ELSS Calculator
🇮🇳 India Specific
Equity Linked Savings Scheme - Save Tax & Build Wealth
💰 Investment Details
₹
Minimum lock-in period: 3 years
Historical ELSS average: 10-15%
₹
💼 Tax Information
₹
₹
PPF, Life Insurance, NSC, etc.
🎯 ELSS Key Features
- Tax deduction up to ₹1.5 Lakh under Section 80C
- Shortest lock-in period (3 years) among tax-saving investments
- Potential for higher returns through equity exposure
- SIP and lumpsum investment options available
- Long-term capital gains tax: 10% above ₹1 Lakh (if held >1 year after lock-in)
- No tax on dividends in investor's hands
📊 Investment Results
💰
₹0
Total Investment
📈
₹0
Maturity Value
🎯
₹0
Capital Gains
💎
0%
Absolute Return
💸 Tax Benefits
Annual Tax Deduction (80C)
₹0
Tax Saved (Annual)
₹0
Total Tax Saved
₹0
LTCG Tax (on gains > ₹1L)
₹0
Net Tax Benefit
₹0
| Investment Option | Lock-in Period | Expected Return | Tax Benefit |
|---|---|---|---|
| ELSS | 3 years | 10-15% | ₹46,800 (31% tax) |
| PPF | 15 years | 7-8% | ₹46,800 (31% tax) |
| NSC | 5 years | 6-7% | ₹46,800 (31% tax) |
| Tax Saver FD | 5 years | 5-6% | ₹46,800 (31% tax) |
📋 Current Tax Slabs (FY 2024-25)
Old Regime:
- Up to ₹2.5L: Nil
- ₹2.5L - ₹5L: 5%
- ₹5L - ₹10L: 20%
- Above ₹10L: 30%
New Regime:
- Up to ₹3L: Nil
- ₹3L - ₹6L: 5%
- ₹6L - ₹9L: 10%
- ₹9L - ₹12L: 15%
- ₹12L - ₹15L: 20%
- Above ₹15L: 30%