2 Top Rated Equity Saving Mutual Funds SIP With 35% Returns In 5 years; Check Returns

In recent years, an increasing number of investors have chosen mutual funds based on their enticing recent performance. Equity Saving schemes are also getting a major boost as returns are promising. These 2 equity saving scheme rated by value research offered good returns. Read to know more about the finds returns and other details.

Sundaram Equity Savings Fund - Direct Plan - Growth Accumulation Plan

Launched on 23 May 2002, Sundaram Equity Savings Fund Direct-Growth is a Hybrid Equity Savings mutual fund scheme from Sundaram Mutual Fund. It is open-ended medium-sized fund of its category. It has an AUM of Rs 310.55 crores and a current NAV of Rs 54.222 as of March 3, 2022. Sudhir Kedia, Dwijendra Srivastava, and Rohit Seksaria now manage the fund. The cost ratio of the fund is 0.65%, which is similar to the category average. This plan requires a minimum SIP investment of Rs 500. This fund received a five-star rating from Value Research.

The Fund presently has a 34.74 percent equity allocation and a 16.26 percent debt exposure. The financial, technology, consumer staples, automobile, and chemical sectors make up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the Financial and Technology industries.

Annualised and Absolute Returns

1-Year	2-Year	3-Year	5-Year	Since Inception
12.99%	18.30%	13.49%	10.84%	9.17%

SIP Returns

Period	Absolute Returns	Annualised Returns
1 Year	4.91%	9.26%
2 Year	19.10%	17.85%
3 Year	26.46%	15.87%
5 Year	36.93%	12.53%

Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct plan - Growth

Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct - Growth is a Hybrid Equity Savings mutual fund scheme from the house of Mahindra Manulife Mutual Fund. The fund began operations on February 1, 2017. It's a tiny open-ended equities saving fund. As of March 3, 2022, the fund's Direct - Growth plan has Rs 393 Crores in AUM. As of March 3, 2022, the most recent NAV declared is Rs 16.719 per share. The fund's cost ratio is 0.73 percent, which is comparable to the category's average. Rahul Pal, Fatema Pacha, and Manish Lodha now manage the fund. This fund received a four-star rating from Value Research.

The fund currently has a 40.94 percent stock allocation and a 15.40 percent debt exposure. The financial, energy, technology, automobile, and construction industries make up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the Financial and Energy sectors.

Annualised and Absolute Returns

1-Year	2-Year	3-Year	5-Year	Since Inception
11.00%	16.61%	14.02%	10.64%	10.64%

SIP Returns

Period	Absolute Returns	Annualised Returns
1 Year	2.86%	5.37%
2 Year	17.65%	16.53%
3 Year	24.87%	14.98%
5 Year	35.46%	12.10%

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.