ELSS Calculator - Save Tax with the help of ELSS funds

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Filing taxes can be tricky, especially with two different options: the old and new tax regimes.
While both offer different rules and deductions, there's an important note for business owners and professionals: if you choose the old regime, that's a one-time, permanent decision (unless you stop having business/professional income).
To simplify things, our income tax calculator is here to help! It's a free and easy tool that estimates your base tax (excluding surcharge & cess) and lets you compare the tax rates of both regimes side-by-side. Want to make smart financial decisions? Learn how our calculator works and see how it can make tax planning a breeze!

₹2,00,000₹50,00,000
₹1,000₹1,50,000
  • Your Payable Tax
    ₹0
  • Your Tax after investment
    ₹0
  • Amount you save
    ₹0

Disclaimer: The calculator alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. This tool is created to explain basic financial / investment related concepts to investors. The tool is created for helping the investor take an informed decision and is not an investment process in itself. Mutual Fund does not provide guaranteed returns. Investors are advised to seek professional advice from financial, tax and legal advisor before investing.

Make small investment for bigger returns

Invest small amount periodically in scheme of your choice

Top Performing Funds to Start your SIP

DirectRegular
Fund NameAUM(Cr)Min Investment
This Fund / BenchmarkSIExpand
Worth of Investment
(₹ 10,000)SIP
Expand
Expense Ratio

Axis Multicap Fund

Equity
10,457.27100
16.09%/13.21%
8,17,036.381.08

Axis Nifty Capital Markets Index Fund

Index
99.52100
N/A%/N/A%
19,641.581.74

Axis NIFTY 100 Index Fund

Index
2,023.81100
12.71%/13.01%
11,97,657.250.25

Axis Gold Fund

FOF - Domestic
2,827.67100
10.53%/12.01%
53,52,843.000.19

Axis Small Cap Fund

Equity
29,393.79100
22.64%/18.69%
61,79,671.000.77

Axis Value Fund

Equity
1,668.17100
16.34%/10.47%
8,74,028.001.01

AXIS SILVER FUND OF FUND

FOF - Domestic
1,148.03100
42.61%/44.36%
11,20,336.000.09

Axis Greater China Equity Fund of Fund

FOF - Overseas
3,851.80100
3.46%/7.94%
9,71,525.250.56

Axis Nifty 500 Index Fund

Index
310.00100
0.44%/0.72%
2,44,979.980.17

Axis Nifty Smallcap 50 Index Fund

Index
675.70100
17.22%/18.30%
7,75,277.380.32

Axis Multicap Fund Equity

16.09%
Popular Choice

Invest Now>

Axis Nifty Capital Markets Index Fund Index

N/A
Newly Launched

Invest Now>

Axis NIFTY 100 Index Fund Index

12.71%

Invest Now>

Axis Gold Fund FOF - Domestic

10.53%

Invest Now>

Axis Small Cap Fund Equity

22.64%

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Axis Value Fund Equity

16.34%

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AXIS SILVER FUND OF FUND FOF - Domestic

42.61%

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AUM as on 30-06-2026 | Expense Ratio as on 16-07-2026

Disclaimer: Returns are calculated on standard investment of Rs 10,000. Click on Scheme Name to know more about Scheme Details.
Past performance may or may not be sustained in future. Please consult your financial advisor before investing. Different plans have different expense structure.

Click here to see Returns in SEBI Format

Budget 2025 Update:

  • No income tax payable up to normal income (other than special rate income such as Capital Gains) of Rs 12 lakh under the new regime.
  • This limit will be Rs 12.75 lakh for salaried taxpayers, due to standard deduction of Rs 75,000
  • Roughly 7.5 mn individuals (tax payers) will benefit from the revised slabs.

New Tax Slab vs Old Tax Slab Comparison as per Budget 2025

ELSS Calculator One
ELSS Calculator Two
However, this is a simplified example and doesn't consider income types that are taxed at special rates. Because everyone's tax situation is unique, we recommend consulting with a qualified tax advisor for personalized advice.


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FAQs on Income Tax Calculator

How can I calculate my tax payable?

Our tool makes it easy to get a rough estimation of your income tax under the new regime. Simply enter your income, and it will generate the tax calculations.
However, this is a simplified example and doesn't consider income types that are taxed at special rates. Because everyone's tax situation is unique, we recommend consulting with a qualified tax advisor for personalized advice.

Does everyone have to file their income tax returns?
What is the difference between the old and new tax regimes?
What should you do with the money you save under the new regime?