HybridEquity SavingsDirectIDCWModerately High

HDFC Equity Savings Fund

Q: What is the NAV of HDFC Equity Savings Fund?

As of 20 Aug 2026, the NAV of HDFC Equity Savings Fund is ₹15.16 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has HDFC Equity Savings Fund delivered?

HDFC Equity Savings Fund has returned -1.88% over 1 year, +2.99% per year over 3 years, +2.54% per year over 5 years and +1.87% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of HDFC Equity Savings Fund?

HDFC Equity Savings Fund charges an expense ratio of 1.29% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of HDFC Equity Savings Fund?

Its largest holdings are HDFC Bank Ltd (7.7%), Reliance Industries Ltd (5.6%), ICICI Bank Ltd (5.6%), NTPC Ltd (4.0%) and Larsen & Toubro Ltd (3.8%). Holdings are disclosed monthly and change over time.

Q: How risky is HDFC Equity Savings Fund?

It is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 5.6% and its worst peak-to-trough fall in our sample was -23.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.63 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HDFC Equity Savings Fund's -0.63 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of HDFC Equity Savings Fund?

HDFC Equity Savings Fund is benchmarked against the NIFTY Equity Savings Total Return Index. Its alpha and beta on this page are measured against that index.

Q: Who manages HDFC Equity Savings Fund?

HDFC Equity Savings Fund is managed by Arun Agarwal, Nandita Menezes, Anil Bamboli and Srinivasan Ramamurthy at HDFC.

Q: How is HDFC Equity Savings Fund taxed?

HDFC Equity Savings Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

HDFC Mutual Fund · Best Equity Savings Mutual Funds

NAV

₹15.16

+0.14% 1D

as of 20 Aug 2026

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+9.16% 3Y CAGR)

NAV history

-1.79%CAGR

52-week rangePrev NAV ₹15.14

Latest ₹15.16

Low ₹14.6252nd percentile of its 52-week rangeHigh ₹15.67

Scorecard

★★☆☆☆2/5 vs 35 of 36 Equity Savings peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Equity Savings (same plan and option). 35 of the 36 Equity Savings funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +2.99% · ranks 21 of 36 Equity Savings funds

RiskModerate

Volatility 5.6% vs 5.9% category avg

CostAverage

1.3% expense vs 1.3% category avg

ConsistencyModerate

86% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Trails the Equity Savings average on 3M/6M/1Y — 1Y by 2.57pp
3-year return (+2.99%) trails the Equity Savings average (+4.53%)
5-year return (+2.54%) trails the Equity Savings average (+3.59%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 1.25%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 19.74

Excess return per unit of total volatility (rf = 6.5%)

-0.63

Category -0.31▼0.32

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

01 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.62%

Absolute return over the last 3 months (not annualized)

+1.37%

Absolute return over the last 6 months (not annualized)

-2.36%

Absolute return since 1 Jan of this year (not annualized)

-2.05%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-1.88%

3-year annualized return (CAGR)

+2.99%

5-year annualized return (CAGR)

+2.54%

10-year annualized return (CAGR)

+2.46%

Annualized return (CAGR) since the fund's inception

+1.87%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

5.60%

Excess return per unit of total volatility (rf = 6.5%)

-0.63

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.76

Largest peak-to-trough decline over full history

-23.63%

Benchmark ratios

Not shown for Equity Savings — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Equity Savings)

Period	Fund	Category avg.	Diff
1M abs	+0.62%	+0.50%	+0.12%
3M abs	+1.37%	+1.98%	-0.61%
6M abs	-2.36%	+0.03%	-2.39%
1Y CAGR	-1.88%	+0.69%	-2.57%
3Y CAGR	+2.99%	+4.53%	-1.54%
5Y CAGR	+2.54%	+3.59%	-1.05%

Category average across peers in Equity Savings (up to 36 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 36 peers in Equity Savings

