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Which ELSS fund, and what is the lock-in?

ELSS funds carry a 3-year lock-in. Ranked on 5-year annualised return (CAGR).

58 funds in this group. 29 meet the eligibility criteria below.

29 funds, ranked by 5Y return

#FundCategory
1Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth OptionPlatinumELSS+18.05%+10.41%+19.20%56%-37.7%₹4,862 Cr0.98%
2SBI Long Term Advantage Fund - Series V - Direct Plan - GrowthSilverELSS+17.41%+8.18%+20.40%77%-35.8%₹367 Cr1.17%
3SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTHBronzeELSS+16.76%+3.01%+17.88%51%-38.2%₹31,839 Cr1.25%
4HDFC ELSS Tax saver - Growth Option - Direct PlanELSS+16.44%+1.22%+15.75%41%-44.1%₹15,685 Cr1.18%
5quant ELSS Tax Saver Fund - Growth Option - Direct PlanPlatinumELSS+16.37%+18.20%+21.85%62%-36.1%₹13,143 Cr1.21%
6ITI ELSS Tax Saver Fund - Direct Plan - Growth OptionBronzeELSS+14.26%+10.52%+20.87%87%-38.5%₹452 Cr0.90%
7Tata ELSS Fund-Growth-Direct PlanGoldELSS+14.24%+10.87%+16.38%37%-36.8%₹4,597 Cr0.89%
8Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth OptionBronzeELSS+14.04%+5.58%+15.48%41%-51.9%₹14,880 Cr1.12%
9SBI Long Term Advantage Fund - Series VI - Direct Plan - GrowthELSS+13.92%+3.36%+21.13%82%-36.1%₹258 Cr1.27%
10Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth OptionGoldELSS+13.83%+11.20%+15.94%37%-36.8%₹443 Cr0.92%
11DSP ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+13.67%+4.82%+18.97%58%-37.2%₹16,562 Cr0.89%
12Franklin India ELSS Tax Saver Fund - Direct - GrowthELSS+13.62%+1.09%+17.28%48%-39.0%₹6,166 Cr1.16%
13Kotak ELSS Tax Saver Fund-Growth - DirectBronzeELSS+13.47%+5.88%+17.27%46%-36.4%₹6,197 Cr0.81%
14BANDHAN ELSS Tax Saver Fund - Direct Plan - GrowthBronzeELSS+13.28%+7.00%+17.67%50%-42.6%₹6,911 Cr0.95%
15Parag Parikh ELSS Tax Saver Fund- Direct GrowthELSS+13.27%-3.55%+22.67%82%-29.5%₹5,600 Cr0.65%
16Mirae Asset ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+13.06%+8.06%+19.01%64%-37.8%₹26,049 Cr1.02%
17BANK OF INDIA ELSS Tax Saver -Direct Plan- GrowthSilverELSS+12.97%+8.59%+17.83%51%-31.7%₹1,406 Cr1.06%
18Union ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+12.38%+5.10%+14.08%31%-35.4%₹857 Cr1.73%
19CANARA ROBECO ELSS TAX SAVER - DIRECT PLAN - GROWTH OPTIONSilverELSS+12.26%+6.70%+16.09%37%-34.3%₹8,637 Cr0.68%
20ICICI Prudential ELSS Tax Saver Fund - Direct Plan - GrowthELSS+12.22%+4.97%+15.64%37%-37.5%₹14,064 Cr1.20%
21SBI Long Term Advantage Fund - Series IV - Direct Plan - GrowthELSS+11.88%+7.22%+27.14%68%-34.4%₹195 Cr1.16%
22Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -GrowthELSS+11.71%+1.58%+16.80%45%-35.9%₹884 Cr1.10%
23Invesco India ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+11.51%+4.40%+16.48%41%-35.8%₹2,698 Cr1.18%
24PGIM India ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+11.45%+3.11%+15.41%36%-36.7%₹713 Cr1.15%
25LIC MF ELSS Tax Saver-Direct Plan-GrowthELSS+11.42%+1.44%+14.94%24%-35.7%₹1,013 Cr1.26%
26Quantum ELSS Tax Saver Fund - Direct Plan Growth OptionELSS+11.33%-0.56%+14.50%32%-39.6%₹207 Cr0.95%
27Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct PlanBronzeELSS+9.85%+6.26%+13.50%20%-35.1%₹14,467 Cr1.05%
28UTI ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+9.47%+2.99%+14.22%26%-35.1%₹3,524 Cr1.02%
29Axis ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+8.34%+4.63%+14.48%25%-33.5%₹31,869 Cr1.06%

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 numeric column to re-sort; funds with no value for that 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.