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ELSS Calculator

Updated on March 24, 2024 , 7142 views

Introduction

ELSS is an open-ended Equity Mutual Fund that not only is great for tax saving purposes but also creates a growth opportunity for your investment. These schemes are promoted by the Government of India to inculcate a habit of long-term investment among people. As is evident from the name, the major portion of the fund in Equity Linked Savings Schemes is invested in equities or equity-related products. When you plan on making equity investments it is a wise decision to determine the performance of the investment prior to Investing. This can be done by a tool referred to as an ELSS Calculator.

What is an ELSS Calculator?

An ELSS calculator is an extremely helpful tool that plays an important role in helping you make the right decisions with regards to choosing the best investment in an ELSS scheme. T=You will be able to evaluate how effective or not an investment will be. Depending on the type of scheme you choose, there are a number of ELSS Calculators that you can make use of.

ELSS Calculator: Past Performance of SIP work?

The Past Performance sip calculator is a significant tool in providing insights on the historical performance of your SIP. The calculator takes into account certain details like:

  1. SIP investment amount
  2. Starting month and year of the SIP
  3. Maturity month and year of the SIP
  4. Valuation date
  5. Name of the Asset Management Company

With the above details, an ELSS SIP Past Performance Calculator will generate an estimate of how much your SIP investment will be worth at the time of maturity. Such an evaluation is a good means to determining how a fund performs during different Market cycles. The long run performance is also a good insight into gauging where the fund might be heading in terms of future prospects. Though it must be clarified that past performances are no guarantee to the returns in the future, they do however help by showing how the fund held up during adverse market conditions.

Know Your SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹720,000
expected amount after 5 Years is ₹1,074,189.
Net Profit of ₹354,189
Invest Now

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Top ELSS Funds

1. Tata India Tax Savings Fund

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.9% since its launch.  Ranked 1 in ELSS category.  Return for 2023 was 24% , 2022 was 5.9% and 2021 was 30.4% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (26 Mar 24) ₹37.0562 ↓ -0.07   (-0.20 %)
Net Assets (Cr) ₹4,016 on 29 Feb 24
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.75
Sharpe Ratio 1.97
Information Ratio -0.68
Alpha Ratio -5.22
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,916
28 Feb 21₹13,936
28 Feb 22₹16,090
28 Feb 23₹16,987
29 Feb 24₹22,339

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 24

DurationReturns
1 Month -1.5%
3 Month 1.7%
6 Month 11.7%
1 Year 34.2%
3 Year 17.4%
5 Year 15.6%
10 Year
15 Year
Since launch 14.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 24%
2022 5.9%
2021 30.4%
2020 11.9%
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Sailesh Jain16 Dec 212.21 Yr.
Tejas Gutka9 Mar 212.98 Yr.

Data below for Tata India Tax Savings Fund as on 29 Feb 24

Equity Sector Allocation
SectorValue
Financial Services31.44%
Industrials15.89%
Consumer Cyclical12.46%
Technology8.86%
Basic Materials6.95%
Energy4.83%
Communication Services4.56%
Health Care4.22%
Utility3.6%
Consumer Defensive2.71%
Real Estate2.46%
Asset Allocation
Asset ClassValue
Cash2.03%
Equity97.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹316 Cr2,160,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
6%₹239 Cr2,325,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
5%₹193 Cr1,160,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹193 Cr675,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
4%₹160 Cr2,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
3%₹139 Cr1,300,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT
3%₹123 Cr352,147
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹110 Cr940,000
NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 532555
3%₹110 Cr3,451,000
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICO
3%₹108 Cr650,000

2. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14% since its launch.  Ranked 7 in ELSS category.  Return for 2023 was 28.4% , 2022 was -3% and 2021 was 30.3% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (26 Mar 24) ₹106.903 ↑ 0.72   (0.68 %)
Net Assets (Cr) ₹3,680 on 29 Feb 24
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 1.98
Sharpe Ratio 2.66
Information Ratio -0.31
Alpha Ratio 3.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,606
28 Feb 21₹13,161
28 Feb 22₹15,213
28 Feb 23₹15,518
29 Feb 24₹21,516

L&T Tax Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 24

DurationReturns
1 Month -0.9%
3 Month 5.9%
6 Month 16.7%
1 Year 41.1%
3 Year 17.4%
5 Year 15.1%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2023 28.4%
2022 -3%
2021 30.3%
2020 13.5%
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Gautam Bhupal26 Nov 221.26 Yr.
Sonal Gupta21 Jul 212.61 Yr.
Abhishek Gupta1 Mar 240 Yr.

