Aditya Birla Sun Life Equity Savings Fund vs HDFC Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Equity Savings Fund and HDFC Equity Savings Fund are both Equity Savings funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Equity Savings Fund (Direct) returned 7.7% a year and HDFC Equity Savings Fund (Direct) returned 8.3% a year. Aditya Birla Sun Life Equity Savings Fund charges 1.19% a year and HDFC Equity Savings Fund 1.30% (Direct plans). Their portfolios overlap 35.3%: they hold 51 of the same securities.
Aditya Birla Sun Life Equity Savings Fund
Equity Savings
- 3 year return
- 7.7%
- Expense ratio
- 1.19%
- NAV
- ₹25.78
HDFC Equity Savings Fund
Equity Savings
- 3 year return
- 8.3%
- Expense ratio
- 1.30%
- NAV
- ₹75.88
Which is better, Aditya Birla Sun Life Equity Savings or HDFC Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Equity Savings returned more over 5 years: 7.8% a year against 6.4%.
- HDFC Equity Savings returned more over 3 years: 8.3% a year against 7.7%.
- Aditya Birla Sun Life Equity Savings costs less: 1.19% a year against 1.30% (Direct plans).
- Aditya Birla Sun Life Equity Savings swung less over 3 years: a standard deviation of 2.8% a year against 4.7%.
- HDFC Equity Savings fell less in its worst fall since 01-12-2014: −16.9% against −17.8%.
- HDFC Equity Savings is the larger fund: ₹5,533 Cr against ₹1,116 Cr.
- Their portfolios overlap 35.3%: 51 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Equity Savings Fund | HDFC Equity Savings Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | HDFC Mutual Fund |
| Category | Equity Savings | Equity Savings |
| AUM | ₹1,116 Cr (30-09-2026) | ₹5,533 Cr (30-09-2026) |
| NAV | ₹25.78 (Direct) | ₹75.88 (Direct) |
| Expense ratio (Direct) | 1.19% | 1.30% |
| Expense ratio (Regular) | 1.67% | 2.20% |
| Riskometer | Moderate | Moderately High |
| Benchmark | Nifty Equity Savings TRI | Nifty Equity Savings Index |
| Launch date | 28-11-2014 | 17-09-2004 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Lovelish Solanki, Harshil Suvarnkar, Rohit Karan s | Anand Laddha, Anil Bamboli, Nandita Menezes, Arun Agarwal, Gopal Agrawal, Bhagyesh Kagalkar |
| Exit load | Exit load of 0.25%, if redeemed within 7 days. | Exit load For units in excess of 15% of the investment,1% will be charged for redemption within 1 month. |
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Equity Savings Fund (Direct) | −0.08% | −0.85% | +1.42% | +2.96% | +7.69% | +6.37% | +7.86% |
| HDFC Equity Savings Fund (Direct) | +0.47% | −1.25% | +0.85% | +0.39% | +8.28% | +7.85% | +9.27% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | +8.43% |
Category average: the average of the 23 Equity Savings funds, same plan type.
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Equity Savings | HDFCHDFC Equity Savings |
|---|---|---|
| 2026to date | +1.66% | −0.54% |
| 2025 | +9.50% | +7.84% |
| 2024 | +8.73% | +11.33% |
| 2023 | +12.52% | +14.83% |
| 2022 | 0.00% | +6.98% |
| 2021 | +14.04% | +17.74% |
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,195 of them, one for each trading day from 01-12-2017 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity Savings Fund (Direct)
to
Aug 2018Feb 2017
to
Feb 2020Aug 2018
to
Aug 2021Mar 2020
to
Mar 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Equity Savings | 0.0 | 8.2 | 67.1 | 24.7 | 0.0 | 0.0 | 0.0 | 8.6% | 8.8% | 0.6% | 13.8% |
| HDFC Equity Savings | 0.0 | 8.0 | 21.4 | 67.2 | 3.4 | 0.0 | 0.0 | 10.6% | 11.3% | 0.6% | 17.6% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 01-12-2014. Past returns do not promise future returns.
