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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. 30 meet the eligibility criteria below.

30 funds, ranked by 5Y return

#
1Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth OptionPlatinumELSS+17.63%+8.69%+19.38%57%-37.7%₹5,134 Cr0.98%
2quant ELSS Tax Saver Fund - Growth Option - Direct PlanPlatinumELSS+16.13%+12.41%+21.54%62%-36.1%₹13,458 Cr1.21%
3SBI Long Term Advantage Fund - Series V - Direct Plan - GrowthSilverELSS+15.52%+1.03%+20.46%79%-35.8%₹381 Cr1.28%
4SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTHELSS+14.99%-4.53%+17.68%50%-38.2%₹31,735 Cr1.27%
5JM ELSS Tax Saver Fund (Direct) - Growth OptionPlatinumELSS+14.69%+7.21%+17.93%53%-37.4%₹248 Cr2.69%
6HDFC ELSS Tax saver - Growth Option - Direct PlanSilverELSS+14.11%-6.58%+15.61%41%-44.1%₹15,992 Cr1.21%
7ITI ELSS Tax Saver Fund - Direct Plan - Growth OptionGoldELSS+13.35%+3.29%+20.72%87%-38.5%₹463 Cr0.90%
8Tata ELSS Fund-Growth-Direct PlanGoldELSS+12.67%+5.29%+16.32%37%-36.8%₹4,747 Cr0.88%
9SBI Long Term Advantage Fund - Series VI - Direct Plan - GrowthELSS+12.58%-1.25%+20.88%80%-36.1%₹262 Cr1.40%
10Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth OptionPlatinumELSS+12.23%+3.83%+15.86%37%-36.8%₹462 Cr0.93%
11Kotak ELSS Tax Saver Fund-Growth - DirectGoldELSS+12.10%-0.33%+17.17%46%-36.4%₹6,384 Cr0.83%
12DSP ELSS Tax Saver Fund - Direct Plan - GrowthGoldELSS+11.97%-2.67%+18.87%58%-37.2%₹16,666 Cr0.91%
13Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth OptionSilverELSS+11.97%-1.04%+15.36%41%-51.9%₹14,718 Cr1.12%
14Franklin India ELSS Tax Saver Fund - Direct - GrowthELSS+11.89%-5.54%+17.15%47%-39.0%₹6,223 Cr1.17%
15BANDHAN ELSS Tax Saver Fund - Direct Plan - GrowthELSS+11.75%-1.30%+17.59%50%-42.6%₹6,965 Cr0.95%
16BANK OF INDIA ELSS Tax Saver -Direct Plan- GrowthGoldELSS+11.47%+2.38%+17.74%51%-31.7%₹1,414 Cr1.10%
17Mirae Asset ELSS Tax Saver Fund - Direct Plan - GrowthELSS+11.13%+0.07%+18.93%63%-37.8%₹26,428 Cr0.99%
18Parag Parikh ELSS Tax Saver Fund- Direct GrowthELSS+10.95%-10.70%+22.44%80%-29.5%₹5,613 Cr0.65%
19Union ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+10.55%-1.97%+13.96%31%-35.4%₹872 Cr1.73%
20Invesco India ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+10.49%-1.06%+16.43%41%-35.8%₹2,764 Cr1.19%
21PGIM India ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+10.37%-1.71%+15.25%36%-36.7%₹722 Cr1.09%
22CANARA ROBECO ELSS TAX SAVER - DIRECT PLAN - GROWTH OPTIONSilverELSS+10.11%-1.03%+16.03%37%-34.3%₹8,725 Cr0.69%
23ICICI Prudential ELSS Tax Saver Fund - Direct Plan - GrowthELSS+10.06%-3.89%+15.49%37%-37.5%₹14,286 Cr1.22%
24Quantum ELSS Tax Saver Fund - Direct Plan Growth OptionELSS+9.92%-8.04%+14.43%33%-39.6%₹210 Cr0.95%
25SBI Long Term Advantage Fund - Series IV - Direct Plan - GrowthELSS+9.86%-3.35%+26.70%67%-34.4%₹196 Cr1.24%
26Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -GrowthELSS+9.38%-6.55%+16.63%45%-35.9%₹895 Cr1.06%
27LIC MF ELSS Tax Saver-Direct Plan-GrowthELSS+9.26%-4.94%+14.83%24%-35.7%₹1,021 Cr1.28%
28Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct PlanELSS+8.21%-1.86%+13.46%20%-35.1%₹14,543 Cr1.09%
29UTI ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+7.55%-5.33%+14.16%26%-35.1%₹3,482 Cr1.16%
30Axis ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+5.74%-1.38%+14.41%26%-33.5%₹32,667 Cr1.05%

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.