ELSS Tax Saving Calculator
Calculate ELSS returns with 80C deduction and 3-year lock-in
Disclaimer
This calculator provides estimates for informational purposes only. Please consult a qualified tax advisor or accountant for accurate calculations and tax planning. Pathak Associates is not liable for any errors or decisions made based on this calculator.
ELSS Tax Saving Investment Guide
Calculate returns and tax savings from Equity Linked Savings Scheme.
Tax Savings
₹1.5L annual deduction under Section 80C
Equity Returns
Potential 12-18% returns from equity market exposure
Lower Lock-in
Only 3-year lock-in vs 15 years for PPF or NPS
Pro Tips
- Choose return assumption based on equity allocation
- Historical ELSS returns: 12-15% per annum over 5+ years
- Better for aggressive investors with lower tax bracket
- Partial withdrawal allowed after 3 years
Important Notes
• ELSS lock-in: 3 years (lowest among 80C schemes)
• Tax: 20% LTCG (or 10% without indexation benefit)
• Diversified funds reduce volatility vs pure stocks
• SIPs help reduce timing risk in equity investments
• Direct funds have lower expense ratios
Need expert help filing your taxes?
Our CA team at Pathak Associates is ready to assist you.