Cr 2,563,833 LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM6% ₹214 Cr 490,179 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL5% ₹163 Cr 2,114,697 Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT3% ₹115 Cr 1,306,398 Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE3% ₹107 Cr 244,188
↓ -31,093 Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | BSOFT3% ₹85 Cr 2,820,432
↑ 200,000 Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 30 Jun 21 | ZEEL2% ₹64 Cr 2,836,967