ELSS mutual funds give you equity-like returns along with a Section 80C deduction of up to ₹1.5 lakh per year — the only tax-saving instrument with no cap on maturity value.
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3-year lock-in per SIP instalment. Gains above ₹1.25 lakh attract 12.5% LTCG tax — still far less than the tax you save going in. Only available under the Old Regime for Section 80C.
LTCG estimate is simplified. Actual tax depends on redemption dates and applicable slab. See our full disclaimer.