Investment Strategies to Secure Your Child's Education

Plan ahead! How to Secure Your Child's Higher Education: Investment Strategies Explained using mutual funds, SSY, and PPF for ₹8 crore corpus.
October 07, 2024
How to Secure Your Child's Future
How to Secure Your Child's Higher Education: Investment Strategies Explained

Welcome back to Navigate with Finnovate! This week, I received a WhatsApp message from Aditya and his wife Reena, who are proud new parents of a baby girl. Congratulations to them!

Aditya wants to secure his daughter's higher education, planning for ₹1 crore spread over four years for undergraduate studies and another ₹1 crore over two years for post-graduation. To achieve this, he would need a corpus of approximately ₹8 crore by the time his daughter turns 17, covering expenses between ages 17 and 21.

To accumulate this corpus, Aditya needs to start investing ₹10.7 lakh annually. Here’s the breakdown:

  • ₹7.6 lakh in mutual fund SIPs
  • ₹1.5 lakh in Sukanya Samriddhi Yojana
  • ₹1.5 lakh in PPF

Over 15 years, by investing ₹1.5 lakh per year in Sukanya Samriddhi, Aditya will accumulate a corpus of ₹70 lakh. Similarly, investing ₹1.5 lakh per year in PPF for 18 years will yield about ₹55 lakh.

By investing ₹7.6 lakh annually in mutual funds with a 12% return over 18 to 20 years, Aditya will accumulate approximately ₹7.7 crore. This total corpus of ₹8.3 crore will fully fund his daughter's higher education plans.

If you want to plan your child’s future like Aditya, contact us to get started on securing their education today.

Published At: Oct 07, 2024 05:58 pm
380
NSDL CAS Statement
Jun 27, 2024
How to download NSDL CAS Statement

Learn how to easily download your NSDL CAS Statement in PDF format with our step-by-step guide. Follow our instructions to log in to NSDL e-Services, download your account statement, and subscribe for

Read Full
Step-by-Step Guide to CDSL CAS Statement
Jun 27, 2024
How to Download Your CDSL CAS Statement

Learn How to Download Your CDSL CAS Statement with our step-by-step guide. Easy instructions for accessing your investment details online.

Read Full
Economic analysis of the 2025 India-Pakistan conflict and its implications on India's economy.
May 12, 2025
War Zone: Assessing the Economic Impact of the 2025 India-Pakistan Conflict

Analyzing the potential economic impact of the 2025 India-Pakistan conflict on India's GDP growth, manufacturing sector, and foreign investment.

Read Full
Ola Electric IPO Launch 2024
Aug 03, 2024
What to Know About Ola Electric IPO Launch 2024?

Discover key facts about Ola Electric IPO launching in 2024. Simple guide covering business, financials and investment potential.

Read Full
Demat Depositary (DP), CDSL OR NSDL
Jun 27, 2024
Identifying Your Demat Depositary: NSDL or CDSL

Determine if your Demat Depositary (DP) is NSDL or CDSL easily. Follow our guide to check using broking platforms or Demat account number formats

Read Full
Create Your NSDL Account in 5 Steps
Jul 26, 2024
How to Open an NSDL Account: Easy Guide for Beginners

Easy steps to open your NSDL account online. Follow our beginner-friendly guide to register and start managing your investments.

Read Full
How to Access Your CAMS Mutual Fund Statement
Jun 27, 2024
Download Your CAMS Statement: Step-by-Step Guide

Download your CAMS statement for mutual funds effortlessly. Follow our guide on How to Download Your CAMS Statement for Mutual Funds today.

Read Full
SEBI’s Specialized Investment Fund
May 26, 2025
SIFs in India - Meaning, Benefits, Taxation & How to Invest

Explore what Specialised Investment Funds (SIFs) are, their benefits, taxation, minimum investment, and how they compare with mutual funds and PMS.

Read Full
App

Want to get started ?