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.
Regular plans in this category
- Kotak Equity Savings FundKotak Mahindra Mutual Fund · NAV ₹27.70 5.1% 9.8% 9.6%
- Edelweiss Equity Savings FundEdelweiss Mutual Fund · NAV ₹27.46 7.6% 10.9% 8.9%
- Mirae Asset Equity Savings FundMirae Asset Mutual Fund · NAV ₹21.40 5.4% 9.6% 8.6%
- UTI - Equity Savings FundUTI Mutual Fund · NAV ₹18.96 4.1% 8.1% 8.5%
- SBI EQUITY SAVINGS FUNDSBI Mutual Fund · NAV ₹24.77 3.0% 8.5% 8.2%
- HDFC Equity Savings FundHDFC Mutual Fund · NAV ₹68.16 3.0% 8.1% 8.1%
- Tata Equity Savings FundTata Mutual Fund · NAV ₹56.36 6.9% 9.9% 8.0%
- Baroda BNP Paribas Equity Savings FundBaroda BNP Paribas Mutual Fund · NAV ₹17.51 5.3% 9.2% 7.9%
- Mahindra Manulife Equity Savings FundMahindra Manulife Mutual Fund · NAV ₹21.72 5.6% 8.6% 7.8%
- Axis Equity Savings FundAxis Mutual Fund · NAV ₹23.28 5.0% 9.1% 7.2%
- DSP Equity Savings FundDSP Mutual Fund · NAV ₹22.32 2.4% 8.0% 7.2%
- Franklin India Equity Savings FundFranklin Templeton Mutual Fund · NAV ₹17.04 3.7% 7.0% 6.6%
- Aditya Birla Sun Life Equity Savings FundAditya Birla Sun Life Mutual Fund · NAV ₹23.45 5.8% 8.1% 6.6%
- Invesco India Equity Savings FundInvesco Mutual Fund · NAV ₹16.83 -0.8% 7.6% 6.5%
- Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2)Nippon India Mutual Fund · NAV ₹16.45 2.8% 6.4% 6.5%
- Union Equity Savings FundUnion Mutual Fund · NAV ₹17.48 3.8% 7.1% 6.2%
- BANDHAN EQUITY SAVINGS FUNDBandhan Mutual Fund · NAV ₹32.55 4.0% 6.7% 6.1%
- PGIM India Equity Savings FundPGIM India Mutual Fund · NAV ₹51.27 3.9% 6.4% 6.0%
- Bajaj Finserv Equity Savings FundBajaj Finserv Mutual Fund · NAV ₹10.42 — — —
- HSBC Equity Savings FundHSBC Mutual Fund · NAV ₹36.95 8.8% 13.1% —
- LIC MF Equity Savings FundLIC Mutual Fund · NAV ₹28.78 3.6% 8.6% —
- Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)Sundaram Mutual Fund · NAV ₹71.90 1.7% 8.4% —
- WhiteOak Capital Equity Savings FundWhiteOak Capital Mutual Fund · NAV ₹11.58 — — —
- quant Equity Savings Fundquant Mutual Fund · NAV ₹10.70 — — —
Point-to-point CAGR from AMFI NAV history, Regular 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.