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2 Best Performing 3-Years Equity Savings SIPs With Over 20% Returns You Can Bet On In 2022
Sundaram Equity Savings Fund, Mahindra Manulife Equity Savings Dhan Sanchay Yojana, Nifty Equity Savings, Mahindra Mutual funds, mutual fund, SIP, Mutual fund, Investment,
The Equity Savings Fund is one of the most clever hybrid funds when it comes to allocation logic. This fund is a mix of equities, debt, and cash-futures arbitrage in a nutshell. Here, we have highlighted two top-performing equity savings funds on 3-years SIP that has given over 20% returns. The funds has also outperformed the category average returns in every tenure.
Sundaram Equity Savings Fund - Direct Plan-Growth Accumulation Plan
The fund was launched on 01 February 2017 by the Sundaram Mutual Funds. It is a hybrid open-ended mutual fund scheme with outperforming returns. The fund is a medium-sized fund of its category.
The fund has worth Rs 333.79 crore of Assets Under Management (AUM). It has a Net Asset Value (NAV) of Rs 53.8869 declared on May 09, 2022. Its expense ratio is 0.65%, which is less than its category average expense ratio of 0.79%.
The fund is unrated as it is a new fund. The fund is rated a moderately highly risky fund. It aims to provide capital appreciation and income distribution by using equity and equity-related instruments, arbitrage opportunities and investments in debt and money market instruments.
NIFTY Equity Savings Is the fund's benchmark. The minimum investment amount required in this fund for Lump-Sum payment and SIP is Rs 100. It has no lock-in period. There is also Rs 0 exit load in this fund.
The fund has 69.52% investment in equities of which 40.5% is in large-cap stocks, 15.04% is in mid-cap stocks, and 4.72% in small-cap stocks. The fund has 9.1% investment in Debt of which 6.37% in Government securities, and 2.74% in funds invested in very low-risk securities.
The fund's equity portion is primarily invested in the Financial, Technology, Automobile, Consumer Staples, and Materials sectors. The fund's top holdings are in GOI, Asian Paints Ltd., Tech Mahindra Ltd., Ashok Leyland Ltd., and ICICI Bank Ltd.
Absolute And Annualised Returns
Lump-Sum investment Returns
Since its launch, it has delivered 8.90% average annual returns.
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 12.54% | 12.47% |
| 2 Year | 45.92% | 20.77% |
| 3 Year | 43.45% | 12.77% |
| 5 Year | 59.79% | 9.82% |
| Since Inception | 122.05% | 8.90% |
SIP Returns
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 1.34% | 2.50% |
| 2 Year | 13.57% | 12.77% |
| 3 Year | 22.56% | 13.68% |
| 5 Year | 33.49% | 11.50% |
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct plan - Growth
This equity saving fund is a 5-year old hybrid fund launched on 01 February 2017 by the Mahindra Manulife Mutual Fund. This fund is an open-ended fund small fund of its category. The Assets Under the Management of this fund are worth Rs 413.34 crores. The NAV of this fund declared on 09th May 2022 is Rs 16.728. The expense ratio is below the category average at 0.62%.
This fund is a moderately high risky fund for investment. This fund is unrated. The fund aims to generate long term capital appreciation and also income through investments in equity and equity-related instruments, arbitrage opportunities and investments in debt and money market instruments.
NIFTY Equity Savings is the fund's benchmark. The minimum investment amount required is Rs 1,000 for Lump-Sum Payment. For Additional investment, the amount is Rs 1,000. For SIP it is Rs 500. The Lock-in period is not applicable in this fund. The fund charges 1% on redemption for units in excess of 10% of the investment within 365 days.
The fund has 65.81% investment in equities of which 51.24% is in large-cap stocks, 9.27% is in mid-cap stocks, and 2.35% in small-cap stocks. Fund has 17.69% investment in Debt of which 4.24% in Government securities, and 13.45% in funds invested in very low-risk securities.
The fund's equity portion is primarily invested in the Financial, Energy, Technology, Consumer Staples, and Automobile sectors. The fund's top holdings are in Reliance Industries Ltd., State Bank of India, GOI, ICICI Bank Ltd., and Export-Import Bank Of India.
Absolute And Annualised Returns
Lump-Sum Investment Returns
Since its launch, it has delivered 10.26% average annual returns.
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 10.34% | 10.28% |
| 2 Year | 47.68% | 21.49% |
| 3 Year | 44.46% | 13.03% |
| 5 Year | 59.28% | 9.75% |
| Since Inception | 67.28% | 10.26% |
SIP Returns
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 0.36% | 0.67% |
| 2 Year | 12.72% | 11.99% |
| 3 Year | 21.66% | 13.17% |
| 5 Year | 32.91% | 11.33% |
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.
