Result
Corpus after tax
₹2,737,937
- Total invested₹1,500,000
- Gross corpus (before tax)₹2,904,238
- Capital gain₹1,404,238
- LTCG tax @ 12.5% (post ₹1.25L exemption)−₹166,301
- 80C tax saved (over holding period)30% slab × ₹150,000/yr × 10 yr₹450,000
- Effective net wealthCorpus + tax saved over holding period₹3,187,937
How to use this calculator
- Choose SIP (monthly) or lump-sum mode.
- Enter monthly SIP or lump-sum amount.
- Enter expected annual return (12% is category average).
- Enter horizon (min 3 years due to lock-in).
- Choose your tax slab for accurate 80C benefit calculation.
- Read net-of-tax corpus + total 80C tax saved.
About this tool
ELSS (Equity Linked Savings Scheme) is India's only mutual fund category eligible for Section 80C tax deduction — up to ₹1,50,000/year deduction reduces your taxable income. Lock-in is just 3 years, the shortest among 80C options (PPF 15 yrs, EPF till retirement, NSC 5 yrs). Being equity-based, historical returns average 12-14% CAGR long-term, though with volatility. Gains above ₹1.25 lakh/year are taxed as LTCG at 12.5% (post-July 2024 rules). Available only under the OLD tax regime — the new regime (default from FY 2023-24) does NOT allow 80C deduction.
Frequently asked
3 years from each investment date. For SIPs, EACH monthly instalment has its own 3-year lock-in — so a January 2026 SIP unlocks January 2029, February 2026 unlocks February 2029, and so on. This is shorter than any other 80C option.
Related calculators
PPF Calculator
Public Provident Fund maturity value — annual contribution, interest rate (Government of India), 15-year lock-in.
LTCG Tax Calculator (India)
Long-Term Capital Gains tax under Section 112A/112 — equity, mutual funds, property. Uses post-July 2024 India rules (12.5% for equity, 20% with indexation for property).