ELSS Calculator
Updated July 2026
Equity Linked Savings Schemes carry a three-year lock-in — the shortest of any Section 123 option — and are equity-linked, so returns are market-driven rather than fixed.
ELSS Calculator
Frequently Asked Questions
What is the ELSS lock-in period?
Three years from each instalment's date. Via SIP, every instalment locks in separately for three years.
How much tax can ELSS save?
Up to ₹1,50,000 invested qualifies under Section 123 (formerly 80C). At the 30% slab that is up to ₹46,800 including cess.
Are ELSS gains taxable?
Yes. Long-term capital gains above the annual exemption are taxable at the prevailing LTCG rate.