ELSS Calculator - Tax Saving Mutual Fund Returns
Calculate ELSS mutual fund returns and tax savings under Section 80C. Plan your tax-saving SIP with our free ELSS calculator.
Calculate ELSS
Monthly ELSS SIP amount (max ₹12,500/month for full 80C)
Minimum 3 years lock-in
Historical ELSS returns: 12-18% CAGR
Maturity Value
₹32,76,142
Total Invested
₹15,00,000
Total Returns
₹17,76,142
Total Tax Saved (80C)
₹4,68,000
Breakdown
How to Use This ELSS Calculator
Using our ELSS Calculator is simple and takes just a few seconds. Enter your values using the sliders or input fields above, and the results will update instantly — no need to click a calculate button.
All calculations are performed in your browser using standard financial formulas. Your data is never stored or transmitted to any server, ensuring complete privacy.
The results shown are estimates based on the inputs you provide. For precise figures, consult with your bank or financial advisor. Use this tool for quick comparisons, planning, and understanding how different variables affect your financial outcomes.
Formula & Explanation
ELSS Returns = Monthly SIP × [(1+r)^n - 1] / r × (1+r)ELSS returns are calculated using the SIP compound interest formula. Tax savings = Annual investment (max ₹1.5L) × your tax slab rate. LTCG tax of 10% applies on gains exceeding ₹1 lakh per year after the 3-year lock-in.
Calculation Examples
Full 80C via ELSS
₹12,500/month SIP at 14% for 10 years
Maturity: ₹32.8 Lakh | Tax Saved: ₹4.68 Lakh
Long-term ELSS
₹5,000/month SIP at 14% for 20 years
Maturity: ₹52.6 Lakh | Invested: ₹12 Lakh
Benefits
- Calculate tax savings under 80C
- Shortest lock-in tax saver
- Compare with PPF/FD returns
- Plan SIP for wealth + tax saving
- Understand LTCG impact
Use Cases
- Tax planning under Section 80C
- Wealth creation with tax benefits
- ELSS vs PPF comparison
- Annual investment planning
- SIP goal setting
About ELSS Calculator
Our ELSS Calculator helps you estimate returns from Equity Linked Savings Scheme investments while showing tax savings under Section 80C. ELSS has the shortest lock-in (3 years) among all 80C options and offers equity market returns with tax benefits.
Frequently Asked Questions
ELSS has a 3-year lock-in period — the shortest among all Section 80C tax-saving investments. Each SIP installment has its own 3-year lock-in from the date of investment.
You can save up to ₹46,800 per year (₹1.5 lakh × 31.2% tax rate including cess) by investing in ELSS under Section 80C. The actual savings depend on your income tax slab.
ELSS offers higher potential returns (12-18% historically) with shorter lock-in (3 years vs 15 years for PPF). However, ELSS carries market risk while PPF gives guaranteed 7.1% returns. Many investors use both.
Yes, ELSS gains exceeding ₹1 lakh per financial year attract 10% LTCG tax (Long Term Capital Gains). Gains up to ₹1 lakh per year are tax-free. This is still more tax-efficient than FDs or debt funds.