Make sure that all these schemes match your risk profile.You are currently investing Rs 17,500 every month. Even with Rs 25,000 per month, you would make only Rs 58 lakh at the end of 10 years. For example, if the child's higher education costs Rs 50 lakh now, inflate the figure by 5-6 per cent per annum to reach a realistic number. For example, if the college fee is Rs 50 lakh, it would cost around Rs 89.54 lakh in 10 years time when you account for an inflation rate of 6 per cent per annum. You will have to invest around Rs 38,500 per month to create a corpus of over 89 lakh.

Source: Economic Times June 28, 2017 04:52 UTC