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ELSS Tax Saver SIP Calculator

Calculate ELSS (Equity Linked Savings Scheme) SIP returns with tax saving benefits. Shortest lock-in among Section 80C investments.

EMI

Compound Interest

ELSS (Equity Linked Savings Scheme) funds are tax-saving mutual funds with a 3-year lock-in period — the shortest among all Section 80C investments. You can claim up to 1,50,000 deduction per year under Section 80C while potentially earning 12-15% returns.

Tips for ELSS Tax Saver SIP

ELSS has the shortest lock-in (3 years) compared to PPF (15 years) or FD (5 years)

Maximum Section 80C deduction: 1,50,000 per year — a monthly SIP of 12,500 maximizes this

ELSS returns are market-linked and historically beat PPF and tax-saving FD returns

Frequently Asked Questions

Is ELSS better than PPF for tax saving?

ELSS has higher return potential (12-15% vs PPF's 7-8%) and shorter lock-in (3 years vs 15 years). However, PPF offers guaranteed returns with zero risk. Ideally, split your 80C investment between both.

Last updated: April 2026

Data sources: Standard financial formulas

For informational purposes only. Not financial, medical, or legal advice. Always consult a qualified professional for decisions affecting your finances or health.

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