🌱 ELSS Tax Saving Calculator
Equity-Linked Savings Scheme — 80C tax saving + wealth growth. 3-year lockin. Old regime me hi tax benefit.
TAX SAVED (80C)
₹31,200
From ₹1.5L investment
FUTURE VALUE (5y)
₹2,64,351
Gain: +₹1,14,351
EFFECTIVE RETURN
75.3%
After LTCG (₹1,435)
💡 Year-1 Combined Benefit
💵 Your ELSS investment: ₹1,50,000
💸 Income tax saved: ₹31,200
📊 Effective cost of investment: ₹1,18,800
After 5 years: ₹2,62,916 (₹1,44,116 net profit including tax savings)
📚 ELSS Quick Facts
- ✅ Tax deduction u/s 80C up to ₹1.5 lakh (Old regime only)
- ✅ Lockin: 3 years (shortest among 80C options)
- ✅ Equity-linked — historically 12-15% long-term returns
- ⚠️ LTCG @ 10% on gains above ₹1 lakh per year (after 1y holding)
- ⚠️ Market-linked — returns not guaranteed
- ⚠️ Not beneficial under New Tax Regime (no 80C deduction)
- 💡 Better than PPF/NSC for higher tax-bracket investors