MIRAE ASSET EQUITY SAVINGS FUND LEADS EQUITY-SAVINGS MUTUAL FUNDS IN ONE-MONTH RETURNS; DELIVERS 2.5% GAIN
The one-month return chart for the equity-savings mutual fund category is led by Mirae Asset Equity Savings Fund, which delivered 2.5 percent. DSP Equity Savings Fund and HDFC Equity Savings Fund occupy the next two positions with returns of 2.2 percent and 2.2 percent, respectively, according to ACE MF data on July 6.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru Equity Savings Fund has the largest corpus at Rs 16,732.9 crore.
The benchmark comparison is also important. Mirae Asset Equity Savings Fund trailed its benchmark by 0.1 percentage points on a one-month basis, with the benchmark returning 2.6%. It was also ahead of its benchmark by 1.6 percentage points on a one-year basis, with the benchmark returning 2.7%.
The lead does not change on a six-month basis either. Mirae Asset Equity Savings Fund also tops this comparison with a return of 1.2 percent.
The order changes on a one-year basis. Kotak Equity Savings Fund delivered the strongest return among these five schemes at 4.8 percent.
The three-year return table also has Mirae Asset Equity Savings Fund in front, with the fund delivering 9.9 percent.
Looking at more than one return period gives investors a fuller picture. The top performer in a recent window may differ from the fund that has delivered stronger longer-term returns.
Table: Top 5 equity-savings funds by one-month return
| Fund name | 1-month return (%) | AUM (Rs crore) | 3-month return (%) | 6-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Equity Savings Fund | 2.5 | 1,949.7 | 5.0 | 1.2 | 4.3 | 9.9 |
| DSP Equity Savings Fund | 2.2 | 3,478.2 | 3.2 | 0.5 | 2.7 | 8.5 |
| HDFC Equity Savings Fund | 2.2 | 5,643.8 | 3.6 | -0.5 | 2.5 | 8.4 |
| Kotak Equity Savings Fund | 1.9 | 10,108.2 | 4.7 | 0.2 | 4.8 | 9.6 |
| ICICI Pru Equity Savings Fund | 1.4 | 16,732.9 | 2.2 | -0.5 | 2.8 | 7.2 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on July 6. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is an equity-savings fund?
Funds in the equity savings category should be assessed against schemes with similar investment mandates. Return comparisons across unrelated categories may not be meaningful because risk, asset allocation and portfolio strategy can differ sharply.
2026-07-07T07:55:23Z
