Tax-saving fund returns + 80C benefit. The ELSS Calculator takes amount invested this year (up to ₹1.5 lakh for 80c), expected annual return, holding period (3-year lock-in minimum), your marginal tax rate and returns estimated value at the end plus tax saved under 80c (with cess), effective cost after the tax saving, return on the effective cost. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Government-backed schemes publish their interest rates quarterly and market-linked funds do not guarantee returns. Enter the current rate for the scheme and treat market-return assumptions as scenarios rather than promises. Use the worked example below to check the maths against your own figures.
How the ELSS Calculator works
Equity-linked savings schemes are the only mutual funds eligible for the 80C deduction, with the shortest lock-in (three years). The tax saving lowers your effective cost, which raises the effective return.
Worked example
With the example values (amount invested this year (up to ₹1.5 lakh for 80c) of ₹150,000, expected annual return of 12%, holding period (3-year lock-in minimum) of 3 years, your marginal tax rate of 30%), the estimated value at the end is ₹210,739.20; tax saved under 80c (with cess) ₹46,800.00, effective cost after the tax saving ₹103,200.00, return on the effective cost 26.87%. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
Assumptions and limits: Old regime only for the 80C saving; long-term gains above ₹1.25 lakh a year are taxed at 12.5%.
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Frequently Asked Questions
How is estimated value at the end calculated?
value = amount × (1 + return)years; tax saved = min(amount, ₹1.5 lakh) × marginal rate × 1.04.
Which figures do I need?
Amount invested this year (up to ₹1.5 lakh for 80c), expected annual return, holding period (3-year lock-in minimum), your marginal tax rate. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Is the interest rate fixed?
Small-savings rates are reviewed by the government every quarter and bank rates change with policy; market-linked schemes have no fixed rate at all. Enter the current rate for your scheme and revisit the result when rates change.
What assumptions does this calculator make?
Old regime only for the 80C saving; long-term gains above ₹1.25 lakh a year are taxed at 12.5%.
