Who Should Invest in Equity Savings Mutual Funds?
Features of Equity Savings Mutual Funds
Factors to consider while investing in Equity Savings Funds
Taxability of Equity Savings Funds
Risk Involved With Equity Savings Funds
Advantages of Equity Savings Funds
Popular Equity Savings Mutual Funds
- Fund Name
- Min SIP Investment Amt
- AUM (Cr.)
- 3Y Return
SBI Equity Savings Fund is an Equity Savings scheme that was launched on 27-05-15 and is currently under the management of our experienced fund manager Neeraj Kumar. With an impressive AUM of ₹2,256 Crores, this scheme's latest NAV is ₹20.1035 as of 02-06-23.
SBI Equity Savings Fund scheme has delivered a return performance of 8.8% in the last 1 year, 13.8% in the last 3 years, and an 9.1% since its launch. With a minimum SIP investment of just ₹1,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹1,000
- AUM (Cr.)
- ₹2,256
- 3Y Return
- 8.8%
HDFC Equity Savings Fund is an Equity Savings scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Anil Bamboli. With an impressive AUM of ₹2,568 Crores, this scheme's latest NAV is ₹57.018 as of 02-06-23.
HDFC Equity Savings Fund scheme has delivered a return performance of 9.9% in the last 1 year, 15.2% in the last 3 years, and an 10.1% 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 funds.
- Min SIP Investment Amt
- ₹100
- AUM (Cr.)
- ₹2,568
- 3Y Return
- 9.9%
ICICI Pru Equity Savings Fund is an Equity Savings scheme that was launched on 05-12-14 and is currently under the management of our experienced fund manager Kayzad Eghlim. With an impressive AUM of ₹4,583 Crores, this scheme's latest NAV is ₹19.7 as of 02-06-23.
ICICI Pru Equity Savings Fund scheme has delivered a return performance of 7.5% in the last 1 year, 11.4% in the last 3 years, and an 8.3% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹4,583
- 3Y Return
- 7.5%
Mirae Asset Equity Savings Fund is an Equity Savings scheme that was launched on 17-12-18 and is currently under the management of our experienced fund manager Harshad Borawake. With an impressive AUM of ₹572 Crores, this scheme's latest NAV is ₹16.379 as of 02-06-23.
Mirae Asset Equity Savings Fund scheme has delivered a return performance of 10.4% in the last 1 year, 15.6% in the last 3 years, and an 11.7% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹572
- 3Y Return
- 10.4%
Kotak Equity Savings Fund is an Equity Savings scheme that was launched on 13-10-14 and is currently under the management of our experienced fund manager Devender Singhal. With an impressive AUM of ₹2,171 Crores, this scheme's latest NAV is ₹21.7325 as of 02-06-23.
Kotak Equity Savings Fund scheme has delivered a return performance of 10.8% in the last 1 year, 13.1% in the last 3 years, and an 9.4% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹2,171
- 3Y Return
- 10.8%
Aditya Birla SL Equity Savings Fund is an Equity Savings scheme that was launched on 28-11-14 and is currently under the management of our experienced fund manager Dhaval Shah. With an impressive AUM of ₹456 Crores, this scheme's latest NAV is ₹19.64 as of 02-06-23.
Aditya Birla SL Equity Savings Fund scheme has delivered a return performance of 9% in the last 1 year, 12.2% in the last 3 years, and an 8.3% since its launch. With a minimum SIP investment of just ₹1,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹1,000
- AUM (Cr.)
- ₹456
- 3Y Return
- 9%
AXIS Equity Saver Fund is an Equity Savings scheme that was launched on 14-08-15 and is currently under the management of our experienced fund manager R Sivakumar. With an impressive AUM of ₹939 Crores, this scheme's latest NAV is ₹19.2 as of 02-06-23.
AXIS Equity Saver Fund scheme has delivered a return performance of 8.8% in the last 1 year, 13% in the last 3 years, and an 8.7% 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 funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹939
- 3Y Return
- 8.8%
Tata Equity Saving Fund is an Equity Savings scheme that was launched on 08-01-13 and is currently under the management of our experienced fund manager Sailesh Jain. With an impressive AUM of ₹120 Crores, this scheme's latest NAV is ₹48.5894 as of 02-06-23.
Tata Equity Saving Fund scheme has delivered a return performance of 7.9% in the last 1 year, 11.7% in the last 3 years, and an 8% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹120
- 3Y Return
- 7.9%
Bandhan Equity Savings Fund is an Equity Savings scheme that was launched on 03-01-14 and is currently under the management of our experienced fund manager Nemish Sheth. With an impressive AUM of ₹93 Crores, this scheme's latest NAV is ₹28.496 as of 02-06-23.
Bandhan Equity Savings Fund scheme has delivered a return performance of 7.6% in the last 1 year, 10.6% in the last 3 years, and an 7.3% since its launch. With a minimum SIP investment of just ₹1,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.
- Min SIP Investment Amt
- ₹1,000
- AUM (Cr.)
- ₹93
- 3Y Return
- 7.6%
Frequently Asked Questions
How to invest in equity savings mutual funds?
Investing in equity savings funds is relatively easy with 5Paisa. You can simply register online on the website or app of any online trading service and select the mutual fund you want to invest in. Next, you can select between lumpsum or SIP and complete your payment.
Where do equity savings mutual funds invest?
Equity savings funds invest money into three areas. The first is the equities that focus on portfolio diversification. The other part is invested in debt, which does not have a lot of credit or interest rate risk. The third part is arbitrage, where the objective is to generate returns by leveraging the mispricing opportunities in different markets.
What are the benefits of investing in equity mutual savings?
Investing in equity savings provides a dual advantage of income distribution and capital generation through a diversified portfolio. The fund actively uses hedged and unhedged strategies to manage risk and increase returns. This approach also helps deal with volatility and uncertainty in the stock market.
How long should you hold your investment in equity savings funds?
As these funds invest in a mix of debt, equity, and arbitrage instruments, they are suitable for the medium to long term. One should consider investing them for at least one year and longer to see profits.
What is the minimum amount you should invest in equity savings funds?
Equity savings funds come from many fund houses, and the minimum investment amount varies according to the parent company and the fund. In general, the minimum amount for lumpsum investment is about INR 1000, while the minimum amount for SIP starts anywhere from INR 100. There is no upper limit for the amount you can invest in these mutual funds.
Do equity savings funds have any restrictions in terms of asset allocation?
As mandated by the SEBI, equity savings schemes should invest a minimum of 65% of the total assets in equity, including the arbitrage positions, while at least 10% should go into debt instruments. According to the regulations, a fund in this category can invest in equity and related securities, debt instruments, and arbitrage opportunities using hedging strategies.