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Child Education Planner

Child Education Planner

As a responsible and caring parent, you want your child to get the very best start in life. To ensure that your child is ready for a successful life, education would play a very important role.

We understand this critical goal in your life and bring to you this "Child Higher Education" planning tool to determine the investments that you need to make in order to fulfill the dreams of your loved ones.
Years to maturity :
Years It is the number of years remaining till the time, your child is likely to begin his/her higher education. For eg. If the higher education goal will mature at say age 18 and your child's current age is 8 then 10 will be the years to maturity.
Education Cost Today :
Rs. 
Within India: MBA: Rs.12,00,000/- Doctor: Rs.15,00,000/-. Computer Engineer: Rs.6,00,000/-. Pilot: Rs.20,00,000/-. MBA Rs.50,00,000/- Outside India: MBA /Computer Engineer Rs.50,00,000/-. Doctor: Rs.75,00,000/-
Estimated Increase in your Savings :
Yearly This represents the actual increase in your savings on a year-on-year basis in percentage terms. Usually our savings do not rise as fast as our income since we also tend to spend more, buy more assets, etc. We should assume much lower rate (say 0% to 2%) to be on a safer side.
Expected Rate of Returns :
Yearly

Different asset classes can deliver varying levels of returns for any given investment horizon. The following matrix can help you with the same

Debt Asset Class - Between 7% to 9%.
Ideal investment horizon is very short to medium term (few months to say 5 years)

Equity Asset Class - Between 10% to 15%.
Ideal investment horizon is long to very long term (say over 5 years)

You may partly invest in both to get an appropriate asset allocation for your investment horizon.
Expected Rate of Inflation :
Yearly Inflation is generally inferred from the measure of CPI released by the government agencies. However, this figure is more about representing the price rise in the basket of goods and services used in consumption than the inflation in education costs. We should assume a higher rate of inflation (at least 2 to 5% higher) for education costs, considering the lack of quality education institutions and the growing competition for admissions.
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We are certified mutual fund distributors recognised by the AMFI (Association of Mutual Funds in India) and also insurance advisors recognised by the IRDAI (Insurance Regulatory and Development Authority of India). You will enjoy single window access to a wide range of financial products, adequate to help meet your diverse financial objectives.

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CN Investments

ARajkot,
Ahmedabad

M7435915992

M9913529465

M8200842588

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