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Tax Saving Calculator

ELSS Calculator

Calculate tax savings under Section 80C with ELSS mutual funds. Get returns while saving tax with the shortest lock-in period.

₹
₹500₹1L
Yr
3 Years (min lock-in)30 Years
%
1%30%
₹
₹3L₹50L

Your Tax Slab (New Regime)

15%

Based on annual income of ₹12.00 L

Total Tax Saved Over 10 Years

₹2.25 L

₹22,500 saved every year under Section 80C

Maturity Value After 10 Years

₹29.04 L

94% Returns

Invested

₹15.00 L

Returns

₹14.04 L

Tax Saved

₹2.25 L

Why Invest in ELSS?

Tax Benefits

Save up to ₹46,800 in taxes annually (₹1.5L × 30% + 4% cess) under Section 80C of the Income Tax Act.

Shortest Lock-in

Only 3 years lock-in period - the shortest among all 80C investments like PPF (15 years) or NSC (5 years).

Higher Returns Potential

ELSS funds invest primarily in equities, historically delivering higher returns than traditional tax-saving instruments.

Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance is not indicative of future returns.

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