ELSS Tax Saving Calculator
Calculate your ELSS corpus, total 80C tax saved, and net gains after LTCG tax โ the smartest Section 80C instrument.
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How this calculator works
ELSS (Equity Linked Savings Scheme) mutual funds offer the best combination of tax saving + wealth creation under Section 80C: investments up to โน1.5L are deductible, the lock-in is only 3 years (shortest among 80C options), and returns are equity-linked (12โ16% historically). Gains above โน1 lakh are taxed at 10% LTCG. Compare this to PPF (8.2%, 15-year lock-in) or NSC (7.7%, 5-year) โ ELSS wins on returns over long horizons despite tax on gains.
Corpus = Annual investment ร ((1+r)^n โ 1) / r ร (1+r) | Tax saved = Investment ร tax slab % | LTCG = 10% on gains above โน1 lakh
Last updated: March 2026 ยท Rates and slabs updated for FY 2025-26
3-year lock-in is per instalment
Each SIP instalment has its own 3-year lock-in. So in year 4, only year 1's instalments can be redeemed. Plan liquidity accordingly.
Outperforms PPF over 10+ years
ELSS historical CAGR of 12โ16% vs PPF's 7โ8% means ELSS corpus is typically 2โ3x larger over 15+ years, even after LTCG tax.
Don't redeem just because lock-in is over
The 3-year lock-in is a minimum, not a recommendation. Staying invested 7โ10 years smooths out volatility and maximises returns.
Frequently Asked Questions
Each SIP instalment has its own 3-year lock-in. So in year 4, only year 1's instalments can be redeemed. Plan liquidity accordingly.
ELSS historical CAGR of 12โ16% vs PPF's 7โ8% means ELSS corpus is typically 2โ3x larger over 15+ years, even after LTCG tax.
The 3-year lock-in is a minimum, not a recommendation. Staying invested 7โ10 years smooths out volatility and maximises returns.