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Equity Savings Mutual Funds

Equity savings funds are open-ended mutual fund schemes that fall under the Hybrid category introduced by the SEBI. These funds generate returns by investing in equity, debt, derivatives, and arbitrage. It is a relatively newer financial instrument in the Indian market and is considered safer than pure equity funds and more tax-efficient than pure debt funds. View More

The investment pattern these funds use sets them apart from traditional schemes. With equity savings schemes, about 30-35% of the assets are invested in equity while the remaining is put in debt funds and arbitrages. As they are a mix of segments, they help maximize returns while maintaining an efficient risk-reward ratio.

Diversification of investments helps neutralize market volatility to an extent. These funds are an excellent option for investors who generate high returns with minimum risk. They are also perfect for individuals seeking capital generation to meet their short-term goals.

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List of Equity Savings Mutual Funds

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Red hexagonal emblem with two white trianglesHSBC Equity Savings Fund - Direct Growth

11.44%

Fund Size (Cr.) - 1,326

Invest
White flower-inspired icon with blue backgroundEdelweiss Equity Savings Fund-Dir Growth

9.04%

Fund Size (Cr.) - 1,530

Invest
Blue and red infinity-style symbol with Kotak Mutual fund written in whiteKotak Equity Savings Fund - Direct Growth

7.69%

Fund Size (Cr.) - 10,409

Invest
MIRAE ASSET written in blue with orange curved arrow.Mirae Asset Equity Savings Fund - Direct Growth

7.24%

Fund Size (Cr.) - 2,007

Invest
Mahindra written in redMahindra Manulife Equity Savings Fund - Dir Growth

8.41%

Fund Size (Cr.) - 535

Invest
Multi-colored banking logo with orange and green as primary colors and two abstract elementsBaroda BNP Paribas Equity Savings Fund - Direct Growth

7.36%

Fund Size (Cr.) - 286

Invest
Burgundy triangular symbolAXIS Equity Savings Fund - Direct Growth

7.30%

Fund Size (Cr.) - 889

Invest
s and f written in blue bold fontSundaram Equity Savings Fund - Direct Growth

3.89%

Fund Size (Cr.) - 1,032

Invest
Blue hand and diya inside yellow flowerLIC MF Equity Savings Fund - Direct Growth

5.24%

Fund Size (Cr.) - 38

Invest
Black and red square logo with a few white rectangles and a red rectangleHDFC Equity Savings Fund - Direct Growth

5.09%

Fund Size (Cr.) - 5,699

Invest
View More

Who Should Invest in Equity Savings Mutual Funds?

Equity savings are low-risk mutual fund schemes that offer good returns over the short to medium term. Moreover, some of these even provide investors dividend incomes regularly. View More

Let us see what type of investors should consider these funds.

  • The ESS scheme has always remained popular among investors who look for low-risk equity funds. Equity savings funds are a more secure investment option with returns similar to equity schemes.
  • Investors with a short investment horizon looking for great returns to grow their capital should choose these funds. As they are low-risk, they also suit conservative investors in search of an alternative to conservative saving methods.
  • If you want to invest for less than two years for your investment, this type of fund can help you fulfill your investment goals. However, the ideal investment horizon is over one year to realize gains from these funds. It should also be noted that these funds are not an ideal substitute for equity funds as the latter gives better returns over the long term.

Popular Equity Savings Mutual Funds

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 1,326
  • 3Y Returns
  • 13.98%

  • HSBC Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Cheenu Gupta. With an impressive AUM of ₹1,326 Crores, this scheme's latest NAV is ₹41.2437 as of 8/14/2026 12:00:00 AM.


    HSBC Equity Savings Fund - Direct Growth scheme has delivered a return performance of 11.44% in the last 1 year, 13.98% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 1000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 1000
  • AUM (Cr.)
  • ₹ 1,326
  • 3Y Returns
  • 13.98%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,530
  • 3Y Returns
  • 11.75%

  • Edelweiss Equity Savings Fund-Dir Growth is an Equity Savings scheme that was launched on 22-09-2014 and is currently under the management of our experienced fund manager Bharat Lahoti. With an impressive AUM of ₹1,530 Crores, this scheme's latest NAV is ₹30.4664 as of 8/14/2026 12:00:00 AM.


