Save tax
Which ELSS fund, and what is the lock-in?
ELSS funds carry a 3-year lock-in. Ranked on 5-year annualised return (CAGR).
57 funds in this group. 30 meet the eligibility criteria below.
30 funds, ranked by 5Y return
Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct, Growth only, minimum AUM ₹100 Cr, at least 5 year(s) old, short-duration categories included. Past performance. Returns for 3y/5y are annualised (CAGR) and are withheld where the NAV series does not support the period.
Save tax — FAQs
What is the lock-in on an ELSS fund?
ELSS funds carry a three-year lock-in from the date of each investment — the shortest among tax-saving options under the old regime. If you invest via SIP, each instalment locks in separately for three years from its own date.
Does ELSS still save tax under the new regime?
The Section 80C deduction ELSS provides applies under the old tax regime. If you have opted for the new regime, that deduction is not available, so an ELSS fund would be held for its equity exposure rather than any tax benefit. Confirm your own position before investing.