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ELSS Tax Calculator
Calculate ELSS returns with tax savings under 80C and compare with Fixed Deposits
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โน1,50,000
10K1.5L
14%
7%
Tax Saved Under Section 80C
โน46,800
At 30% bracket + 4% cess
ELSS Returns (3-Year Lock-in)
Maturity
โน2,22,232
Gain
โน72,232
LTCG Tax
โน0
Post-Tax
โน2,22,232
Effective Returns (After Tax Benefit)
Effective Cost
โน1,03,200
Investment - Tax Saved
Effective Return
115.3%
Total over 3 years
Effective CAGR
29.1%
Annualized
ELSS vs FD Comparison (3 Years)
| Parameter | ELSS | FD |
|---|---|---|
| Investment | โน1,50,000 | โน1,50,000 |
| Maturity (Pre-Tax) | โน2,22,232 | โน1,84,716 |
| Tax on Returns | โน0 | โน10,415 |
| Post-Tax Value | โน2,22,232 | โน1,74,301 |
| Tax Saved (80C) | โน46,800 | - |
| Net Benefit | โน2,69,032 | โน1,74,301 |
ELSS Advantages
- โ Shortest lock-in among 80C instruments (3 years vs 5 years for FD)
- โ Tax deduction up to Rs 1.5 lakh under Section 80C
- โ Equity exposure with potential for higher returns
- โ LTCG above Rs 1 lakh taxed at only 10% (vs slab rate for FD)
- โ SIP option available for disciplined monthly investing
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About ELSS Tax Calculator
ELSS Tax Calculator is a free online tool available on SabTools.in. Calculate ELSS returns with tax savings under 80C and compare with Fixed Deposits. This tool is completely free to use, requires no signup, and works instantly in your browser. Your data stays private as all calculations happen on your device.
How to use ELSS Tax Calculator?
- Enter the required values in the input fields above
- The results will be calculated automatically in real-time
- You can copy or share the results as needed
Why use SabTools.in?
- 100% free โ no signup, no limits, no hidden fees
- Lightning fast โ runs instantly in your browser
- Privacy first โ your data never leaves your device
- Mobile friendly โ works on any phone, tablet or computer
- Made for India โ Indian number formats, GST, EMI & more
Frequently Asked Questions
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