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-12-2014 to 30-10-2026: 143 instalments, ₹14,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Equity SavingsAditya Birla Sun Life Equity Savings Fund (Direct) | ₹14,30,000 | ₹23,63,449 | ₹9,33,449 | 8.1% |
| HDFC Equity SavingsHDFC Equity Savings Fund (Direct) | ₹14,30,000 | ₹25,55,730 | ₹11,25,730 | 9.3% |
Aditya Birla Sun Life Equity SavingsAditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity SavingsHDFC Equity Savings Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Equity Savings Fund (Direct) | HDFC Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.96% | +0.39% |
| Standard deviation | 3.29% | 5.01% |
| Sharpe ratio | -0.70 | -0.97 |
| Sortino ratio | -0.95 | -1.28 |
| Maximum drawdown | −2.5% (30-03-2026) | −4.8% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Equity Savings Fund (Direct) | HDFC Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.69% | +8.28% |
| Standard deviation | 2.84% | 4.70% |
| Sharpe ratio | 0.59 | 0.48 |
| Sortino ratio | 0.83 | 0.65 |
| Maximum drawdown | −2.5% (30-03-2026) | −4.8% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Equity Savings Fund (Direct) | HDFC Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.37% | +7.85% |
| Standard deviation | 4.38% | 4.90% |
| Sharpe ratio | 0.13 | 0.42 |
| Sortino ratio | 0.17 | 0.57 |
| Maximum drawdown | −9.8% (17-06-2022) | −5.3% (20-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Equity Savings Fund (Direct) | HDFC Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.27% | +9.72% |
| Standard deviation | 5.98% | 5.75% |
| Sharpe ratio | 0.43 | 0.64 |
| Sortino ratio | 0.58 | 0.87 |
| Maximum drawdown | −17.8% (23-03-2020) | −16.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-12-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Equity Savings Fund (Direct) | −17.8% | 12-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −1.6% |
| HDFC Equity Savings Fund (Direct) | −16.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −2.2% |
From daily values since 01-12-2014, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity Savings Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity Savings Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Equity Savings Fund (Direct)
HDFC Equity Savings Fund (Direct)
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Equity Savings Fund, September 2026; HDFC Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 35.3%
- Held by both
- 51
- Only in Aditya Birla Sun Life Equity Savings
- 61
- Only in HDFC Equity Savings
- 75
| Security | % of Aditya Birla Sun Life Equity Savings | % of HDFC Equity Savings |
|---|---|---|
| HDFC Bank Ltd. | 5.16% | 6.96% |
| Reliance Industries Ltd. | 3.38% | 5.23% |
| ICICI Bank Ltd. | 7.21% | 2.87% |
| Bajaj Finance Ltd. | 1.86% | 2.00% |
| Government of India (14/08/2033) | 1.80% | 2.38% |
| Kotak Mahindra Bank Ltd. | 3.00% | 1.74% |
| Axis Bank Ltd. | 2.11% | 1.61% |
| State Bank of India | 2.06% | 1.56% |
| Bharti Airtel Ltd. | 1.41% | 2.38% |
| Mahindra & Mahindra Ltd. | 1.87% | 1.12% |
| Government of India (17/04/2030) | 1.47% | 1.09% |
| Sun Pharmaceutical Industries Ltd. | 1.06% | 2.89% |
| Larsen & Toubro Ltd. | 1.01% | 2.97% |
| Government of India (20/06/2027) | 0.90% | 0.96% |
| Adani Ports and Special Economic Zone Ltd. | 2.77% | 0.80% |
| One 97 Communications Ltd. | 1.20% | 0.52% |
| Infosys Ltd. | 0.50% | 1.08% |
| ITC Ltd. | 0.46% | 0.54% |
| Government of India (18/04/2029) | 0.45% | 2.01% |
| Ultratech Cement Ltd. | 1.11% | 0.44% |
| NTPC Ltd. | 0.44% | 3.55% |
| Tata Steel Ltd. | 0.57% | 0.43% |
| Tata Consultancy Services Ltd. | 0.37% | 0.93% |
| Coal India Ltd. | 0.37% | 0.38% |
| Interglobe Aviation Ltd. | 0.33% | 0.83% |
| Hindalco Industries Ltd. | 0.32% | 0.34% |
| Tech Mahindra Ltd. | 0.32% | 0.41% |
| Bajaj Finserv Ltd. | 0.42% | 0.31% |
| Eternal Ltd. | 0.26% | 0.62% |
| Titan Company Ltd. | 0.22% | 3.20% |
| Hindustan Unilever Ltd. | 0.20% | 0.93% |
| Maruti Suzuki India Ltd. | 0.18% | 2.05% |
| Government of India (10/04/2028) | 0.45% | 0.18% |
| Cube Highways Trust | 0.16% | 0.21% |
| HCL Technologies Ltd. | 0.15% | 0.78% |
| Bajaj Auto Ltd. | 0.14% | 0.81% |
| Power Grid Corporation of India Ltd. | 0.14% | 0.69% |
| Hyundai Motor India Ltd. | 0.14% | 1.10% |
| Gujarat Energy Ltd. | 0.32% | 0.13% |
| Brookfield India Real Estate Trust | 0.20% | 0.12% |
| Eicher Motors Ltd. | 0.11% | 0.65% |
| Apollo Hospitals Enterprise Ltd. | 0.10% | 0.80% |
| SBI Life Insurance Co. Ltd. | 0.09% | 0.61% |
| Cipla Ltd. | 0.09% | 0.49% |
| Raajmarg Infra Investment Trust | 0.19% | 0.06% |
