Earning ₹15 Lakh? Don't blindly invest ₹1.5 Lakh in ELSS. Most people already cover a big chunk of their 80C limit! Let's calculate smarter.
EPF, Home Loan Principal, Life Insurance, Children's Tuition, PPF... These automatically reduce your ₹1.5 Lakh 80C limit before you even think of ELSS.
Example: Priya (₹15L income) has ₹1,08,600 covered by EPF & insurance. She only needs ₹41,400 in ELSS to max out her 80C. Big difference, right?
1. Sum all existing 80C deductions. 2. Subtract from ₹1,50,000. 3. That's your exact ELSS target! No over-investing, more money for you.
ELSS offers equity growth with a 3-year lock-in. Use SIPs to average costs & build wealth. Choose funds based on consistent performance, not just 'hot' returns!
Stop the tax-season scramble! Calculate your exact ELSS need and plan for your financial goals. Visit sipplancalculator.in for helpful tools!