    Edelweiss Equity Savings Fund-Dir Growth scheme has delivered a return performance of 9.04% in the last 1 year, 11.75% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,530
  • 3Y Returns
  • 11.75%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,409
  • 3Y Returns
  • 11.09%

  • Kotak Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 17-09-2014 and is currently under the management of our experienced fund manager Devender Singhal. With an impressive AUM of ₹10,409 Crores, this scheme's latest NAV is ₹30.8552 as of 8/14/2026 12:00:00 AM.


    Kotak Equity Savings Fund - Direct Growth scheme has delivered a return performance of 7.69% in the last 1 year, 11.09% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,409
  • 3Y Returns
  • 11.09%

  • Min SIP Investment Amt
  • ₹ 99
  • AUM (Cr.)
  • ₹ 2,007
  • 3Y Returns
  • 10.73%

  • Mirae Asset Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 26-11-2018 and is currently under the management of our experienced fund manager Harshad Borawake. With an impressive AUM of ₹2,007 Crores, this scheme's latest NAV is ₹23.158 as of 8/14/2026 12:00:00 AM.


    Mirae Asset Equity Savings Fund - Direct Growth scheme has delivered a return performance of 7.24% in the last 1 year, 10.73% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 99, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 99
  • AUM (Cr.)
  • ₹ 2,007
  • 3Y Returns
  • 10.73%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 535
  • 3Y Returns
  • 10.49%

  • Mahindra Manulife Equity Savings Fund - Dir Growth is an Equity Savings scheme that was launched on 10-01-2017 and is currently under the management of our experienced fund manager Renjith Sivaram. With an impressive AUM of ₹535 Crores, this scheme's latest NAV is ₹25.8073 as of 8/14/2026 12:00:00 AM.


    Mahindra Manulife Equity Savings Fund - Dir Growth scheme has delivered a return performance of 8.41% in the last 1 year, 10.49% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 535
  • 3Y Returns
  • 10.49%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 286
  • 3Y Returns
  • 10.39%

  • Baroda BNP Paribas Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 04-07-2019 and is currently under the management of our experienced fund manager Jitendra Sriram. With an impressive AUM of ₹286 Crores, this scheme's latest NAV is ₹18.9477 as of 8/14/2026 12:00:00 AM.


    Baroda BNP Paribas Equity Savings Fund - Direct Growth scheme has delivered a return performance of 7.36% in the last 1 year, 10.39% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 286
  • 3Y Returns
  • 10.39%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 889
  • 3Y Returns
  • 10.35%

  • AXIS Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 27-07-2015 and is currently under the management of our experienced fund manager Mayank Hyanki. With an impressive AUM of ₹889 Crores, this scheme's latest NAV is ₹26.78 as of 8/14/2026 12:00:00 AM.


    AXIS Equity Savings Fund - Direct Growth scheme has delivered a return performance of 7.30% in the last 1 year, 10.35% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 889
  • 3Y Returns
  • 10.35%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,032
  • 3Y Returns
  • 10.09%

  • Sundaram Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Rohit Seksaria. With an impressive AUM of ₹1,032 Crores, this scheme's latest NAV is ₹84.7913 as of 8/14/2026 12:00:00 AM.


    Sundaram Equity Savings Fund - Direct Growth scheme has delivered a return performance of 3.89% in the last 1 year, 10.09% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 1,032
  • 3Y Returns
  • 10.09%

  • Min SIP Investment Amt
  • ₹ 200
  • AUM (Cr.)
  • ₹ 38
  • 3Y Returns
  • 9.63%

  • LIC MF Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Siddharth Panjwani. With an impressive AUM of ₹38 Crores, this scheme's latest NAV is ₹32.7777 as of 8/14/2026 12:00:00 AM.


    LIC MF Equity Savings Fund - Direct Growth scheme has delivered a return performance of 5.24% in the last 1 year, 9.63% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 200, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 200
  • AUM (Cr.)
  • ₹ 38
  • 3Y Returns
  • 9.63%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 5,699
  • 3Y Returns
  • 9.24%

  • HDFC Equity Savings Fund - Direct Growth is an Equity Savings scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Anil Bamboli. With an impressive AUM of ₹5,699 Crores, this scheme's latest NAV is ₹77.161 as of 8/14/2026 12:00:00 AM.


    HDFC Equity Savings Fund - Direct Growth scheme has delivered a return performance of 5.09% in the last 1 year, 9.24% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Equity Savings.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 5,699
  • 3Y Returns
  • 9.24%
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