Tax Saving (ELSS)
Equity Linked Savings Schemes let you claim a deduction under Section 80C of the old tax regime while investing for long-term growth - with just a 3-year lock-in.
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ELSS funds are diversified equity mutual funds that qualify for a deduction under Section 80C of the Income Tax Act (old tax regime), up to the overall ₹1.5 lakh limit. Among 80C options they have the shortest lock-in of three years. Investing through a monthly SIP avoids the last-minute March rush and spreads your entry through the year.
Check your HRA exemption too →Tax saving, not tax panic
Plan your 80C investments at the start of the year, not the end.
- 3-year lock-in - shortest among 80C options
- Monthly SIP across the financial year
- Fund selection by track record and consistency
Why it's worth it
From your first conversation to ongoing service, everything is built around your needs.
Section 80C deduction
Reduce taxable income under the old regime, within the ₹1.5 lakh 80C limit.
Short lock-in
Three years, compared with five for tax-saving FDs and fifteen for PPF.
Equity growth potential
Long-term wealth creation alongside the tax benefit.
SIP-friendly
Invest monthly; each instalment has its own three-year lock-in.
Simple, transparent, personal
We listen first and understand completely before suggesting anything.
- 1Understand your goals, family situation, time horizon and comfort with risk
- 2Shortlist relevant options as incidental advice and explain them in plain language - costs, risks and all
- 3Take care of KYC, forms and documentation so getting started is hassle-free
- 4Review regularly and stay a phone call away whenever life changes
Frequently asked questions
Quick answers about tax saving (elss). Still have a question? We're happy to help.
How much tax can I save with ELSS?
ELSS qualifies for a deduction under Section 80C of the old tax regime, within the combined ₹1.5 lakh limit shared with PF, PPF, life insurance premiums and others. Your actual saving depends on your tax slab.
Does ELSS work under the new tax regime?
No. The Section 80C deduction is not available under the new tax regime. ELSS can still be held as a regular equity fund, but without the deduction.
How does the lock-in work for SIPs?
Each SIP instalment is locked in for three years from its own investment date, so units become free for redemption in a rolling manner.
How are ELSS returns taxed?
Gains on redemption are treated as long-term capital gains on equity and taxed as per prevailing rules, with an annual exemption threshold.
Can I redeem ELSS before three years?
No. The three-year lock-in is mandatory and applies even in emergencies, so plan liquidity separately.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance may or may not be sustained in future and is not a guarantee of future returns.
Need help choosing the right option?
Talk to us - we'll understand your needs and explain your options in plain language.