HDFC Equity Savings Fund

Equity SavingsDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Equity Savings Fund is an Equity Savings fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹5,533 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.3% a year and its Regular plan returned 7.3% a year. Its benchmark, NIFTY Equity Savings Index, returned 7.1% a year over the same 3 years.

NAV (Direct plan): ₹75.88; ▲ 0.18%30-10-2026
NAV (Regular plan): ₹66.98; ▲ 0.18%30-10-2026
Expense ratio: 1.30%Direct2.20%Regular; 1.30%; A year
Riskometer: Moderately High; Set by the fund house
3 year return: 8.3%Direct7.3%Regular; 8.3%; A year

HDFC Equity Savings Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹75.88 (up 0.18% that day); Regular Plan Growth ₹66.98 (up 0.18% that day).

This fund (Direct plan)

₹75.875

HDFC Equity Savings Fund Returns vs NIFTY Equity Savings Index

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.47%	−1.25%	+0.85%	+0.39%	+8.28%	+7.85%	+9.27%
This fund (Regular)	+0.39%	−1.48%	+0.39%	−0.53%	+7.27%	+6.85%	+8.16%
NIFTY Equity Savings Index	−1.78%	−0.90%	+2.77%	+1.54%	+7.06%	+6.63%	--
Equity Savings average	−0.02%	−0.68%	+1.71%	+2.12%	+8.55%	+7.55%	+8.43%
Best in Equity Savings	+0.76%	+0.84%	+5.12%	+6.16%	+12.81%	+9.34%	+9.65%
Worst in Equity Savings	−1.35%	−2.08%	−0.15%	−1.58%	+6.34%	+5.74%	+7.17%
Rank in Equity Savings	4/23	19/23	18/23	20/23	10/20	8/17	3/9

Category rows compare the Direct plans of 23 Equity Savings funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

HDFC Equity Savings Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−0.54%	−1.30%
2025	+7.84%	+6.81%
2024	+11.33%	+10.28%
2023	+14.83%	+13.78%
2022	+6.98%	+6.04%
2021	+17.74%	+16.78%

HDFC Equity Savings Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,667 periods, one for each trading day from 01-01-2016 to 30-10-2026.

0%5%10%15%20%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

HDFC Equity Savings Fund (Direct)Category average, 23 Equity Savings funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,145	8.3%	−13.0%	37.0%	4%	8.7%	58%
2 years	2,909	11.0%	−3.1%	24.4%	1%	9.8%	67%
3 years	2,667	11.3%	0.6%	17.6%	0%	9.8%	75%
5 years	2,174	10.7%	5.3%	15.9%	0%	9.6%	99%
7 years	1,685	10.3%	7.1%	11.9%	0%	9.6%	100%
10 years	941	10.7%	9.2%	11.8%	0%	9.6%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	9.1%	−20.7%	34.9%	8%	9.0%	58%
2 years	142	10.1%	−8.7%	22.1%	3%	9.1%	64%
3 years	130	11.3%	−4.3%	16.7%	2%	9.9%	68%
5 years	106	10.7%	2.2%	14.6%	0%	10.0%	77%
7 years	82	10.6%	4.7%	12.8%	0%	9.9%	98%
10 years	46	10.7%	9.0%	11.9%	0%	9.9%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 23 Equity Savings funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

HDFC Equity Savings Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Equity Savings Fund (Direct)This fund	Category average
Return (CAGR)	+0.39%	+2.12%
Standard deviation	5.01%	4.23%
Sharpe ratio	-0.97	-0.74
Sortino ratio	-1.28	-0.98
Maximum drawdown	−4.8% (30-03-2026)	−3.8% (30-03-2026)

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.

Measure	HDFC Equity Savings Fund (Direct)This fund	Category average
Return (CAGR)	+8.28%	+8.75%
Standard deviation	4.70%	4.16%
Sharpe ratio	0.48	0.65
Sortino ratio	0.65	0.89
Maximum drawdown	−4.8% (30-03-2026)	−3.8% (28-02-2025)

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.

