How to make your child’s education dreams come true with SIPs

Hi there,

Do you have a child who dreams of becoming a doctor, an engineer, a lawyer, or an artist? Do you want to give your child the best education possible and help them achieve their full potential? Do you want to be prepared for the rising costs of higher education in India and abroad?

If yes, then you need to start saving and investing for your child’s education today.

Education is one of the most important and rewarding investments you can make for your child. It can open up a world of opportunities and possibilities for your child’s future. It can also enhance their skills, knowledge, personality, and confidence.

But education is also one of the most expensive investments you can make for your child. According to a report by HDFC Credila, the average cost of higher education in India has increased by 96% in the last 10 years. The report also states that the average cost of higher education abroad has increased by 41% in the same period.

Another report by Value Research estimates that the cost of a four-year engineering course in India will be Rs 25 lakh in 2030, while the cost of a two-year MBA course will be Rs 40 lakh. The same courses abroad will cost Rs 1.6 crore and Rs 2 crore respectively.

These facts show that you need to have a substantial corpus to fund your child’s education. You cannot rely on your income, savings, or loans alone. You need to have a systematic and disciplined approach to save and invest for your child’s education.

But how do you save and invest for your child’s education?

The answer is simple: mutual funds.

Mutual funds are one of the best ways to save and invest for your child’s education. They are professionally managed pools of money that invest in various assets such as stocks, bonds, gold, etc. They offer you the benefits of diversification, liquidity, tax efficiency, and flexibility.

But how do mutual funds help you build wealth for your child’s education? The answer is simple: SIP.

Let me give you an example. Suppose you start investing Rs 10,000 per month in a mutual fund that gives you an average return of 15% per year when your child is born. If you invest for 18 years till your child is ready for college, your total investment of Rs 21.6 lakh will grow to Rs 1 crore. But if you delay your investment by five years and start when your child is five years old, your total investment of Rs 15.6 lakh will grow to only Rs 45 lakhs - a difference of almost Rs. 50 lakhs.

That’s the power of SIP and compounding. You can see how starting early and investing regularly can help you build a large corpus for your child’s education.

But how do you choose the right mutual fund for your SIP? The answer is simple: Fincare Services.

We are Fincare Services, a team of certified and experienced financial advisors who help you plan, invest, and grow your money for your child’s education. We are your personal CFOs who understand your needs, goals, and risk appetite and tailor a plan that suits you best.

We help you choose the right mutual fund schemes for your SIP based on various factors such as performance, ratings, risk-return ratio, fund manager’s track record, etc. We also help you monitor and review your portfolio regularly. We take care of all the details so that you can focus on nurturing your child’s dreams without worrying about finances.

Sounds good? Then don’t wait any longer. Introduce your family and friends to get them started on the journey to building wealth for their child’s education with mutual funds. Just reply to this email or call us at +91-9773687483 and we’ll be happy to assist you.

Remember, education is priceless. And mutual funds are the best way to pay for it. Let us help you secure your child’s future with Fincare Services.

Your friends at Fincare Services.