ELSS Calculator: Estimate returns & tax savings under Section 80C | What is ELSS? Are ELSS returns taxable?
Plan your tax-saving investments with Equity Linked Savings Scheme (ELSS) — SIP & Lumpsum
ELSS investments qualify for tax deduction up to ₹1.5 lakh per year. Maximum tax saving up to ₹46,800 (including cess). Lock-in period: 3 years (shortest among 80C options). Is ELSS tax free? Gains up to ₹1 lakh per year are tax-free; above that LTCG @10%.
An ELSS calculator is a free online financial tool that helps investors estimate potential returns, maturity value, and tax savings from Equity-Linked Savings Schemes. It applies compound interest formula: FV = P × (1 + r)^t (lumpsum) or SIP formula for monthly investments.
You can claim deduction up to ₹1.5 lakh per financial year. Depending on your tax bracket (5% to 30%), you can save up to ₹46,800 annually (including cess).
For SIP: monthly amount, expected return (%), tenure (years). For lumpsum: one-time amount, return %, tenure. Minimum lock-in is 3 years.
ELSS funds have a mandatory lock-in period of 3 years — the shortest among all Section 80C tax-saving options. You cannot withdraw before 3 years.
Yes. Our calculator lets you choose between monthly SIP and one-time lumpsum, showing projected returns for both scenarios.
The results are estimates based on your inputs. Actual returns may vary due to market conditions, but it provides a reliable projection for financial planning.
ELSS is treated like equity mutual funds. Long-term capital gains (LTCG) up to ₹1 lakh per year are tax-free. Gains exceeding ₹1 lakh are taxed at 10% without indexation.
Through SIP route, you can start with as low as ₹500 per month. For lumpsum, minimum is typically ₹500 or ₹1,000 depending on the fund house.
Enter your goal amount, expected return, and time horizon. The calculator will show required monthly SIP or lumpsum needed. Adjust inputs to see different scenarios.
It saves time, automates complex calculations, helps compare scenarios, estimates tax savings under 80C, and enables goal-aligned decisions without manual effort.
ELSS (Equity Linked Savings Scheme) is a tax-saving mutual fund that invests primarily in equities. It offers potential for higher returns along with tax deduction under Section 80C.
No, but gains up to ₹1 lakh per financial year are tax-free. Above ₹1 lakh, LTCG tax @10% applies. The investment amount qualifies for 80C deduction.
Download the Sanchay Karo app to invest in best ELSS funds, track tax savings, and build wealth with goal-based planning.
Invest in ELSS, track tax benefits, SIP calculator, goal planner — all in one app.
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
The Registered name: PALLAB ROUTH | AMFI Registered Mutual Fund Distributor | ARN – 301757 | EUIN : E572917 |Date of Registration: 22-07-2024 | Current validity: 15-07-2027
Copyright © 2024-2026 Sanchay Karo , All Rights Reserved.🇮🇳 Made with ❤️ in India (MSME- UDYAM-WB-12-0123391)
