Calculate ELSS mutual fund returns with SIP or lump sum. Best tax-saving option under 80C with shortest 3-year lock-in and equity upside. Tax saving up to ₹46,800.
Shortest Lock-In 3 Yrs₹1.5L 80C LimitLTCG 12.5% Over ₹1.25Lvs PPF vs FD
📈 ELSS Returns Calculator
Monthly SIP Amount
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Lump Sum Investment
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Investment Duration minimum 3 years (lock-in)
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Expected Annual Return 15-18% historical for top ELSS funds
ELSS (Equity Linked Savings Scheme) is a mutual fund category eligible for 80C deduction up to ₹1.5L. Key differences from PPF: (1) 3-year lock-in vs PPF's 15 years, (2) market-linked returns (historical 12-18%) vs PPF's fixed 7.1%, (3) LTCG tax on gains above ₹1.25L at 12.5% vs PPF's EEE status, (4) higher risk with equity exposure vs PPF's government-backed safety.
What is the LTCG tax on ELSS?+
ELSS held for 3+ years qualifies as Long Term Capital Gains. Under Union Budget 2024-25: LTCG above ₹1.25 lakh is taxed at 12.5% (without indexation). Gains up to ₹1.25L in a financial year are completely exempt. So even with LTCG, ELSS often beats FD post-tax due to higher gross returns.
Can I withdraw ELSS before 3 years?+
No. Each SIP installment has its own 3-year lock-in. For monthly SIP, the first installment can be withdrawn after 3 years, but the last installment can only be redeemed 3 years after that final payment. For lump sum, the entire amount unlocks after exactly 3 years from the investment date.
What returns can I expect from ELSS?+
Historical returns for top ELSS funds over 10 years: Axis Long Term Equity ~15%, Mirae Asset Tax Saver ~17%, Quant Tax Plan ~25%. Category average has been 12-15% over 10-15 year periods. However, past performance doesn't guarantee future returns — equity funds carry market risk.