Unlock the full ₹1.5 Lakh tax benefit & build wealth. No more last-minute scrambles! Learn how to calculate your ideal ELSS investment plan.
Section 80C lets you reduce taxable income by up to ₹1.5 Lakh. ELSS (Equity Linked Savings Scheme) is a top choice – it's an equity fund with a short 3-year lock-in.
The ₹1.5 Lakh 80C limit is for ALL deductions. First, sum up your existing investments (EPF, home loan principal, tuition fees). Then, subtract from ₹1.5 Lakh.
Rahul's existing 80C deductions total ₹133,000. To hit the full ₹1.5 Lakh limit, he needs to invest ₹17,000 more in ELSS. Easy math for max benefit!
Don't wait! Use a Systematic Investment Plan (SIP). It helps average out your purchase cost (rupee cost averaging), promotes discipline, and fits your monthly budget easily.
ELSS is an equity fund, not just a tax tool. It invests in stocks, aiming for substantial long-term returns that can beat inflation and build significant wealth for your future.
Ready to save tax & build wealth? Use our SIP Plan & Goal-based calculators to find your perfect investment strategy. Visit sipplancalculator.in now!