ELSS Calculator
Calculate returns on Equity Linked Savings Scheme investments with tax benefits under Section 80C
Calculate Your ELSS Returns
Choose between regular SIP or one-time lumpsum investment
Select what you want to calculate
Amount to invest at regular intervals
How often you'll make the investment
Expected annual return rate (typically 12-16% for ELSS)
Investment period (minimum 3 years lock-in for ELSS)
When you plan to start investing
ELSS Key Features
Lock-in Period
3 years (shortest among tax-saving options)
Tax Benefit
Up to ₹1.5 lakh deduction under Section 80C
Capital Gains Tax
10% tax on gains above ₹1 lakh per year
ELSS Investment Results
| Final Balance | ₹23,69,135 |
| Monthly Investment | ₹10,000 |
| Total Investment | ₹12,00,000 |
| Total Returns (Before Tax) | ₹11,69,135 |
| Tax Savings (Section 80C) | ₹45,000 |
| Taxable Capital Gains | ₹10,69,135 |
| Tax on Capital Gains (10%) | ₹1,06,913 |
| Net Returns (After Tax) | ₹10,62,221 |
| Number of Payments | 120 |
| End Date | August 29, 2035 |
Investment Performance
Expected CAGR
12.5%
Total Return %
97.4%
Effective Tax Rate
9.1%
Net Return Multiple
1.97x
Yearly Investment Breakdown
| Year | Investment | Balance | Returns |
|---|---|---|---|
| 2025 | ₹1,20,000 | ₹1,27,119 | ₹7,119 |
| 2026 | ₹2,40,000 | ₹2,71,071 | ₹31,071 |
| 2027 | ₹3,60,000 | ₹4,34,085 | ₹74,085 |
| 2028 | ₹4,80,000 | ₹6,18,684 | ₹1,38,684 |
| 2029 | ₹6,00,000 | ₹8,27,727 | ₹2,27,727 |
| 2030 | ₹7,20,000 | ₹10,64,451 | ₹3,44,451 |
| 2031 | ₹8,40,000 | ₹13,32,521 | ₹4,92,521 |
| 2032 | ₹9,60,000 | ₹16,36,088 | ₹6,76,088 |
| 2033 | ₹10,80,000 | ₹19,79,851 | ₹8,99,851 |
| 2034 | ₹12,00,000 | ₹23,69,135 | ₹11,69,135 |
Projected values based on expected return rate of 12.5%
ELSS Benefits
Shortest lock-in period (3 years) among tax-saving options
Tax deduction up to ₹1.5 lakh under Section 80C
Higher potential returns (12-16% annually)
Open to NRI investments
No upper investment limit
Tax Information
Section 80C Benefit
• Deduction up to ₹1.5 lakh
• Saves 30% tax (₹45,000 max)
• Available from first year
Capital Gains Tax
• First ₹1 lakh gains tax-free
• 10% tax on gains above ₹1 lakh
• Calculated per financial year
ELSS vs Other Tax-Saving Options
| Option | Lock-in | Returns |
|---|---|---|
| ELSS | 3 years | 12-16% |
| PPF | 15 years | 7.1% |
| Tax-saving FD | 5 years | 5-6% |
| NSC | 5 years | 6.8% |
Understanding ELSS (Equity Linked Savings Scheme)
What are ELSS Funds?
ELSS (Equity Linked Savings Scheme) are tax-saving mutual funds that primarily invest in equity and equity-related instruments. They offer the dual benefit of tax savings under Section 80C and potential for higher returns through equity market exposure.
Key Features
- •Lock-in Period: 3 years from each investment date
- •Tax Benefit: Deduction up to ₹1.5 lakh under Section 80C
- •Investment Options: SIP or Lumpsum
- •Market Risk: Returns subject to market fluctuations
How ELSS Calculator Works
SIP Formula:
FV = PMT × (((1 + r)^n - 1) / r)
FV = Future Value
PMT = Periodic Payment
r = Periodic Interest Rate
n = Number of Payments
Lumpsum Formula:
FV = PV × (1 + r)^n
FV = Future Value
PV = Present Value (Investment)
r = Monthly Return Rate
n = Number of Months
Tax Calculations
Section 80C Savings: Investment × Tax Rate (30%)
Capital Gains Tax: (Gains - ₹1 lakh) × 10%
Net Returns: Total Returns - Capital Gains Tax