Equity Savings Mutual Funds
Equity, arbitrage and debt together.
Taxed as an equity fund while behaving much more like a debt one, because a large part of the equity is hedged. The tax treatment is the point.
Who it suits. Money with a two- to three-year horizon that would otherwise sit in a debt fund. Hold for 2 to 3 years.
Direct plans in this category
- Kotak Equity Savings FundKotak Mahindra Mutual Fund · NAV ₹30.78 6.2% 11.0% 10.8%
- Edelweiss Equity Savings FundEdelweiss Mutual Fund · NAV ₹30.64 8.7% 12.0% 10.2%
- Mirae Asset Equity Savings FundMirae Asset Mutual Fund · NAV ₹23.16 6.5% 10.7% 9.7%
- Mahindra Manulife Equity Savings FundMahindra Manulife Mutual Fund · NAV ₹25.80 7.3% 10.4% 9.6%
- UTI - Equity Savings FundUTI Mutual Fund · NAV ₹20.39 5.1% 9.2% 9.5%
- Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual Fund · NAV ₹18.92 6.5% 10.4% 9.1%
- HDFC Equity Savings FundHDFC Mutual Fund · NAV ₹77.09 4.0% 9.2% 9.1%
- Tata Equity Savings FundTata Mutual Fund · NAV ₹63.75 7.5% 10.6% 8.9%
- SBI EQUITY SAVINGS FUNDSBI Mutual Fund · NAV ₹27.49 3.6% 9.1% 8.8%
- Axis Equity Savings FundAxis Mutual Fund · NAV ₹26.71 6.4% 10.4% 8.6%
- Invesco India Equity Savings FundInvesco Mutual Fund · NAV ₹19.05 0.7% 9.3% 8.2%
- DSP Equity Savings FundDSP Mutual Fund · NAV ₹25.26 3.2% 8.9% 8.1%
- Franklin India Equity Savings FundFranklin Templeton Mutual Fund · NAV ₹18.78 4.5% 7.8% 7.7%
- Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2)Nippon India Mutual Fund · NAV ₹18.34 3.9% 7.5% 7.5%
- Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual Fund · NAV ₹26.13 6.4% 8.7% 7.4%
- BANDHAN EQUITY SAVINGS FUNDBandhan Mutual Fund · NAV ₹36.50 5.0% 7.7% 7.2%
- PGIM India Equity Savings FundPGIM India Mutual Fund · NAV ₹58.54 4.7% 7.2% 6.9%
- Union Equity Savings FundUnion Mutual Fund · NAV ₹18.27 4.3% 7.6% 6.7%
- Bajaj Finserv Equity Savings FundBajaj Finserv Mutual Fund · NAV ₹10.53 — — —
- HSBC Equity Savings FundHSBC Mutual Fund · NAV ₹41.38 9.8% 14.1% —
- LIC MF Equity Savings FundLIC Mutual Fund · NAV ₹32.86 4.7% 9.7% —
- Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)Sundaram Mutual Fund · NAV ₹84.84 3.2% 10.1% —
- WhiteOak Capital Equity Savings FundWhiteOak Capital Mutual Fund · NAV ₹11.83 — — —
- quant Equity Savings Fundquant Mutual Fund · NAV ₹10.90 — — —
Point-to-point CAGR from AMFI NAV history, Direct plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Equity Savings fund?
Equity, arbitrage and debt together. Taxed as an equity fund while behaving much more like a debt one, because a large part of the equity is hedged. The tax treatment is the point.
Who should invest in Equity Savings funds?
Money with a two- to three-year horizon that would otherwise sit in a debt fund. A sensible holding period is 2 to 3 years.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.