Best ELSS Funds
for Tax Saving 2026
Save up to ₹46,800 in taxes annually with ELSS — the only 80C instrument that also gives you equity market returns. Ranked by 3-year CAGR.
Top ELSS funds by 3Y CAGR
Equity Linked Saving Schemes eligible for Section 80C deduction. All are direct growth plans.
Why invest in ELSS?
Save up to ₹46,800
Deduction of up to ₹1.5 lakh/year under Section 80C reduces your taxable income. In the 30% bracket that's ₹46,800 saved annually.
Shortest 3-year lock-in
ELSS has the shortest lock-in among all 80C instruments — just 3 years vs 15 years for PPF or 5 years for tax-saver FDs.
Equity-linked returns
ELSS invests ≥80% in equities. Historically they've delivered 12–18% CAGR over long horizons — far ahead of PPF or FD rates.
SIP-friendly
Each SIP instalment has its own 3-year lock-in clock. Start small — ₹500/month qualifies for 80C and builds a diversified equity portfolio.
Quick facts
Disclaimer
Mutual fund investments are subject to market risks. Past returns do not guarantee future performance. This is for informational purposes only — not investment advice.