| 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.
Shrija FinServ LLP was incorporated as Limited Liability Partnership (LLP) on 03rd October 2024 by founder Mr. Vijay Kumar Mittal, who individually engaged in providing service since 01st May 2005, completing 2 decades of Journey with a vision to Provide cost- effective professional Personal Finance Services to satisfy clients with almost Financial Solution under one roof.
Office no.17-18, 3rd Floor, Ashta Siddhi Trade Centre, Vijay Chowk, Gorakhpur-273001 (Uttar Pradesh) India
