ELSS is an Equity Linked Savings Scheme (mutual fund) for 80C. It offers tax benefits & market-linked growth with the shortest 3-year lock-in among 80C options.
Section 80C allows a ₹1.5 lakh deduction. Your actual tax saved (up to ₹46,800) depends on your tax slab (e.g., 20% or 30%), reducing your taxable income.
ELSS invests in equities for long-term growth. SIPs leverage compounding. The 3-year lock-in promotes discipline, helping your money work harder for genuine wealth creation.
Don't invest last-minute. Research funds beyond hype. It's equity, not an FD. And don't withdraw right after 3 years – let it grow!
Invest via SIP for averaging. Lock-in is 3 years. Returns over ₹1 lakh attract 10% LTCG tax. Choose funds based on consistent long-term performance & risk.
Plan your ELSS investments now! Use our SIP Calculator and Step-Up SIP Calculator at sipplancalculator.in to project your wealth growth. Start today!