1Y return

-1.88%

Beats 25% · rank #28

3Y return

+2.99%

Beats 41.2% · rank #21

5Y return

+2.54%

Beats 44.8% · rank #17

Sharpe

-0.63

Beats 36.1% · rank #24

Sortino

-0.76

Beats 36.1% · rank #24

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+2.8%

Median

+1.5%

Best

+26.4%

Worst

-16.6%

Positive periods

58.6%

152 overlapping 1Y windows, sampled monthly across the fund’s history.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-23.6%26 Dec 2017 → 23 Mar 2020
Fell over 2.2 years, back to the old high on 08 Feb 2021 — 11 months under water after the low.
-15.7%28 Jan 2015 → 24 May 2016
Fell over 16 months, back to the old high on 27 Nov 2017 — 1.5 years under water after the low.
-10.0%15 Jan 2013 → 14 Feb 2014
Fell over 13 months, back to the old high on 05 Jun 2014 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	-1.98%
2025	+1.84%
2024	+5.11%
2023	+7.73%
2022	+0.10%
2021	+10.16%
2020	+5.55%
2019	-1.94%
2018	-5.58%
2017	+9.07%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

Fund size over time

Quarterly average AUM · AMFI

₹5,682Cr

April - June 2026

-2%

since January - March 2026

At or near its largest, ₹5,823Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.31L

Absolute

+5.14%

XIRR

+2.04%

Value vs. invested

60 monthly installments of ₹10,000 into HDFC Equity Savings Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

3,341

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Equity Savings

Compare all


HDFC Equity Savings FundThis fund HDFC	★★☆☆☆	-1.88%	+2.99%	+2.54%	20.28	1.29%	₹5,682Cr
Edelweiss Equity Savings Fund Edelweiss	★★★★★	+7.22%	+11.40%	+9.54%	17.61	1.15%	₹1,344Cr
Kotak Equity Savings Fund Kotak Mahindra	★★★★☆	+6.23%	+11.00%	+10.57%	17.64	1.07%	₹9,931Cr
LIC MF Equity Savings Fund LIC	★★★★☆	+3.58%	+9.37%	—	—	1.93%	₹34.65Cr
Invesco India Equity Savings Fund Invesco	★★★★☆	+0.78%	+9.35%	+8.23%	20.78	1.49%	₹319.90Cr
LIC MF Equity Savings Fund LIC	★★★☆☆	+3.07%	+9.19%	—	—	1.93%	₹34.65Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap91.0%
Mid cap3.7%
Small cap5.3%

HDFC in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Equity Savings funds

Equity savings funds split money across equity, arbitrage and debt. The hedged portion lowers risk, so they sit between hybrid and debt funds on the risk ladder while keeping equity taxation.

Frequently asked questions

What is the NAV of HDFC Equity Savings Fund?

As of 20 Aug 2026, the NAV of HDFC Equity Savings Fund is ₹15.16 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has HDFC Equity Savings Fund delivered?

HDFC Equity Savings Fund has returned -1.88% over 1 year, +2.99% per year over 3 years, +2.54% per year over 5 years and +1.87% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of HDFC Equity Savings Fund?

HDFC Equity Savings Fund charges an expense ratio of 1.29% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of HDFC Equity Savings Fund?

Its largest holdings are HDFC Bank Ltd (7.7%), Reliance Industries Ltd (5.6%), ICICI Bank Ltd (5.6%), NTPC Ltd (4.0%) and Larsen & Toubro Ltd (3.8%). Holdings are disclosed monthly and change over time.

How risky is HDFC Equity Savings Fund?

It is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 5.6% and its worst peak-to-trough fall in our sample was -23.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.63 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HDFC Equity Savings Fund's -0.63 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of HDFC Equity Savings Fund?

HDFC Equity Savings Fund is benchmarked against the NIFTY Equity Savings Total Return Index. Its alpha and beta on this page are measured against that index.

Who manages HDFC Equity Savings Fund?

HDFC Equity Savings Fund is managed by Arun Agarwal, Nandita Menezes, Anil Bamboli and Srinivasan Ramamurthy at HDFC.

How is HDFC Equity Savings Fund taxed?

HDFC Equity Savings Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.