Product 07
Child Plans
A ring-fenced corpus for education and marriage.
child-plans.jpgWhat you get
Cost it at future value
A degree costing ₹15 lakh today will not cost that in fifteen years.
Dedicated folio
Kept separate so it is not raided for a car or a holiday.
Equity early, debt later
Aggressive while the horizon is long, safe two years before.
Term cover alongside
The plan must survive even if you do not.
At a glance
| Goal | Cost today | Cost in 15 yrs @ 8% |
|---|---|---|
| Engineering degree | ₹ 15,00,000 | ₹ 47,58,000 |
| MBBS (private) | ₹ 60,00,000 | ₹ 1,90,30,000 |
| Overseas Masters | ₹ 45,00,000 | ₹ 1,42,73,000 |
| Wedding | ₹ 25,00,000 | ₹ 79,30,000 |
Figures shown are illustrative and depend on the scheme, issuer and prevailing rates. Nothing here is a guarantee of return.
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