ELSS Calculator

How Does an ELSS Calculator Work?

Here is how an ELSS fund calculator helps you:

• The calculator uses standard financial formulas to project how your ELSS investment could grow based on compounding returns over the selected time period.
• For lump-sum investments, it applies compound growth on a one-time amount. For SIPs, it uses periodic investment calculations where each instalment compounds for a different duration.
• The return rate you enter helps the calculator estimate potential growth, assuming consistent long-term market performance.
• After processing all variables, it generates the estimated future value of your ELSS corpus at the end of the chosen duration.
• By adjusting inputs like amount, tenure, or return rate, the calculator recalculates outcomes to help you compare scenarios and plan better.

How to Calculate ELSS Maturity Amount?

To find the maturity amount of your ELSS investment, you need to enter a few basic details into the ELSS calculator. The calculation is based on the following formula:

Where:

• FV = Future value
• C = Investment amount
• r = Expected rate of return
• t = Investment duration

For SIP Investments:

• Enter the monthly amount you plan to invest.
• Choose the duration for which you want to continue your SIP. Please note that an ELSS has a minimum lock-in period of 3 years.

For Lumpsum Investments:

• Enter the one-time amount you want to invest at the start.

Once all details are filled in, the calculator quickly displays the estimated maturity amount based on your input.

Example of an ELSS Funds Calculator

The ELSS fund calculator helps you clearly understand how your ELSS investment can grow over time through SIPs or lump sum contributions.

ELSS SIP Example

An ELSS SIP calculator estimates the future value of monthly contributions. For example, if you invest ₹4,000 per month at an expected return of 12% for 5 years, the value may reach about ₹3,30,000. This includes your contributions and the gains earned through compounding. The calculator helps you see how regular investing can support long-term wealth building along with tax-saving benefits under Section 80C.

ELSS Lumpsum Example

An ELSS lump sum calculator helps you estimate how much a one-time investment may grow. For instance, if you invest ₹4,00,000 at an expected return of 12% for 5 years, the amount could grow to around ₹7,05,000. This shows how compounding can significantly increase your investment over time.

Benefits of Using an ELSS Return Calculator

Below are some benefits of using the ELSS tax calculator:

• Projections: The calculator gives a clear estimate of how much your ELSS investment may grow based on the amount, expected return, and duration.
• Helps Estimate Tax Savings: Since ELSS offers tax benefits, the calculator helps you understand how much you may save under Section 80C.
• Better Investment Planning: By trying different amounts and time periods, you can see how changes affect your final returns and plan your investments wisely.
• Easy Comparison: You can compare different ELSS funds or scenarios by adjusting expected returns or duration to choose what suits your goals.
• Quick and Convenient: It provides instant results online, saving time and effort.
• Supports Goal-based Investing: The calculator helps you decide how much and for what duration to invest so that you may reach your financial goals.