Save Tax with ELSS

ELSS or Equity Linked Savings Scheme, a type of mutual fund scheme, is a very popular tax saving product eligible for deduction from u/s 80C of the IT Act. For FY 2025-26 you can claim deduction upto Rs. 1.5 Lakh of investments in ELSS though there is no upper limit in how much you can invest. Under section 80C, ELSS is the only product that offers equity exposure with potential for attractive long term returns and with the least lock-in period of only 3 years. Further more, there is no long term (>1 year) capital gains in all mutual fund equity schemes making ELSS more attractive. You can either make a lumpsum investment or do a monthly SIP or do both in an ELSS.

This tool can help you know the amount of Tax savings that you can do by investing in ELSS.

Know your Tax Slab

Your applicable Tax Slab Rate :

5% 20% 30%

Select Applicable Tax Rate as per your Income.
For Detail click on Know your Tax Slab Link

Investment Planned for ELSS :

Rs.

The Amount of money you would like to invest in ELSS Fund.

Note: The investments that you make in ELSS are eligible for deduction under Sec 80C. Investors can invest up to Rs. 1,50,000/- in an ELSS fund and deduct the investment from their taxable income u/s 80C of Income Tax Act.

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Save Tax with ELSS

Income Tax Slab for FY 2025-26

With TAX Benefit Without TAX Benefit

Income Range (₹)	Tax Rate
For Resident Citizens with age below 60 Yrs
Upto 2,50,000	Nil
2,50,000 - 5,00,000	5%
5,00,000 - 10,00,000	20%
Above 10,00,000	30%
For Resident Senior Citizens with age 60-80 Yrs
Upto 3,00,000	Nil
3,00,000 - 5,00,000	5%
5,00,000 - 10,00,000	20%
Above 10,00,000	30%
For Resident Senior Citizens with age Above 80 Yrs
Upto 5,00,000	Nil
5,00,000 - 10,00,000	20%
Above 10,00,000	30%

Note :

New personal tax rates are optional. Rate given above in "With TAX Benefit" will be availed by person who claim exemption & deduction And rate given in "Without TAX Benefit" will be availed by person who do not claim any type of exemption & deduction.

Income Range (₹)	Tax Rate
For Resident Citizens with age below 60 Yrs
Upto 2,50,000	Nil
2,50,000 - 5,00,000	5%
5,00,000 - 7,50,000	10%
7,50,000 - 10,00,000	15%
10,00,000 - 12,50,000	20%
12,50,000 - 15,00,000	25%
Above 15,00,000	30%
For Resident Senior Citizens with age 60-80 Yrs
Upto 3,00,000	Nil
3,00,000 - 5,00,000	5%
5,00,000 - 7,50,000	10%
7,50,000 - 10,00,000	15%
10,00,000 - 12,50,000	20%
12,50,000 -15,00,000	25%
Above 15,00,000	30%
For Resident Senior Citizens with age Above 80 Yrs
Upto 5,00,000	Nil
5,00,000 - 7,50,000	10%
7,50,000 - 10,00,000	15%
10,00,000 - 12,50,000	20%
12,50,000 -15,00,000	25%
Above 15,00,000	30%

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Financial Tools

Save Tax with ELSS

Save Tax with ELSS

START INVESTING SMARTER TODAY

Leave the research and complexities to us so you can focus on
what matters the most to you.

GET IN TOUCH WITH US NOW!

81495 66994

chaman.chawla@nivestaa.com

Umunthu System Private Limited

CIN: U72900MH2021PTC359308

AMFI Registered Mutual Fund Distributor (ARN-311028)

Date of Initial Registration: 18-OCT-2024 & Current Validity: 17-OCT-2027

Financial Tools

Save Tax with ELSS

Save Tax with ELSS

START INVESTING SMARTER TODAY

Leave the research and complexities to us so you can focus on what matters the most to you.

GET IN TOUCH WITH US NOW!

81495 66994

chaman.chawla@nivestaa.com

Umunthu System Private Limited

CIN: U72900MH2021PTC359308

AMFI Registered Mutual Fund Distributor (ARN-311028)

Date of Initial Registration: 18-OCT-2024 & Current Validity: 17-OCT-2027

Leave the research and complexities to us so you can focus on
what matters the most to you.