ELSS Calculator
Project your ELSS mutual fund SIP returns and see how much tax you save under Section 80C — with just a 3-year lock-in, the shortest among tax-saving instruments.
Maturity Value
after 10 years at 12% expected return
| Year | Invested | Value |
|---|---|---|
| Year 1 | ₹1,50,000 | ₹1,60,117 |
| Year 2 | ₹3,00,000 | ₹3,40,540 |
| Year 3 | ₹4,50,000 | ₹5,43,846 |
| Year 4 | ₹6,00,000 | ₹7,72,935 |
| Year 5 | ₹7,50,000 | ₹10,31,080 |
| Year 6 | ₹9,00,000 | ₹13,21,963 |
| Year 7 | ₹10,50,000 | ₹16,49,737 |
| Year 8 | ₹12,00,000 | ₹20,19,082 |
| Year 9 | ₹13,50,000 | ₹24,35,269 |
| Year 10 | ₹15,00,000 | ₹29,04,238 |
ELSS is the only 80C option with just a 3-year lock-in — shortest among tax-saving instruments. Returns are market-linked (equity), so unlike PPF/NSC they aren't guaranteed. Gains above ₹1.25L/year are taxed at 12.5% (LTCG) when withdrawn, only available under the old tax regime.
Frequently Asked Questions
What is ELSS and how is it different from other 80C options?
ELSS (Equity Linked Savings Scheme) is a mutual fund that invests in equities and qualifies for Section 80C deduction. Unlike PPF (15-year lock-in) or NSC (5-year lock-in), ELSS has just a 3-year lock-in — the shortest of any 80C instrument.
Are ELSS returns guaranteed?
No. ELSS invests in the stock market, so returns are market-linked and not guaranteed, unlike PPF, NSC, or FDs. Historically, well-managed ELSS funds have delivered 12-15% annualized returns over long periods, but this isn't assured.
How is ELSS taxed at withdrawal?
Gains are treated as Long-Term Capital Gains (LTCG) since the minimum holding period exceeds 1 year. LTCG above ₹1.25 lakh in a financial year is taxed at 12.5%, with no indexation benefit (per the current LTCG rules).
Can I claim ELSS deduction under the new tax regime?
No. Section 80C deductions, including ELSS, are only available under the old tax regime. If you've opted for the new regime, ELSS still works as an investment, but you won't get the tax deduction.