ELSS Tax-Saving SIP Calculator
Double your financial advantage! Save income tax under Section 80C while building equity wealth with the shortest 3-year lock-in period among all tax-saving instruments in India.
ELSS SIP Inputs
Live CalculationNote: ELSS has a mandatory minimum 3-year lock-in period.
Guaranteed Income Tax Savings
Direct cash kept in your pocket thanks to Section 80C.
Invested ₹7.5L minus ₹2.3L tax saved
Includes ₹2.8L market capital gains
Corpus + Cumulative Tax Savings
Portfolio Growth & Mandatory 3-Year Lock-In Overlay
Visualizing portfolio trajectory with the mandatory initial 3-year ELSS lock-in window
ELSS & Section 80C Tax-Saving Guide
Essential rules, lock-in details, and tax optimization tips for Indian taxpayers
What is an ELSS (Equity Linked Savings Scheme) Mutual Fund?
ELSS is a specialized category of open-ended equity mutual funds in India that qualifies for tax deduction under Section 80C of the Income Tax Act up to ₹1.5 Lakh per financial year. It invests predominantly in equities and has the shortest lock-in period among all 80C options.
How does the 3-Year Lock-In Period work for ELSS SIPs?
Unlike lump-sum investments where all units unlock together after 3 years, EACH individual monthly SIP installment in an ELSS has its own independent 3-year lock-in period. For example, the SIP unit bought in Jan 2026 unlocks in Jan 2029, while the unit bought in Feb 2026 unlocks in Feb 2029.
Why is ELSS superior to PPF, NPS, or Tax-Saving FDs?
ELSS offers three major advantages: 1) Shortest lock-in period (3 years vs 5 years for FDs, 15 years for PPF), 2) High long-term wealth creation potential from equity markets (typically 12-15% historical returns), and 3) Instant tax relief up to ₹46,800 annually at the 30% slab.
How are ELSS returns taxed upon redemption?
Redemptions from ELSS funds are classified as Long-Term Capital Gains (LTCG). Long-term capital gains up to ₹1.25 Lakh per financial year across all equity investments are completely TAX-FREE. Gains exceeding ₹1.25 Lakh are taxed at a flat rate of 12.5% (without indexation).
Calculate Inflation-Adjusted Real Returns
Deduct 12.5% LTCG capital gains tax, expense ratios, and Indian inflation to see your exact real purchasing power on our main calculator!