ELSS calculator helps you plan by projecting future value of tax saving investments.
Projected Corpus
Total Investment
Estimated Gains
Tax Savings
| FV | Estimated future value |
| C | Initial lumpsum investment |
| r | Assumed annual rate of return (in decimal) |
| t | Investment duration in years |
| P | Monthly SIP amount |
| r | Assumed monthly rate of return |
| n | Total number of SIP installments |
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.