Home›ELSS Calculator
💸 Section 80C · 3-Year Lock-in · 12–15% Returns

ELSS Calculator –
Grow Wealth & Save Tax Together

ELSS is the only 80C investment that gives you market returns (12–15%) with just a 3-year lock-in. Calculate your corpus AND your tax savings simultaneously.

💸 Save ₹46,800 Tax
⏰ 3-yr Lock-in Only
📈 12–15% Returns
🏛️ Section 80C

🧮 ELSS Tax-Saving Calculator

Your Tax Slab
Monthly ELSS SIP₹12,500
₹
₹500₹12,500 (max 80C)
Expected Return (% p.a.)14%
8%22%
Investment Duration (Years)5 yrs
3 yrs (min)20 yrs
🎉 Annual Tax Saved
₹0
💰 Invested
₹0
📈 Returns
₹0
🏆 Total Corpus
₹0
Returns0%
Invested—
Returns—
Start ELSS SIP Today
📢 AdSense
ELSS vs Other 80C Options

Why ELSS is the Best Section 80C Investment

80C OptionReturnsLock-inTax on MaturityBest For
🏆 ELSS Mutual Fund12–15% p.a.3 years10% LTCG (above ₹1L)High returns + lowest lock-in
PPF7.1%15 yearsTax-FreeZero risk, long-term
NSC7.7%5 yearsTaxablePost office, safe
Tax Saver FD7–7.5%5 yearsTaxable (slab)Capital protection
Life Insurance4–6%10–20 yrsMostly exemptAvoid mixing with investment

For investors in 20%+ tax bracket with 3+ year horizon: ELSS wins on all parameters except safety (PPF wins on that). Combine both for the ideal 80C strategy.

Growth Chart

ELSS Growth Over Time

Amount Invested
ELSS Portfolio Value
📢 AdSense
FAQ

ELSS FAQs

What is ELSS and how does it save tax?▼
ELSS (Equity Linked Savings Scheme) is a mutual fund category that qualifies for Section 80C tax deduction. Investing up to ₹1.5L per year in ELSS reduces your taxable income by ₹1.5L. Tax saved = ₹1.5L × your tax slab rate. At 30% slab: ₹1.5L × 30% = ₹45,000 + 4% cess = ₹46,800 tax saved annually. At 20% slab: ₹31,200 tax saved.
What is the lock-in period of ELSS?▼
ELSS has a mandatory 3-year lock-in per SIP installment (shortest among all 80C options). Each SIP payment locks in for 3 years from that payment date. For example, your January 2024 SIP unlocks in January 2027, February 2024 SIP unlocks in February 2027, and so on. After lock-in, you can redeem or continue investing — no penalty either way.
Are ELSS returns taxable?▼
Yes, but minimally. ELSS gains are taxed as Long-Term Capital Gains (LTCG) at 10% — but only on gains above ₹1 lakh per year. So if your annual ELSS redemption gain is under ₹1L, zero tax. Even above ₹1L, the effective post-tax returns still far exceed PPF (7.1%), NSC (7.7%), and Tax Saver FDs (7–7.5%) for 30% slab investors.
Can I start ELSS SIP with ₹500/month?▼
Yes! Most ELSS funds accept SIP starting from ₹500/month. However, to fully utilize the ₹1.5L 80C limit, you need ₹12,500/month. Many investors start with a smaller amount and increase gradually. Popular platforms for ELSS SIP: Groww, Zerodha Coin, Paytm Money, HDFC Sky, and directly on AMC websites (direct plans preferred).
💸

Start Tax-Saving ELSS SIP – Get Free Fund Advice

Our advisors help you choose the best ELSS fund for your risk profile. Free guidance, zero obligation.

🔒 Private. No spam.

Ad
📢 320×50 AdSense