Calculate ELSS tax-saving mutual fund returns with Section 80C benefits. SIP or lumpsum mode with 3-year lock-in. Free ELSS calculator for India.
Step-by-step guide to get the most from this tool
Select investment mode based on your tax planning approach.
Set monthly SIP or lumpsum amount, expected return, and investment period (min 3 years).
Choose your income tax slab to estimate 80C tax savings.
See maturity value, gains, 80C deduction, and year-wise growth chart.
What makes this tool stand out
Estimate deduction and tax saved at your slab.
Both investment modes supported.
Minimum tenure enforced per ELSS rules.
Year-wise invested vs portfolio value.
Estimate maturity with equity returns.
Section 80C limits and LTCG rules.
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Quick answers to common questions
Equity Linked Savings Scheme (ELSS) is a tax-saving mutual fund with a mandatory 3-year lock-in. Investments qualify for Section 80C deduction up to ₹1.5 lakh per financial year.
You can deduct up to ₹1.5 lakh under Section 80C. At 30% tax slab, that saves ₹46,800/year (including cess). At 20% slab, savings are ₹31,200/year.
ELSS has a mandatory 3-year lock-in from the date of each investment. SIP installments each have their own 3-year lock-in from their respective investment dates.
Long-term capital gains above ₹1.25 lakh per year are taxed at 12.5% (as per FY 2024-25 rules). Gains up to ₹1.25 lakh are tax-free. Dividends are taxed at slab rate.
ELSS offers higher return potential (equity markets) with 3-year lock-in. PPF is risk-free with 15-year lock-in and fully tax-free returns. ELSS suits investors with higher risk appetite.
Both qualify for 80C. ELSS has 3-year lock-in vs 5 years for tax-saver FD. ELSS returns are market-linked (potentially higher) while FD returns are fixed and interest is taxable.
SIP averages out market volatility through rupee cost averaging. Lumpsum before March 31 maximizes 80C benefit for that financial year. Both modes are supported in our calculator.
ELSS funds invest primarily in equities. Historical long-term returns are 11–14% p.a., but returns vary significantly year to year. Use 12% as a moderate estimate.
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ELSS (Equity Linked Savings Scheme) qualifies for Section 80C deduction up to ₹1.5 lakh/year with a mandatory 3-year lock-in. Returns are market-linked and LTCG above ₹1.25L is taxed at 12.5%.