What Is ELSS (Tax-Saving Mutual Fund)?

An equity mutual fund with a three-year lock-in that counts for the old regime's ₹1.5 lakh deduction.

Tax

ELSS has the shortest lock-in of the tax-saving options, three years for each investment (each SIP instalment is locked for three years from its own date).

Gains are taxed as long-term capital gains when sold. The returns follow the stock market and are not guaranteed.

SIP calculator Compare demat accounts

Tax

Guides in Plain Words

Short reads that explain how it works before you decide.

All Tax guides

Tax15 Oct 2026 · 6 min readOld vs New Tax Regime for FY 2026-27: Three Salaries, Worked OutThe new tax regime is now the default, and for most salaried people it is also cheaper. Here is the arithmetic for salaries of Rs 12 lakh, Rs 20 lakh and Rs 30 lakh, and the one question that tells you when the old regime still wins.Read the guide →

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

Reads bank SMS No account linking, no passwords.

Sorts every rupee Into categories you can edit.

Bills and cards Statements found, due dates reminded.

Your Google Drive Backed up to you, never to us.