Financial Tools

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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Welcome to "MISHU INVESTMENTS", Started in 2002, "MISHU INVESTMENTS" seeks to reach out to the Investors who seek to look after their family by proper Risk management and are willing to create wealth through an extensive financial plan. To its clients/Members, Mishu Investment provides a comprehensive financial plan for well being of the family and for investors themselves since we know most of investors would think of their family first and then for themselves so do we. With its compelling set of offerings covering every area of financial practice, MISHU INVESTMENT has managed to successfully transform the lives of many investor families.

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Mishu Investments
Office Address:
4, Hare Krishna Bldg, PLOT NO 1:1,
SECTOR-13, Near Raj Udayan Bldg
SANPADA,NAVI MUMBAI, Mumbai,
Maharashtra 400705

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Customer Care: 8928738991
Office Hours: 10 AM to 6 PM
M: 7977362532
M: 8879954952
E:customercare@mishuinvestments.com

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