| HDFC Life Insurance Company Ltd. | 0.05% | 0.67% |
| Trent Ltd. | 0.28% | 0.05% |
| Biocon Ltd. | 0.33% | 0.03% |
| Tata Motors Passenger Vehicles Ltd. | 0.07% | 0.03% |
| GSPL Transmission Ltd. | 0.06% | 0.03% |
| Tata Consumer Products Ltd. | 0.07% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.3% means 35.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Equity Savings Fund
| Security | % of fund |
|---|---|
| UPL Ltd. | 4.84% |
| Aditya Birla Sun Life Liquid Fund Direct Plan Growth | 4.71% |
| Aditya Birla Sun Life Money Market Fund - Growth - Direct Plan | 3.81% |
| Patanjali Foods Ltd. | 2.94% |
| GMR Airports Ltd. | 2.38% |
Largest holdings only in HDFC Equity Savings Fund
| Security | % of fund |
|---|---|
| Muthoot Finance Ltd. | 1.35% |
| State Bank of India (Tier 2 - Basel III) | 1.22% |
| Divis Laboratories Ltd. | 1.03% |
| 360 One Prime Limited | 0.91% |
| SMFG India Credit Company Ltd | 0.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Equity Savings | HDFC Equity Savings |
|---|---|---|
| Equity | 71.1% | 65.6% |
| Debt | 7.9% | 26.5% |
| Cash and others | 21.0% | 7.9% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Equity Savings | HDFC Equity Savings |
|---|---|---|
| Large Cap | 49.6% | 58.4% |
| Mid Cap | 15.3% | 3.2% |
| Small Cap | 4.7% | 3.9% |
| Not on AMFI's list | 1.5% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Equity Savings | HDFC Equity Savings |
|---|---|---|
| Banks | 22.3% | 14.8% |
| Automobiles | 2.5% | 6.5% |
| Petroleum Products | 3.4% | 5.5% |
| Pharmaceuticals & Biotechnology | 2.4% | 5.2% |
| Transport Infrastructure | 5.2% | 1.2% |
| Fertilizers & Agrochemicals | 4.8% | 0.5% |
| Power | 0.8% | 4.2% |
| Finance | 3.2% | 3.6% |
| Telecom - Services | 3.4% | 2.4% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Equity Savings vs HDFC Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Equity Savings Fund | HDFC Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 1.30% |
| Base expense ratio (Direct) | 0.45% | 0.83% |
| Total expense ratio (Regular) | 1.67% | 2.20% |
| Base expense ratio (Regular) | 0.86% | 1.59% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Equity Savings with
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- Aditya Birla Sun Life Equity Savings vs Mirae Asset Equity Savings
- Aditya Birla Sun Life Equity Savings vs Kotak Equity Savings
- Aditya Birla Sun Life Equity Savings vs Axis Equity Savings
Aditya Birla Sun Life Equity Savings Fund vs HDFC Equity Savings Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Equity Savings Fund and HDFC Equity Savings Fund?
Both are Equity Savings funds, run by Aditya Birla Sun Life Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 35.3%. Aditya Birla Sun Life Equity Savings Fund charges 1.19% a year and HDFC Equity Savings Fund 1.30%.
Which has given higher returns, Aditya Birla Sun Life Equity Savings Fund or HDFC Equity Savings Fund?
Over 1 year: Aditya Birla Sun Life Equity Savings Fund +2.96%, HDFC Equity Savings Fund +0.39%. Over 3 years: Aditya Birla Sun Life Equity Savings Fund +7.69% a year, HDFC Equity Savings Fund +8.28% a year. Over 5 years: Aditya Birla Sun Life Equity Savings Fund +6.37% a year, HDFC Equity Savings Fund +7.85% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Equity Savings Fund or HDFC Equity Savings Fund?
Aditya Birla Sun Life Equity Savings Fund charges less: 1.19% a year against 1.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Equity Savings Fund and HDFC Equity Savings Fund overlap?
35.3%. They hold 51 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Equity Savings Fund or HDFC Equity Savings Fund?
On SEBI's riskometer, Aditya Birla Sun Life Equity Savings Fund is rated Moderate and HDFC Equity Savings Fund Moderately High. Over 3 years, the standard deviation of daily returns was 2.84% and 4.70% a year.
Which is better for SIP, Aditya Birla Sun Life Equity Savings Fund or HDFC Equity Savings Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,32,217 in Aditya Birla Sun Life Equity Savings Fund (XIRR 7.1% a year) and ₹7,32,972 in HDFC Equity Savings Fund (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Equity Savings Fund and HDFC Equity Savings Fund?
Yes. 35.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Equity Savings Fund and HDFC Equity Savings Fund?
Aditya Birla Sun Life Equity Savings Fund: Lovelish Solanki, Harshil Suvarnkar, Rohit Karan s. HDFC Equity Savings Fund: Anand Laddha, Anil Bamboli, Nandita Menezes, Arun Agarwal, Gopal Agrawal, Bhagyesh Kagalkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.