Best Equity Savings Fund Mutual Funds
Equity Savings funds split across equity, arbitrage and debt. The hedged portion lowers volatility while the fund still qualifies for equity taxation.
We currently track 8 direct-plan Equity Savings Fund schemes from 8 fund houses with a median 5-year CAGR of 7.9%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 8 of 8 schemes · sorted by Y5 low to high · page 1 of 1
- Invesco India Equity Savings Fund - Direct Plan - GrowthInvesco · Hybrid₹18.72#11Y-1.18%3Y+8.11%5Y+7.07%10Y—
- Axis Equity Savings Fund - Direct Plan - Growth OptionAxis · Hybrid₹26.10#21Y+2.63%3Y+8.63%5Y+7.28%10Y+9.32%
- Baroda BNP Paribas Equity Savings Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Hybrid₹18.43#31Y+2.72%3Y+8.76%5Y+7.85%10Y—
- UTI - Equity Savings Fund - Direct Plan - GrowthUTI · Hybrid₹19.87#41Y+1.04%3Y+7.52%5Y+7.98%10Y—
- Mahindra Manulife Equity Savings Fund - Direct Plan - GrowthMahindra Manulife · Hybrid₹25.35#51Y+3.58%3Y+8.78%5Y+8.07%10Y—
- Mirae Asset Equity Savings Fund - Direct Plan - GrowthMirae Asset · Hybrid₹22.76#61Y+3.49%3Y+9.49%5Y+8.53%10Y—
- HSBC Equity Savings Fund - Direct Plan - GrowthHSBC · Hybrid₹40.81#71Y+6.10%3Y+12.24%5Y—10Y—
- WhiteOak Capital Equity Savings Fund - Direct Plan - Growth OptionWhiteOak Capital · Hybrid₹11.69#81Y+4.88%3Y—5Y—10Y—
Equity Savings Fund funds — frequently asked questions
Which Equity Savings Fund fund has the highest 5-year CAGR?
Mirae Asset Equity Savings Fund - Direct Plan - Growth currently leads the Equity Savings Fund category with a 5-year CAGR of 8.5%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Equity Savings Fund fund?
Across the 8 Equity Savings Fund schemes we track, the median 5-year CAGR is 7.9%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.