Calculate your ELSS

ELSS Calculator

An ELSS calculator is a free online tool that lets you estimate potential returns and maturity amounts from your SIP or lump sum investments in Equity Linked Saving Schemes.

SIP
Lumpsum

Monthly investment

₹

₹ 100 ₹ 1,00,00,000

Expected return rate (p.a)

1% 30%

Time period

1yr 40yr

Suggested Strategy

Total investment

₹60,00,000

Interest earned

₹1,78,15,648

If you invest ₹ 2,500 per month, in 5 years you will get

Future Value

₹ 2,38,15,648

Invest now

My investment

₹

₹ 100 ₹ 1,00,00,000

Expected return rate (p.a)

3% 24%

Time period

1yr 40yr

Suggested Strategy

Total investment

₹ 1,00,000

Interest earned

₹ 76,234

If you invest ₹ 1,00,000 per year today, in 5 years you will get

Future Value

₹ 1,76,234

Invest now

What is the ELSS Calculator?

An ELSS (Equity Linked Savings Scheme) Calculator is a tool that helps you estimate the future value of your ELSS investments.
It calculates how your contributions grow over time by factoring in the expected rate of return and investment tenure.
The calculator also shows the tax savings you gain under Section 80C of the Income Tax Act.

How can ELSS Calculator help you?

Project the future value of your ELSS investments based on your inputs.
You can calculate your tax savings.
Plan Investment Goals – Align your ELSS contributions with your financial targets.
You can compare scenarios and test different investment amounts and durations to optimize returns.

How to Calculate using the ELSS Calculator?

1. Enter the investment amount

2. Input the expected annual return rate

3. Choose the investment duration (minimum 3 years due to lock-in).

4. You can check the total amount and returns.

Example of ELSS Funds Calculator

Let’s take an example using the following details:

Investment Type: Monthly SIP
Monthly Investment Amount: ₹5,000
Investment Period: 5 years
Expected Annual Return: 12%
Tax Benefit under Section 80C: Up to ₹1.5 lakh/year

Using an ELSS calculator:

Total Investment: ₹5,000 × 12 × 5 = ₹3,00,000
Estimated Maturity Value: ₹4,00,073 (approx.)
Estimated Returns Earned: ₹1,00,073

Tax Savings: Up to ₹1.5 lakh (depending on your total 80C investments)

How to use Tata Moneyfy's ELSS Calculator?

1. Choose either Monthly SIP or Lump Sum as your investment type

2. Input Amount

For SIP: enter your monthly contribution (e.g., ₹5,000).
For Lump Sum: enter the one-time investment amount.

3. Enter your anticipated annual return rate (e.g., 12%).

4. Select the investment duration

5. You can see the calculation of total amount invested and estimated returns

Advantages of ELSS Return Calculator

It helps you to project Investment Growth
Calculates tax benefits under Section 80C for better financial planning.
Visualizes the impact of the mandatory 3-year lock-in on returns.
You can try different scenarios and try out combinations.

FAQs on ELSS Calculator

view all

Does the ELSS calculator consider the market conditions?

No, the ELSS calculator uses a fixed expected return rate based on historical averages.

Is it risky to invest in ELSS?

Yes, ELSS invests primarily in equities, so it carries market risks.

What are the benefits of investing in ELSS?

ELSS offers tax savings under Section 80C, potential for higher returns compared to traditional tax-saving instruments, and a short lock-in period of 3 years.