Measure	HDFC Equity Savings Fund (Direct)This fund	Category average
Return (CAGR)	+7.85%	+7.88%
Standard deviation	4.90%	4.34%
Sharpe ratio	0.42	0.48
Sortino ratio	0.57	0.65
Maximum drawdown	−5.3% (20-06-2022)	−5.4% (20-06-2022)

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.

Measure	HDFC Equity Savings Fund (Direct)This fund	Category average
Return (CAGR)	+9.27%	+8.85%
Standard deviation	5.93%	5.49%
Sharpe ratio	0.65	0.63
Sortino ratio	0.88	0.84
Maximum drawdown	−16.9% (23-03-2020)	−16.0% (23-03-2020)

From daily NAVs, 28-10-2016 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.

Measure	HDFC Equity Savings Fund (Direct)This fund	Category average
Return (CAGR)	+9.72%	+8.86%
Standard deviation	5.75%	5.30%
Sharpe ratio	0.64	0.60
Sortino ratio	0.87	0.81
Maximum drawdown	−16.9% (23-03-2020)	−16.0% (23-03-2020)

From daily NAVs, 01-01-2013 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.

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.

−20%−15%−10%−5%0%

2014201620182020202220242026

HDFC Equity Savings Fund (Direct)Category average, 23 Equity Savings funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Equity Savings Fund (Direct)	−16.9%	14-01-2020	23-03-2020	06-11-2020	7 months	−2.2%
Category average	−16.0%	12-02-2020	23-03-2020	18-08-2020	5 months	−1.6%

From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 23 Equity Savings funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Equity Savings Fund vs Other Equity Savings Funds

The five Equity Savings funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
HSBC Equity Savings Fund	1/20	1,558	1.41%	+6.04%	+12.81%	--	--	0.95	1.28	Compare
Edelweiss Equity Savings Fund	2/20	1,704	1.08%	+5.36%	+10.93%	--	--	1.25	1.74	Compare
Mirae Asset Equity Savings Fund	3/20	1,994	0.73%	+2.60%	+9.98%	--	--	0.70	0.97	Compare
Kotak Equity Savings Fund	4/20	10,443	1.09%	+0.58%	+9.45%	--	--	0.60	0.82	Compare
Axis Equity Savings Fund	5/20	855	1.56%	+2.69%	+9.39%	--	--	0.65	0.88	Compare
HDFC Equity Savings Fund	10/20	5,533	1.30%	+0.39%	+8.28%	--	--	0.48	0.65

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Equity Savings Fund Expense Ratio and Costs

What each plan charges a year, in force from 19-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Equity Savings median	Cost rank (1 = cheapest)
Direct	0.83%	0.04%	0.03%	0.40%	1.30%	1.28%	13/23
Regular	1.59%	0.04%	0.03%	0.54%	2.20%	2.20%	12/23

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Equity Savings funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−0.53%	0.39%	0.92%	₹99,470	₹1,00,390
3 years	7.27%	8.28%	1.01% a year	₹1,23,434	₹1,26,954
5 years	6.85%	7.85%	1.00% a year	₹1,39,275	₹1,45,915
10 years	8.16%	9.27%	1.11% a year	₹2,19,112	₹2,42,666

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Equity Savings Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹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
Direct planHDFC Equity Savings Fund (Direct)	₹14,30,000	₹25,55,730	₹11,25,730	9.3%
Regular planHDFC Equity Savings Fund (Regular)	₹14,30,000	₹23,87,257	₹9,57,257	8.3%
Category averageCategory average, 23 Equity Savings funds	₹14,30,000	₹24,93,140	₹10,63,140	8.9%

₹0₹10.0 L₹20.0 L₹30.0 L

201520172019202120232025

Direct planHDFC Equity Savings Fund (Direct)Regular planHDFC Equity Savings Fund (Regular)Category averageCategory average, 23 Equity Savings fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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.

