Raising 1 Child Costs ₹6.75Cr: Is Your Plan Ready?

School fees in India are rising 10-12% every year. By the time your child finishes education, total costs from birth to graduation in a metro could cross ₹6 crore. Most parents are not saving enough to cover this.

Here's what happened: School fees in metro cities are inflating at 10-12% per year — far faster than general CPI inflation of 4-5%.. A child born today in a metro city could need over ₹6.75 crore to cover schooling, coaching, college, and living costs over 22 years.. Most middle-class parents rely on savings accounts or fixed deposits that earn 6-7%, which cannot keep pace with 10-12% education inflation..

What you should do: Calculate your child education goal today — use an online education inflation calculator assuming 10% annual fee growth from current school fees.. Start a dedicated children's education SIP in an equity mutual fund — even ₹5,000/month started early can compound to ₹50+ lakh in 15 years.. Check if your employer offers a Sukanya Samriddhi Account (for daughters) or NPS — both offer tax-efficient long-term education corpus building..

Pro tip: Education inflation at 10% doubles costs every 7 years. A school fee of ₹1.5 lakh today becomes ₹3 lakh by the time your toddler hits Class 6 — start SIPs now, not when admission letters arrive.