ELSS calculator

Default result

Investing ₹1,50,000 in ELSS saves about ₹46,800 in tax this year (30% slab + 4% cess). Held for 7 years it could also grow to around ₹3.32 L.

Year-wise table

Computed from the same engine as the calculator above, using the default inputs. Figures are illustrations, not guarantees.

ELSS SIP lock-in unlock schedule

Each SIP instalment in an ELSS fund unlocks three years after that instalment’s allotment date. A lumpsum unlocks as one block after three years.

How to use this calculator

1. Enter how much you invest this year and your old-regime tax slab.
2. Choose holding years and expected return.
3. Read tax saved, projected value, and the lock-in unlock schedule for SIP-style instalments.

Formula and worked example

Tax saved = 80C-eligible amount (capped at ₹1.5 lakh) × your marginal slab rate × 1.04 for health & education cess. Projected value uses lumpsum compounding at the expected return. Assumes the old tax regime, under which 80C applies.

Tax saved this year = min(investment, ₹1,50,000) × slab rate × 1.04
  the 1.04 is the 4% health & education cess
Projected value = investment × (1 + r)^years

Worked example. ₹1,50,000 · 30% slab · 7 years · 12% → tax saved ₹46,800; value at 7 years ₹3.32 L.

Examples

Common Indian retail queries. Outputs are generated from lib/finance.js at build time.

Assumptions and limits

• Old tax regime — Section 80C does not apply under the new regime.
• Ignores surcharge (applies above ₹50 L income).
• 3-year lock-in. Long-term gains above ₹1.25 L a year are taxed at 12.5%; the value shown is pre-tax.
• Section 80C tax benefit applies only under the old tax regime.
• 80C cap ₹1.5 lakh and cess 4% used in the tax-saved line.
• 3-year lock-in per instalment for SIP units; projected value is pre-LTCG tax.
• Surcharge above high incomes is ignored.

Results are illustrations. Actual outcomes depend on markets, interest rates, taxes and charges, none of which are guaranteed.

ELSS mutual fund calculator

ELSS funds combine equity mutual fund growth with a Section 80C deduction under the old regime. Enter this year’s investment, your slab and a hold period to see tax saved plus a projected value. At ₹1.5 lakh, 30% slab and 12% for 7 years, tax saved is about ₹46,800 and projected value about ₹3.32 lakh. That growth line is market-linked and pre-LTCG. New-regime taxpayers should treat the tax-saved figure as zero for planning. Write the elss tax saving inputs you trust into your annual review note so next year’s rerun of “ELSS mutual fund calculator” starts from recorded figures.

ELSS SIP calculator

ELSS SIPs lock each instalment for three years from its own allotment date, which is why the unlock schedule on this page is staggered. Modelling ₹1.5 lakh a year as a lumpsum proxy still shows about ₹46,800 tax saved at a 30% slab with cess. For true SIP cash flows, divide the annual 80C budget across months and remember the last instalments unlock later. Do not invest money you may need inside three years. When household opinions differ on risk for elss tax saving under “ELSS SIP calculator”, fund the more conservative case first and treat any extra debit as optional top-ups.

ELSS return calculator

Return in an ELSS calculator is an assumption, not the fund’s trailing CAGR. The default projection grows ₹1.5 lakh to about ₹3.32 lakh over 7 years at 12%. Compare that with PPF’s notified rate only after adjusting for lock-in and equity risk. Past category returns can inform a range; they do not entitle you to type 18% and call it conservative. Recalculate yearly as your slab and 80C headroom change. If the elss tax saving instalment for “ELSS return calculator” looks unaffordable, cut the target or add years before you inflate the assumed return unrealistically.

ELSS tax saving calculator

Tax saving is the headline for many ELSS searches. Eligible amount is capped at ₹1.5 lakh; at a 30% slab plus 4% cess the sample saves about ₹46,800. If you already max 80C via EPF and PPF, extra ELSS buys equity exposure without extra deduction. Under the new regime the deduction disappears even though the fund remains an equity product—switch the mental model to pure investment, not tax. After you accept the “ELSS tax saving calculator” maths, update nominees and the bank mandate—process gaps undo an otherwise sound elss tax saving plan.

ELSS tax benefit calculator

Tax benefit here means the 80C deduction times your marginal rate with cess, not a rebate refunded as cash beyond your liability. The default 30% slab case shows roughly ₹46,800 on a full ₹1.5 lakh claim. Lower slabs save less; a 5% slab claim is a much smaller rupee benefit for the same lock-in. Always check remaining 80C room after EPF, life insurance premiums and home-loan principal. Recalculate the “ELSS tax benefit calculator” path after a job change, new loan or family addition rather than relying on last year’s elss tax saving screenshot.

ELSS investment calculator

Beyond tax, ELSS is simply an equity investment with a statutory lock-in. The investment calculator view emphasises projected value—about ₹3.32 lakh after 7 years at 12% on ₹1.5 lakh—alongside the tax line. Use it to decide whether ELSS or a flexible diversified equity fund fits goals beyond three years. Caution: lock-in does not remove market risk; it only removes the option to exit early. Point relatives to a mid-horizon row on the elss tax saving year-wise table when discussing “ELSS investment calculator”; a middle checkpoint persuades better than only the final corpus.

Frequently asked questions