Education Fund Planning
Start from the goal: target college/program costs today, add expected inflation, and compute the required corpus at the admission year.
Map instruments to horizon: equity MFs for 7y+, hybrid for 3–7y, short-term debt/FDs for ≤3y. Add a sovereign-backed bucket for safety.
Automate SIPs and add a step-up annually; rebalance to maintain asset mix and derisk 2–3 years before the fee due date.
Ensure adequate term/health insurance so the plan survives life’s surprises.
Goal firstGlide-pathRisk control
How to Build the Plan
- Estimate future fee: Current fee × (1 + inflation)^years. Add living costs and buffer.
- Choose asset mix: Early years: equity-heavy; mid-phase: add hybrid; last mile: shift to debt/SSY/PPF/FD.
- Execute: Set up SIPs/STPs; use direct plans; review yearly; step-up contributions.
- Derisk: Move to safer assets 24–36 months before the goal to avoid sequence risk.
Where to Invest
- Equity MFs: Index, large & mid, multi-cap for growth (7y+).
- Hybrid/Balanced Advantage: Smoothen volatility (3–7y).
- Debt/Ultra Short/FD/PPF/SSY: Capital safety, liquidity (≤3y or last-mile).
- International allocation (optional): 10–20% for diversification if access allows.
Education only; not investment advice. Please verify current rules, interest rates, and taxation before investing.