HDFC Equity Savings Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

65.6%Equity

Asset	Fund	Category
Equity	65.6%	67.5%
Debt	26.5%	18.7%
Cash and others	7.9%	14.1%

Market cap of stocks

Market cap	Fund	Category
Large Cap	58.4%	52.2%
Mid Cap	3.2%	9.5%
Small Cap	3.9%	5.3%

Share of the whole fund. Category: the average of the Equity Savings funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 23 Equity Savings funds.

Rating	Fund	Category
Sovereign	8.4%	7.7%
AAA and A1+	13.7%	7.2%
AA	4.3%	2.4%

HDFC Equity Savings Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks14.8%
Automobiles6.5%
Petroleum Products5.5%
Pharmaceuticals & Biotechnology5.2%
Power4.2%
Finance3.6%
Consumer Durables3.3%
IT - Software3.2%
Construction3.1%
Telecom - Services2.4%

The ten largest of 33 sectors. The other 23 add up to 13.8%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	14.9%	14.7%	14.8%	−0.1%
Automobiles	7.4%	7.8%	6.5%	−0.9%
Petroleum Products	5.9%	5.7%	5.5%	−0.4%
Pharmaceuticals & Biotechnology	5.8%	5.1%	5.2%	−0.6%
Power	4.6%	4.3%	4.2%	−0.4%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HDFC Equity Savings Fund Portfolio Holdings

