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ELSS Calculator

ELSS Calculator

See what a monthly investment in an ELSS fund could grow to over its holding period.

Monthly investment

₹

Expected return rate (p.a.)

%

An assumption you choose — not a rate FINWEL sets or predicts.

Holding period

Yr

ELSS has a statutory three-year lock-in, so the period cannot be set below it.

Invested amount

₹7,50,000

Est. returns

₹2,70,871

Total value

₹10,20,871

Total

₹10,20,871

Invested

₹7,50,000

Est. returns

₹2,70,871

₹12,500 a month into an ELSS fund for 5 years at an assumed 12% a year could grow to ₹10,20,871, of which ₹2,70,871 would be growth.

Projected value

₹10,20,871

Invested

₹7,50,000

Instalments are assumed at the end of each month.

About this illustration

These figures are an illustration, not a forecast. They assume the return rate you entered holds steady for the whole period — real returns move, and can be negative. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. FINWEL does not guarantee any return. FINWEL is an AMFI-registered mutual fund distributor, ARN-192326.

About the lock-in and the tax deduction

Each ELSS instalment is locked in for three years from the date of that instalment, not from the date you started. A SIP is therefore not fully redeemable until three years after its last instalment.

This page does not calculate tax saved, and that is deliberate. The section 80C deduction that makes ELSS a tax-saving investment is available only under the Old Regime. It does not exist under the New Regime, which is the default. Whether the deduction is worth anything to you depends on which regime you file under — so a single "tax saved" figure would be wrong for most readers rather than merely imprecise.