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Best Equity Savings Mutual Funds

Equity savings mutual funds are hybrid funds investing in a mix of debt, equities and arbitrage opportunities. The aim of these funds is to balance future growth with lower volatility and overall stability.

Equity savings mutual funds are hybrid in nature, investing in a combination of debt, arbitrage and equity to enable a mix of growth and lower volatility. They are ideal for investors who prefer moderate risks. They enable equity-driven capital appreciation without the risks associated with pure equity funds.

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List of Equity Saving Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y ReturnsRatingFund Size (in Cr)Exit Load
Edelweiss Equity Savings Fund
HybridModerate28.690.619.7%12.3%12.0%5₹946
Exit load of 0.25%, if redeemed within 30 days.
ICICI Prudential Equity Savings Fund
HybridModerate24.710.57.6%9.3%10.1%5₹16,487
Exit load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days
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Kotak Equity Savings Fund
HybridModerately High29.600.678.1%12.6%12.4%4₹8,782
Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 90 days.
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UTI Equity Savings Fund
HybridModerately High19.860.647.5%11.5%12.5%4₹746
Exit load of 1%, if redeemed within 30 days.
DSP Equity Savings Fund
HybridModerate24.800.65.7%10.9%11.5%4₹3,773
-
Bandhan Equity Savings Fund
HybridLow to Moderate35.240.196.8%8.6%9.0%4₹354
Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days.
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PGIM India Equity Savings Fund
HybridLow to Moderate56.670.586.6%7.9%9.2%4₹70
-
HSBC Equity Savings Fund
HybridModerate38.200.665.7%14.4%14.0%3₹723
Exit load for units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
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Sundaram Equity Savings Fund
HybridModerate83.450.67.6%12.6%12.8%3₹1,152
Exit load of 0.5% if redeemed within 7 days.
Mirae Asset Equity Savings Fund
HybridModerately High22.220.368.7%12.2%12.7%3₹1,669
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days.
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SBI Equity Savings Fund
HybridHigh26.770.985.0%11.4%11.8%3₹6,169
Exit load of 0.10% if redeemed within 15 days.
HDFC Equity Savings Fund
HybridModerately High75.250.936.0%11.0%13.1%3₹5,739
Exit load For units in excess of 15% of the investment,1% will be charged for redemption within 1 month.
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Tata Equity Savings Fund
HybridLow to Moderate63.180.516.8%10.6%10.5%3₹270
Exit load of 0.25%, if redeemed within 7 days.
Aditya Birla Sun Life Equity Savings Fund
HybridModerate24.980.548.6%9.5%10.0%3₹911
Exit load of 0.25%, if redeemed within 7 days.
Franklin India Equity Savings Fund
HybridModerate18.250.336.6%9.0%10.7%3₹656
-
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Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Edelweiss Equity Savings Fund Direct Growth

Fund Performance: The Edelweiss Equity Savings Fund has given 12.34% annualized returns in the past three years and 11.97% in the last 5 years. The Edelweiss Equity Savings Fund comes under the Hybrid category of Edelweiss Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Equity Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹946Cr
1Y Returns9.7%

ICICI Prudential Equity Savings Fund Direct Growth

Fund Performance: The ICICI Prudential Equity Savings Fund has given 9.34% annualized returns in the past three years and 10.09% in the last 5 years. The ICICI Prudential Equity Savings Fund comes under the Hybrid category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹16,487Cr
1Y Returns7.6%

Kotak Equity Savings Fund Direct Growth

Fund Performance: The Kotak Equity Savings Fund has given 12.64% annualized returns in the past three years and 12.42% in the last 5 years. The Kotak Equity Savings Fund comes under the Hybrid category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Equity Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹8,782Cr
1Y Returns8.1%

UTI Equity Savings Fund Direct Growth

Fund Performance: The UTI Equity Savings Fund has given 11.47% annualized returns in the past three years and 12.48% in the last 5 years. The UTI Equity Savings Fund comes under the Hybrid category of UTI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in UTI Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹746Cr
1Y Returns7.5%

DSP Equity Savings Fund Direct Growth

Fund Performance: The DSP Equity Savings Fund has given 10.94% annualized returns in the past three years and 11.47% in the last 5 years. The DSP Equity Savings Fund comes under the Hybrid category of DSP Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in DSP Equity Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹3,773Cr
1Y Returns5.7%

Bandhan Equity Savings Fund Direct Growth

Fund Performance: The Bandhan Equity Savings Fund has given 8.62% annualized returns in the past three years and 9% in the last 5 years. The Bandhan Equity Savings Fund comes under the Hybrid category of IDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Equity Savings Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹354Cr
1Y Returns6.8%

PGIM India Equity Savings Fund Direct Growth

Fund Performance: The PGIM India Equity Savings Fund has given 7.88% annualized returns in the past three years and 9.21% in the last 5 years. The PGIM India Equity Savings Fund comes under the Hybrid category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹70Cr
1Y Returns6.6%

HSBC Equity Savings Fund Direct Growth

Fund Performance: The HSBC Equity Savings Fund has given 14.42% annualized returns in the past three years and 14.03% in the last 5 years. The HSBC Equity Savings Fund comes under the Hybrid category of HSBC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HSBC Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹723Cr
1Y Returns5.7%

Sundaram Equity Savings Fund Direct Growth

Fund Performance: The Sundaram Equity Savings Fund has given 12.55% annualized returns in the past three years and 12.76% in the last 5 years. The Sundaram Equity Savings Fund comes under the Hybrid category of Sundaram Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Equity Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,152Cr
1Y Returns7.6%

Mirae Asset Equity Savings Fund Direct Growth

Fund Performance: The Mirae Asset Equity Savings Fund has given 12.15% annualized returns in the past three years and 12.71% in the last 5 years. The Mirae Asset Equity Savings Fund comes under the Hybrid category of Mirae Asset Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹99.

Min Investment Amt₹5,000
AUM₹1,669Cr
1Y Returns8.7%

SBI Equity Savings Fund Direct Growth

Fund Performance: The SBI Equity Savings Fund has given 11.43% annualized returns in the past three years and 11.78% in the last 5 years. The SBI Equity Savings Fund comes under the Hybrid category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Equity Savings Fund via lump sum is ₹1,000 and via SIP is ₹500.

Min Investment Amt₹1,000
AUM₹6,169Cr
1Y Returns5.0%

HDFC Equity Savings Direct Plan Growth

Fund Performance: The HDFC Equity Savings Fund has given 11.01% annualized returns in the past three years and 13.12% in the last 5 years. The HDFC Equity Savings Fund comes under the Hybrid category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Equity Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹5,739Cr
1Y Returns6.0%

Tata Equity Savings Fund Direct Growth

Fund Performance: The Tata Equity Savings Fund has given 10.55% annualized returns in the past three years and 10.49% in the last 5 years. The Tata Equity Savings Fund comes under the Hybrid category of Tata Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Tata Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹270Cr
1Y Returns6.8%

Aditya Birla Sun Life Equity Savings Fund Direct Growth

Fund Performance: The Aditya Birla Sun Life Equity Savings Fund has given 9.54% annualized returns in the past three years and 9.96% in the last 5 years. The Aditya Birla Sun Life Equity Savings Fund comes under the Hybrid category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Equity Savings Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹911Cr
1Y Returns8.6%

Franklin India Equity Savings Fund Direct Growth

Fund Performance: The Franklin India Equity Savings Fund has given 9.03% annualized returns in the past three years and 10.67% in the last 5 years. The Franklin India Equity Savings Fund comes under the Hybrid category of Franklin Templeton Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹656Cr
1Y Returns6.6%

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