Don't let
into your earnings
Save your tax
Last minute tax planning often leads to bad decisions. One that can lock up your
money for years or make your money grow at snail's pace. Scroll to see how much tax you can save
and the difference choosing ELSS can make.
you can save upto
` 46,350
Not everyone is aware, but you can save tax under section 80C by investing in tax-saving instruments like EPF, PPF, FD, NSC, ULIP, and ELSS before March 31st. The investment limit is Rs. 1.5 lakh.
If you are investing
Depending on your tax-slab, you will save
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10% Slab

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20% Slab

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30% Slab

Why is ELSS the best tax saving investment for you?
Save tax
Lowest lock-in period
Returns are linked to
stock market and are tax-free
Equity Linked Savings Schemes (ELSS) is a mutual fund investment that reduces your taxable income by ` 1,50,000. With a minimum lock-in period of just 3 years, ELSS has the potential to earn higher returns than most other tax-saving options as most of the portfolio is invested in the stock market.
See how ELSS compares with other tax-saving instruments:
Source: PPF, NSC data from India post, 5 year Fixed Deposit rate from SBI website (as on 30th Sept'16), EPF rate from EPFO
*Premature closure is not allowed before 15 years. Withdrawal is permissible every year from 7th financial year from the year of opening account.
^Interest rate of SBI 5 year deposit of less than a crore for non-senior citizen. Bank fixed deposit are relatively safer as they are covered under Deposit Insurance and Credit Guarantee Corporation of India to the extent of `1 lakh per account.
**Interest Compounded six monthly but payable at maturity.
^^Taxable if withdrawn before 5 years of continuous service (in case of job change, the investor can transfer account to new employer to maintain continuity).
#Fund is locked in for 3 years.
Tax Saver Fund Return History
As on 01 Sep 2017
Scheme Name 3 Yrs 5 Yrs 10 Yrs 15 Yrs 20 Yrs
DSP BlackRock Tax Saver 15.82 22.42 13.75 - -
Franklin India Taxshield 14.36 19.94 13.79 22.97 -
HDFC Taxsaver - Growth 10.37 18.79 11.99 24.62 28.11
ICICI Pru Long Term Equity 9.62 18.93 13.21 24.43 -
IDFC Tax Advantage Fund 16.42 22.48 - - -
Reliance Tax Saver 13.37 23.35 - - -
SBI Magnum Tax Gain 11.22 18.26 10.61 26.05 20.46
UTI Long Term Equity Fund 11.52 16.56 9.00 17.63 -
Average Returns 12.84 20.09 12.06 23.14 24.29
Disclaimer : is an online website of the partnership firm M/s. VGP Portfolio who is registered vide ARN- 1132 as a Fund distributor. The said website is just an electronic presentation of financial services for self help by investors. This site should not be treated as a financial advisory website as we do not charge for any calculation or results produced here. The website do not guarantees any returns or financial goal success by any means.