ELSS Calculator

ELSS calculator helps you plan by projecting future value of tax saving investments.

₹
Yr
%

Projected Corpus

₹23,23,391

Total Investment

₹12,00,000

Estimated Gains

₹11,23,391

Tax Savings

₹3,60,000

Red piggy bank with a blue rupee coin, indicating financial growth and savings.

A monthly SIP is a smart way to grow your wealth!

₹10,000

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What is an ELSS?

  • Equity Linked Savings Schemes (ELSS) are open ended equity mutual funds that qualify for tax deductions under Section 80C of the Income Tax Act, 1961
  • These schemes are primarily equity oriented and offer tax benefits (Old Regime) of up to 1.5 lakh in a financial year
  • By investing in ELSS eligible investors may potentially reduce their tax liability
  • ELSS funds typically invest across a diversified mix of equity and equity related instruments spanning various sectors and market capitalisations. This diversified approach aims to optimise long term growth potential while managing market risk
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What is an ELSS Calculator?

An ELSS calculator is an online tool that helps you estimate the potential value of your investment in an Equity Linked Savings Scheme over a chosen period. You can enter key details such as the investment amount, frequency (for SIP), expected rate of return and investment duration. Based on these inputs the calculator provides an indicative projection of the maturity value at the end of the selected tenure.

How Does the ELSS Calculator Help You?

The ELSS calculator helps investors plan by estimating how an investment may grow over time from the details entered. It does not guarantee returns but illustrates possible outcomes for better decision making.
  • Estimate growth - See how your ELSS may perform across different timeframes using amount, tenure and expected return.
  • Compare modes - Evaluate SIP versus lump sum to match your strategy.
  • Align with goals - Estimate the amount and frequency needed to reach a target corpus.

How to Use Kotak ELSS Calculator?

The ELSS calculator is designed to help investors estimate the potential value of their investments based on a few key inputs. It works for both Systematic Investment Plans (SIPs) and lumpsum investments. Please note that the results are based on assumed inputs and are only indicative.
In case of SIP
To estimate returns for a SIP in ELSS enter the following
  • Monthly Investment Amount - The amount you plan to invest at regular intervals.
  • Investment Frequency - Choose how often you would like to invest.
  • Expected Rate of Return - This is an assumed annual return rate which you can enter based on historical trends or personal expectations.
  • Investment Tenure - The duration (in years) you intend to continue your SIP.
In case of Lumpsum
  • Investment Amount - The total amount you plan to invest upfront.
  • Expected Rate of Return - An assumed annual return rate.
  • Investment Duration - The number of years you intend to remain invested.
After filling in these details the calculator will show an illustrative maturity amount based on your inputs.

How to Calculate ELSS Maturity Amount?

The ELSS maturity amount is estimated from your investment, tenure and assumed return. Figures are illustrative only actual results may vary with market conditions
Formula for ELSS Investment Calculation
  1. For Lumpsum Investments
Future Value (FV) = C × (1 + r)^t
FVEstimated future value
CInitial lumpsum investment
rAssumed annual rate of return (in decimal)
tInvestment duration in years
2. For SIP Investments
FV = P × [((1 + r)^n − 1) / r] × (1 + r)
PMonthly SIP amount
rAssumed monthly rate of return
nTotal number of SIP installments

This formula takes into account the compounding effect of regular investments and helps you plan your financial goals effectively.

Example of ELSS Funds Calculator

  1. Lumpsum Investment Example - An investor makes a one-time investment of 1,00,000 in an ELSS fund for 5 years assuming an annual return of 12% Using the formula FV = 100000 × (1 + 0.12)^5 = 1,76,234
  2. SIP Investment Example - An investor invests 3,000 per month for 4 years assuming a 12% annual return Using the formula FV = 3,000 × [((1 + 0.01)^48 – 1) / 0.01] × (1 + 0.01) = 1,83,046
Based on an assumed rate of return(s) of 12%, the above Investment simulation is for illustration purpose only. It should not be construed as a promise on minimum returns and safeguard of capital. KMAMC is not guaranteeing or promising, or forecasting any returns. SIP does not assure a profit or guarantee protection against loss in a declining market. SIP Calculator is designed to assist you in determining the appropriate amount. SIP calculator alone is not sufficient and shouldn't be used to develop or implement an investment strategy. KMAMC makes no warranty about the accuracy of the calculators/reckoners. The examples do not purport to represent the performance of any security or Investments. In view of the Individual nature of tax consequences, each investor is advised to consult his or her, professional tax advisor.
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Advantages of Using the ELSS Return Calculator

The ELSS calculator is a helpful tool that supports your financial planning, especially when exploring tax-saving investment options. While the ELSS return calculator does not guarantee returns, it provides useful insights by illustrating potential outcomes based on your inputs such as investment amount, duration, and expected return.
  • Simple and free to use – Helps estimate future value without complex calculations.
  • Supports goal-based planning – Allows you to check if your investment approach aligns with your financial goals.
  • Compare investment options – Enables comparison between SIP and lumpsum investments under various scenarios.
  • Customisable inputs – Lets you adjust investment amount, duration, and expected returns to explore different outcomes.
FAQs
The ELSS calculator provides indicative results based on the inputs you enter such as investment amount, duration, and assumed rate of return. While it can help in estimating the potential value of your investment, it does not guarantee accuracy as actual mutual fund returns depend on market performance and are subject to change.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
No, a SIP calculator cannot guarantee accurate future returns. Instead, it provides an estimated amount for your monthly SIP based on an expected annual return rate. The actual returns from a mutual fund investment can fluctuate due to various factors.
Disclaimer

Based on assumed rate of return(s) of {{rate}}%, the above investment simulation is for illustration/explanation purpose only. The calculator is designed with a view to help investors/prospective investors in their investment journey. It should not be construed as a promise on returns/minimum returns and safeguard of capital. The calculator alone, is not sufficient and cannot be used for the development or implementation of an investment strategy. The same is created with a view to aid and explain the financial / investment related aspects to investors/prospective investors and for helping them make an informed investment decision and is not an investment process in itself. Kotak Mahindra Mutual Fund/Kotak Mahindra Asset Management Company Limited is not guaranteeing or promising any returns/future returns/performance/future performance. Also, there is no assurance about the accuracy of the calculator.The same is designed considering the investor opts for/has opted for/eligible under the Old Tax Regime (Income Tax Act,1961). The tax rate assumed is (30%), assuming the investor/prospective investor falls under the highest bracket and has not utilised any deduction under section (80C) of the Income Tax Act, 1961. For the calculation purposes, following parameters are not considered: 1. Health & Education Cess 2. Capital gains taxation 3. Surcharge 4. Exhaustion of the Section 80C deduction limit through other eligible instruments 5. Impact of applicable rebates and reliefs on the final tax payable. The said illustration/explanation do not purport to represent the performance of any security or investments. In view of the Individual nature of tax consequences, each investor is advised to consult his or her, professional tax advisor and/or investment advisor. Kindly note past performance may or may not be sustained in future and is not a guarantee of any future returns. The returns shown in the said calculator are basis compounded annualized growth rate % (CAGR) . All reasonable care has been taken while designing the calculator.