Tax saving that also builds wealth
An ELSS (Equity Linked Savings Scheme) is a diversified equity mutual fund that qualifies for a deduction of up to ₹1.5 lakh a year under Section 80C — available if you file under the old tax regime.
Why investors like ELSS
- Shortest lock-in among 80C options — just 3 years per instalment.
- Equity growth potential over the long term.
- SIP-friendly — spread your tax-saving investment through the year instead of a March rush.
Old vs new tax regime
The 80C deduction is not available under the new tax regime. Your advisor can help you compare both regimes based on your income and deductions before you invest for tax.
Use our ELSS calculator to estimate tax saved and potential growth.