ELSS Tax-Saving SIP Calculator: Section 80C Returns & Lock-in Tool
Calculate equity mutual fund growth and exact income tax savings (up to ₹46,800/yr) under Section 80C. Visualizes the 3-year lock-in timeline.
ELSS SIP Inputs
Live CalculationNote: ELSS has a mandatory minimum 3-year lock-in period.
Guaranteed Income Tax Savings
Direct cash kept in your pocket thanks to Section 80C.
Invested ₹7.5L minus ₹2.3L tax saved
Includes ₹2.8L market capital gains
Corpus + Cumulative Tax Savings
Portfolio Growth & Mandatory 3-Year Lock-In Overlay
Visualizing portfolio trajectory with the mandatory initial 3-year ELSS lock-in window
ELSS & Section 80C Tax-Saving Guide
Essential rules, lock-in details, and tax optimization tips for Indian taxpayers
What is the maximum tax deduction under Section 80C for ELSS?
Under Section 80C of the Income Tax Act, you can claim a tax deduction of up to ₹1,50,000 per financial year by investing in ELSS mutual funds, saving up to ₹46,800 in taxes at the 30% tax slab rate (including 4% cess).
How does the 3-year lock-in period work for ELSS SIP?
Each individual monthly SIP installment in an ELSS fund has its own 3-year lock-in period starting from its respective allotment date. Units cannot be redeemed or switched before completing 36 months from purchase.
Why is ELSS superior to PPF, NPS, or Tax-Saving FDs?
ELSS offers three major advantages: 1) Shortest lock-in period (3 years vs 5 years for FDs, 15 years for PPF), 2) High long-term wealth creation potential from equity markets (typically 12-15% historical returns), and 3) Instant tax relief up to ₹46,800 annually at the 30% slab.
How are ELSS returns taxed upon redemption?
Gains from ELSS mutual funds redeemed after the 3-year lock-in are taxed as Long-Term Capital Gains (LTCG) at 12.5% on gains exceeding ₹1.25 Lakh per financial year (per Union Budget 2024).
Calculate Inflation-Adjusted Real Returns
Deduct 12.5% LTCG capital gains tax, expense ratios, and Indian inflation to see your exact real purchasing power on our main calculator!
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ELSS Tax-Saving SIP Calculator
Calculate Section 80C income tax savings up to ₹46,800/year, net out-of-pocket investments, and track the rolling 3-year lock-in schedule.