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Introduction

What is your taxable income? ₹ 2,00,000
₹ 2 Lakh₹ 50 Lakhs
How much you can invest annually in ELSS? ₹ 0
₹ 0₹ 1.5 Lakhs
Your Payable Tax
₹0
Your Tax after investment
₹0
Your Payable Tax
₹0
Your Tax after investment
₹0
nullYou Saverupee 0
Disclaimer: This material is created to explain basic financial / investment related concepts to investors. Mutual Fund does not provide guaranteed returns. Investors are advised to seek professional advice from financial, tax and legal advisor before investing.

Benefits of ELSS Funds

Save Tax

The primary benefit of ELSS is tax saving. By investing in ELSS, you can claim annual tax deductions on investments up to Rs.1.5 lakh under Section 80C.

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Save Tax

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Power of Compounding

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Wealth Creation

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No Maximum Period

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SIP Option

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Ease of Investment

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Save Tax

The primary benefit of ELSS is tax saving. By investing in ELSS, you can claim annual tax deductions on investments up to Rs.1.5 lakh under Section 80C.

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Power of Compounding

ELSS investments allow one to leverage the power of compounding owing to the lock-in period.

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Wealth Creation

ELSS offer the scope for wealth creation, considering that the money is invested in equities.

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No Maximum Period

With ELSS, there is no compulsion of redemption after the lock-in period, and you can continue to remain invested for as long as you wish. Investing for the long term helps one leverage investments to their full potential with the objective of generating wealth.

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SIP Option

ELSS comes with the option of SIP. SIP allows one to invest even in small amounts at regular intervals.

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Ease of Investment

One can invest in ELSS with a minimal amount in Lumpsum or SIP. Further, options such as dividend and growth are available with ELSS to suit every investor’s needs.

Why choose equity for long-term wealth creation?

5 Years
Amount Invested
₹6,00,000
Current Value
₹7,83,785
10 Years
Amount Invested
₹12,00,000
Current Value
₹20,50,340
15 Years
Amount Invested
₹18,00,000
Current Value
₹41,86,232
20 Years
Amount Invested
₹24,00,000
Current Value
₹1,03,86,776
Based on a SIP of 10,000 in S&P BSE Sensex on the last day of each month. As on: 31st January 2020. Source: Bloomberg
Past performance may or may not be sustained in future
5 Years
Amount Invested
₹6,00,000
Current Value
₹7,83,785
10 Years
Amount Invested
₹12,00,000
Current Value
₹20,50,340
15 Years
Amount Invested
₹18,00,000
Current Value
₹41,86,232
20 Years
Amount Invested
₹24,00,000
Current Value
₹1,03,86,776
Based on a SIP of 10,000 in S&P BSE Sensex on the last day of each month. As on: 31st January 2020. Source: Bloomberg
Past performance may or may not be sustained in future
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Got Question about ELSS*? we've got the answers!

Why no sochna when it comes to ELSS?What are the benefits of ELSS? Is it different from other mutual fund schemes?Okay, so does ELSS only allow me to save on taxes?Markets have their own share of ups and downs! Can you tell me the right time to invest in equity mutual funds?ELSS has a lock-in period. What's with that?How do I invest in ELSS? SIP or Lump Sum?Err...so are the returns on ELSS taxable?