To maintain purchasing power, one needs to plan investments wisely. Read here, , inflation, SIPs, Systematic Investment Plans, systematic investment plans (SIPs), personal finance
Assuming the current undergraduate expenses of around ₹20 lakh and post-graduate expenses of around ₹40 lakh, with a 7% inflation in tuition fees, the total cost after 18 years for your daughter’s education should be around ₹2 crore. This can be covered by your corpus at that time.
Investors probably took a wait-and-watch approach to allocate additional investments to equity, says National Head and Sales, Marketing & Digital Business, Kotak Mahindra AMC