Data below for L&T Tax Advantage Fund as on 29 Feb 24

Equity Sector Allocation
SectorValue
Industrials25.11%
Financial Services23.24%
Consumer Cyclical15.8%
Technology11.34%
Energy6.1%
Health Care4.9%
Utility3.56%
Real Estate3.3%
Basic Materials2.82%
Consumer Defensive1.88%
Communication Services1%
Asset Allocation
Asset ClassValue
Cash0.95%
Equity99.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT
5%₹200 Cr574,100
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹180 Cr1,229,300
↓ -216,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
4%₹153 Cr537,600
↑ 86,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT
3%₹126 Cr151,100
↓ -12,800
KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH
3%₹120 Cr775,600
↓ -236,900
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
3%₹119 Cr1,155,500
↑ 181,000
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Apr 22 | 500093
3%₹116 Cr2,486,300
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹103 Cr622,100
Bharat Electronics Ltd (Industrials)
Equity, Since 31 May 22 | BEL
3%₹102 Cr5,485,000
Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN
3%₹94 Cr382,000

3. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.1% since its launch.  Ranked 8 in ELSS category.  Return for 2023 was 24.5% , 2022 was 4.3% and 2021 was 32.1% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (26 Mar 24) ₹437.365 ↑ 0.62   (0.14 %)
Net Assets (Cr) ₹1,222 on 29 Feb 24
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.36
Sharpe Ratio 2.17
Information Ratio -0.28
Alpha Ratio -2.44
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,204
28 Feb 21₹13,570
28 Feb 22₹16,380
28 Feb 23₹16,889
29 Feb 24₹22,498

Principal Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 24

DurationReturns
1 Month 0.3%
3 Month 4.7%
6 Month 13.1%
1 Year 37.3%
3 Year 19.1%
5 Year 16.3%
10 Year
15 Year
Since launch 16.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 24.5%
2022 4.3%
2021 32.1%
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 194.34 Yr.
Rohit Seksaria1 Jan 222.16 Yr.

Data below for Principal Tax Savings Fund as on 29 Feb 24

Equity Sector Allocation
SectorValue
Financial Services32.24%
Technology11.56%
Consumer Cyclical10.32%
Industrials8.76%
Consumer Defensive8.55%
Health Care8.14%
Energy6.59%
Basic Materials5.72%
Communication Services3.06%
Real Estate0.42%
Asset Allocation
Asset ClassValue
Cash4.62%
Equity95.38%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
7%₹89 Cr606,077
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
7%₹78 Cr274,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹68 Cr661,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹52 Cr313,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹33 Cr311,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMA
3%₹33 Cr233,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
2%₹28 Cr444,000
↓ -95,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 21 | TATAMOTORS
2%₹25 Cr288,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
2%₹24 Cr69,021
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Jan 22 | 540376
2%₹24 Cr62,000
↑ 15,000

4. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.6% since its launch.  Ranked 17 in ELSS category.  Return for 2023 was 30.9% , 2022 was -7.7% and 2021 was 32.6% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (26 Mar 24) ₹104.68 ↑ 0.25   (0.24 %)
Net Assets (Cr) ₹2,545 on 29 Feb 24
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 2.9
Information Ratio -0.63
Alpha Ratio 4.97
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,258
28 Feb 21₹14,106
28 Feb 22₹16,401
28 Feb 23₹15,810
29 Feb 24₹22,377

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Mar 24

DurationReturns
1 Month -2.4%
3 Month 3.3%
6 Month 15.6%
1 Year 42.7%
3 Year 16.4%
5 Year 15.7%
10 Year
15 Year
Since launch 14.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.9%
2022 -7.7%
2021 32.6%
2020 19.2%
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Nigam3 Sep 203.49 Yr.
Dhimant Kothari29 Mar 185.93 Yr.

Data below for Invesco India Tax Plan as on 29 Feb 24

Equity Sector Allocation
SectorValue
Financial Services25.92%
Consumer Cyclical12.41%
Technology12.1%
Industrials11.56%
Health Care8.51%
Basic Materials7.74%
Consumer Defensive6.06%
Utility5.52%
Energy4.37%
Communication Services2.65%
Real Estate1.15%
Asset Allocation
Asset ClassValue
Cash2.01%
Equity97.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
5%₹133 Cr1,261,235
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
5%₹121 Cr722,543
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
4%₹113 Cr385,239
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK
3%₹87 Cr618,355
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 23 | TCS
3%₹77 Cr188,066
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹71 Cr656,279
Anand Rathi Wealth Ltd (Financial Services)
Equity, Since 31 Dec 21 | 543415
3%₹67 Cr182,065
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK
2%₹63 Cr429,280
↑ 91,293
Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 532134
2%₹58 Cr2,166,901
↑ 754,026
Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 22 | 532702
2%₹57 Cr1,552,742

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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