UTI MUTUAL FUND

UTI MUTUAL FUND

UTI MUTUAL FUND

UTI MUTUAL FUND, While calculating cost of higher education, it’s important to remember that in India, the long term average annual inflation rate for education cost is about 8-10%. And the rate of Inflation for costs of wedding has been 10-12%.

UTI MUTUAL FUND, SIP

USE SIPS TO MEET CHILD’S HIGHER EDUCATION COSTS

Sips in equity funds could creative large corpus over long term which could also be used meet expenses for child’s wedding

  1. While calculating cost of higher education, it’s important to remember that in India, the long term average annual inflation rate for education cost is about 8-10%. And the rate of Inflation for costs of wedding has been 10-12%. 
  2. There are calculators on the which could give you can estimate about these cost.
  3. Be realistic about returns you except from the funds you invest in.

Source- ET Markets Economics Times , Google.

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