AMFI-Registered Mutual Fund Distributor
AMFI-Registered Mutual Fund Distributor
| Total child | |
| Child 1 age | |
| Child 2 age | |
| Higher education age | |
| Marriage age | |
| Monthly expense | |
| Inflation | |
| Risk free rate of return | |
| Return on investment for child future | |
| Current cost of higher education | |
| Current cost of marriage | |
| Total outstanding loan amount as of today | |
| Current life insurance cover | |
| Current value of investment |
| Current monthly expense | |
| Years till life expectancy of spouse | |
| Corpus required for house hold expenses | |
| Current cost of education - child 1 | |
| FV cost of education - child 1 | |
| Current cost of marriage - child 1 | |
| FV of cost of marriage - child 1 | |
| PV of investment require for education (Child 1) | |
| PV of investment require for marriage (Child 1) | |
| Current cost of education - child 2 | |
| FV cost of education - child 2 | |
| Current cost of marriage - child 2 | |
| FV of cost of marriage - child 2 | |
| PV of investment require for education (Child 2) | |
| PV of investment require for marriage (Child 2) | |
| PV of all future need | |
| Outstanding loan | |
| Gross coverage required | |
| Existing cover | |
| PV for current investment | |
| Net coverage required |
Above calculation is only for illustrative purposes.
Mutual funds investments are subject to market risks, read all schemes related documents carefully.
At Paisa Care, we are dedicated to empowering individuals and families to confidently and clearly achieve their financial goals. With our personalised strategies, expert insights, and unwavering commitment, we guide you through the complexities of finance, helping you create a secure and prosperous future.
No.3B, 2nd Street, Sivananda Nagar,
Kolathur, Chennai- 600099