As on 30-09-2026 · 130 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
HDFC Bank Ltd.	Banks	6.96%	0.0%
Reliance Industries Ltd.	Petroleum Products	5.23%	0.0%
NTPC Limited	Power	3.55%	−3.5%
Titan Company Ltd.	Consumer Durables	3.20%	0.0%
Larsen and Toubro Ltd.	Construction	2.97%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	2.89%	+0.3%
ICICI Bank Ltd.	Banks	2.87%	0.0%
7.18% GOI MAT 140833 · Government security	Sovereign	2.38%
Bharti Airtel Ltd.	Telecom - Services	2.38%	+21.8%
Maruti Suzuki India Limited	Automobiles	2.05%	0.0%
7.1% GOI MAT 180429 · Government security	Sovereign	2.01%
Bajaj Finance Ltd.	Finance	2.00%	0.0%
Kotak Mahindra Bank Limited	Banks	1.74%	0.0%
Axis Bank Ltd.	Banks	1.61%	0.0%
State Bank of India	Banks	1.56%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	1.35%
State Bank of India (Tier 2 - Basel III) · Bond	CRISIL - AAA	1.22%
Mahindra & Mahindra Ltd.	Automobiles	1.12%	−48.7%
Hyundai Motor India Limited	Automobiles	1.10%	0.0%
7.17% GOI MAT 170430 · Government security	Sovereign	1.09%
Infosys Limited	IT - Software	1.08%	+20.2%
Divis Laboratories Ltd.	Pharmaceuticals & Biotechnology	1.03%	0.0%
7.38% GOI MAT 200627 · Government security	Sovereign	0.96%
Hindustan Unilever Ltd.	Diversified FMCG	0.93%	0.0%
Tata Consultancy Services Ltd.	IT - Software	0.93%	−50.5%
360 One Prime Limited · Bond	ICRA - AA	0.91%
SMFG India Credit Company Ltd · Bond	CARE - AAA	0.91%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.90%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.90%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	0.90%
Mahindra & Mahindra Financial Services Ltd. · Bond	CRISIL - AAA	0.90%
Sundaram Finance Ltd. · Bond	ICRA - AAA	0.89%
POWERGRID Infrastructure Investment Trust	Power	0.84%
InterGlobe Aviation Ltd.	Transport Services	0.83%	+8.8%
Muthoot Finance Ltd.	Finance	0.82%	New
7.23% GOI MAT 150439 · Government security	Sovereign	0.81%
Bajaj Auto Limited	Automobiles	0.81%	+105.4%
Apollo Hospitals Enterprise Ltd.	Healthcare Services	0.80%	+54.6%
Adani Ports & Special Economic Zone	Transport Infrastructure	0.80%	0.0%
HCL Technologies Ltd.	IT - Software	0.78%	0.0%
Hero MotoCorp Ltd.	Automobiles	0.70%	−33.5%
Power Grid Corporation of India Ltd.	Power	0.69%	0.0%
HDFC Life Insurance Company Limited	Insurance	0.67%	+38.8%
Eicher Motors Ltd.	Automobiles	0.65%	+11.1%
Cholamandalam Investment & Finance Co. Ltd. · Bond	ICRA - AA+	0.64%
Eternal Limited	Retailing	0.62%	−13.5%
SBI Life Insurance Company Ltd.	Insurance	0.61%	0.0%
7.1% GOI MAT 080434 · Government security	Sovereign	0.54%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.54%
ITC LIMITED	Diversified FMCG	0.54%	0.0%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.54%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.54%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.54%
Bharti Telecom Limited · Bond	CRISIL - AAA	0.54%
Cummins India Ltd.	Industrial Products	0.52%	New
One 97 Communications Limited	Financial Technology (Fintech)	0.52%	0.0%
Max Financial Services Ltd.	Insurance	0.50%	0.0%
Cipla Ltd.	Pharmaceuticals & Biotechnology	0.49%	+53.0%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.45%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.45%
Bharti Telecom Limited · Bond	CRISIL - AAA	0.45%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	0.45%
Small Industries Development Bank · Bond	CRISIL - AAA	0.45%
Small Industries Development Bank · Bond	CRISIL - AAA	0.45%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.44%
HDFC ERGO General Insurance Co. Ltd. · Bond	CRISIL - AAA	0.44%
UltraTech Cement Limited	Cement & Cement Products	0.44%	0.0%
Union Bank of India · Certificate of deposit	ICRA - A1+	0.44%
Tata Steel Ltd.	Ferrous Metals	0.43%	0.0%
Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	0.43%
Ambuja Cements Ltd.	Cement & Cement Products	0.42%	0.0%
360 ONE WAM LIMITED	Capital Markets	0.42%	New
Tech Mahindra Ltd.	IT - Software	0.41%	0.0%
Ipca Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.39%	0.0%
PVR LIMITED	Entertainment	0.38%	0.0%
Coal India Ltd.	Consumable Fuels	0.38%	0.0%
United Spirits Limited	Beverages	0.38%	0.0%
Gland Pharma Ltd.	Pharmaceuticals & Biotechnology	0.37%	0.0%
Gujarat Pipavav Port Ltd.	Transport Infrastructure	0.36%	0.0%
Hindalco Industries Ltd.	Non - Ferrous Metals	0.34%	+45.9%
Paradeep Phosphates Limited	Fertilizers & Agrochemicals	0.33%	0.0%
Brigade Enterprises Limited.	Realty	0.31%	+8.4%
Bajaj Finserv Ltd.	Finance	0.31%	0.0%
Aptus Value Housing Finance India Ltd	Finance	0.29%	0.0%
JK Paper Ltd.	Paper, Forest & Jute Products	0.28%	0.0%
Bank of Baroda · Certificate of deposit	CARE - A1+	0.27%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.26%
Suprajit Engineering Ltd.	Auto Components	0.26%	0.0%
Hindustan Aeronautics Limited	Aerospace & Defense	0.25%	New
Hindustan Petroleum Corp. Ltd.	Petroleum Products	0.25%	0.0%
REC Limited. · Bond	CRISIL - AAA	0.24%
Star Health and Allied Insurance Company Ltd	Insurance	0.24%	0.0%
Cube Highways Trust	Transport Infrastructure	0.21%
CIE Automotive India Ltd	Auto Components	0.21%	0.0%
Bayer Cropscience Ltd	Fertilizers & Agrochemicals	0.20%	0.0%
Avenue Supermarts Ltd.	Retailing	0.19%	New
7.06% GOI MAT 100428 · Government security	Sovereign	0.18%
6.94% GOI MAT 110536 · Government security	Sovereign	0.18%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.18%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.18%
Tata Capital Ltd.	Finance	0.18%	New
7.34% GOI MAT 220464 · Government security	Sovereign	0.17%
Finolex Industries Ltd.	Industrial Products	0.16%	0.0%
G R Infraprojects Limited	Construction	0.14%	0.0%
Gujarat Energy Limited	Gas	0.13%	0.0%
BROOKFIELD INDIA REAL ESTATE TRUST	Realty	0.12%
Symphony Ltd.	Consumer Durables	0.11%	0.0%
Goodyear India Ltd.	Auto Components	0.11%	−9.5%
6.54% GOI MAT 170132 · Government security	Sovereign	0.09%
Bank of Baroda (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.09%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.09%
Muthoot Finance Ltd. · Bond	CRISIL - AA+	0.09%
TVS Motor Company Ltd.	Automobiles	0.07%	New
GAIL (India) Ltd.	Gas	0.06%	+93.3%
RAAJMARG INFRA INVESTMENT TRUST	Transport Infrastructure	0.06%
Trent Ltd.	Retailing	0.05%	New
Tata Motors Passenger Vehicles Limited	Automobiles	0.03%	New
GSPL Transmission Limited	Gas	0.03%	0.0%
Biocon Ltd.	Pharmaceuticals & Biotechnology	0.03%	+275.0%
IDFC First Bank Limited	Banks	0.02%	New
Life Insurance Corporation of India	Insurance	0.02%	New
Tata Consumer Products Limited	Agricultural Food & Other Products	0.02%	+166.7%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	0.01%	New
Power Finance Corporation Ltd.	Finance	0.01%	New
Marico Ltd.	Agricultural Food & Other Products	0.01%	New
PG Electroplast Limited	Consumer Durables	0.01%	New
Astral Limited	Industrial Products	0.00%	New
Colgate-Palmolive ( I ) Ltd.	Personal Products	0.00%	New
Lupin Ltd.	Pharmaceuticals & Biotechnology	0.00%	0.0%
Alkem Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.00%	New

