Give Your Child the Wedding They Deserve – Without Financial Worry

The amount depends on several factors: your child's current age, expected marriage year, wedding scale (normal or lavish), and inflation rate. A normal wedding costing ₹30L today could cost ₹1.4 Crores in 20 years at 8% inflation. A lavish wedding costing ₹80L today could cost ₹3.7 Crores in 20 years. Use our calculator above to get personalized estimates based on your specific situation.

Wedding costs in Gujarat typically inflate at 8-10% annually, higher than general inflation (6-7%). This means wedding expenses double approximately every 7-9 years. Factors like venue costs, catering, decorations, and jewelry contribute to this inflation. It's crucial to account for this when planning your child's marriage corpus.

The earlier, the better! Starting when your child is born or in early childhood (0-5 years) gives you 20-25 years to accumulate the required corpus. This allows you to invest smaller monthly amounts (₹5,000-₹10,000) and benefit from compounding. However, it's never too late to start. Even if you begin when your child is 10-15 years old, systematic investing with higher SIP amounts can still help you build a substantial marriage fund.

For long-term marriage goals (15+ years), we recommend an equity-heavy portfolio (60% equity, 20% hybrid, 15% debt, 5% gold) to beat wedding inflation. As the goal approaches (within 3-5 years), gradually shift to more conservative allocation (30% equity, 40% hybrid, 25% debt, 5% gold) to protect the corpus. Our model portfolios provide specific allocation recommendations based on your risk profile and time horizon.

Starting early has tremendous advantages. For example, investing ₹5,000/month for 20 years at 12% return can accumulate over ₹1 Crore, while starting 10 years later would require ₹20,000/month for 10 years to achieve similar results. Early planning allows smaller monthly investments, benefits from compounding, and provides a buffer for market volatility. The power of time and compounding is your greatest ally in marriage planning.

You can claim tax benefits under Section 80C for investments in ELSS mutual funds, PPF, and other eligible instruments up to ₹1.5L per year. Additionally, investments in the child's name can provide tax-efficient growth. However, the primary goal should be corpus accumulation rather than tax savings. We recommend a balanced approach that optimizes both growth and tax efficiency.

Absolutely! We recommend planning for a slightly higher corpus to provide flexibility. You can start with a normal wedding budget and adjust your SIP if you decide to have a more lavish celebration. Our goal-based approach allows for such adjustments during regular reviews. It's better to have a surplus than fall short of your requirements.