These Two Top Rated Hybrid Equity Saving Funds Are Good To Buy: Rated By Value Research

Equity Savings Funds are hybrid mutual funds that invest in equities, Fixed Deposit-like assets, and risk-free hedging instruments in nearly equal amounts. These products often offer higher returns than bank Fixed Deposits with identical terms. Here, in this article, we have highlighted two 5-Star rated equity savings (Hybrid) funds rated by Value Research. These two top rated funds have also offered good returns over the years.

Edelweiss Equity Savings Fund - Direct Plan-Growth

This is an Equity Savings mutual fund scheme is an open-ended medium-sized fund of its category from the house of Edelweiss Mutual Fund. This fund was launched on 13th October 2014. This fund ahs worth Rs 321.42 Crore Asset under Management (AUM). The Net Asset Value or NAV as of 02 May 2022 is Rs 19.3969. The expense ratio of this fund is 0.71%, which is close to its category average, however, it is below the average.

 The has delivered 9.16% annual average returns since its launch. The minimum lump-sum investment amount required in this fund Is Rs 5,000, and for SIP, it is Rs 500. There is no lock-in period and exit load in this fund. 

The fund has a 45.94% allocation to equity and 24.64% to Debt. The fund's equity portion is primarily invested in the Financial, Automobile, Energy, Services, and Technology sectors. The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great. 

Annualised Returns

1 Year	2 Year	3 Year	5 Year	Since Inception
9.87%	13.60%	10.64%	9.81%	9.16%

Mirae Asset Equity Savings Fund - Direct Plan-Growth

Launched on 18th December 2018 by the Mirae Asset Mutual Fund, this is an open-ended steady income fund. The fund is a medium-sized fund of its category with an AUM of Rs 510.79 Crores. The NAV of this fund declared on 02 May 2022 is Rs 15.043. It has an expense ratio of 0.4%, which is less than its category average expense ratio. 

Since its launch, it has delivered 12.86% average annual returns. To start investment in this fund, the minimum amount required is Rs 5,000 and for SIP, it is Rs 1,000. The Lock-in period is not applicable here in this fund. However, it charges 1% in the redemption of investments above 15% within 365 days or 1 year. 

The fund has a 39.40% allocation to equity and 21.34% to Debt. The fund's equity portion is primarily invested in the Financial, Healthcare, Technology, Services, and Energy sectors. The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.

Annualised Returns

1 Year	2 Year	3 Year	Since Inception
10.74%	19.44%	13.03%	12.86%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.