Right SIP for daughter’s education, marriage?

In this article, I have tried to list down important personal financial calculators that will be useful while considering financial planning in India. These calculators can be used by both DIY investors and newbies. Let`s look into few details to see how these personal finance calculators can help you calculate the required corpus for your retirement, child education and child marriage.

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An SIP can help you work towards your long-run financial goals through regular systematic savings. These goals can be your retirement, children’s education, a dream home, marriage, or dream vacation. 1. SIP helps you to inculcate financial discipline of your money. 2.

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6 Best Children Investment Plans in India. This is an additional term insurance plan you should take in your name for protecting your child’s future. E.g. if you think that it would cost Rs 20 Lakhs for your child education in future or for your child marriage in future, you can consider taking Rs 20 Lakhs additional term insurance.

For every daughter that was born, a family that enrolled in the programme would receive approximately $400, on the condition that they remained unmarried until the age of 18. The impact, they hoped, would be three-fold: increased value of girls, improved educational attainment, and delayed marriage.

Goodwin married. daughter, Goodwin, of Deephaven, is survived by her father, Wilbur Sheets; sons Josh Stahl and Ben.

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For your daughter’s education and marriage, you should have at least 15 years of time horizon. For this goal, I would recommend a medium risk portfolio where you can start an SIP of Rs 2,000 each in Reliance Large cap Fund, L&T Midcap fund, Kotak Emerging Equity Scheme and HDFC Small Cap Fund.

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Estimate the future expenditure to be incurred at the time of marriage of your children. Education Calculator Estimate the future expenditure which will be incurred at the time of your child’s higher education.

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