Question 1

How is the target set?

Accepted Answer

Today’s cost is grown by the inflation rate you type. SIP is solved so the estimated corpus meets that target.

Question 2

Can I use a lumpsum instead of SIP?

Accepted Answer

Yes. The planner also shows a single amount that may reach the inflated target at the return you type.

Question 3

Is this an education-loan quote?

Accepted Answer

No. It is a savings target. Fees, forex, and admission costs can change.