HDFC Equity Savings Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

NTPC Limited	Reduced	−3.5%	3.55%
Sun Pharmaceutical Industries Ltd.	Added	+0.3%	2.89%
Bharti Airtel Ltd.	Added	+21.8%	2.38%
Mahindra & Mahindra Ltd.	Reduced	−48.7%	1.12%
Tata Consultancy Services Ltd.	Reduced	−50.5%	0.93%
Infosys Limited	Added	+20.2%	1.08%
Hero MotoCorp Ltd.	Reduced	−33.5%	0.70%
InterGlobe Aviation Ltd.	Added	+8.8%	0.83%
Muthoot Finance Ltd.	New	New	0.82%
Bajaj Auto Limited	Added	+105.4%	0.81%
Apollo Hospitals Enterprise Ltd.	Added	+54.6%	0.80%
Eternal Limited	Reduced	−13.5%	0.62%
HDFC Life Insurance Company Limited	Added	+38.8%	0.67%
Eicher Motors Ltd.	Added	+11.1%	0.65%
Cummins India Ltd.	New	New	0.52%
Cipla Ltd.	Added	+53.0%	0.49%
360 ONE WAM LIMITED	New	New	0.42%
Oil & Natural Gas Corporation Ltd.	Sold out	−100%	was 0.40%
Hindalco Industries Ltd.	Added	+45.9%	0.34%
Brigade Enterprises Limited.	Added	+8.4%	0.31%
Kalpataru Projects International Ltd	Sold out	−100%	was 0.30%
Hindustan Aeronautics Limited	New	New	0.25%
Avenue Supermarts Ltd.	New	New	0.19%
Tata Capital Ltd.	New	New	0.18%
Goodyear India Ltd.	Reduced	−9.5%	0.11%
TVS Motor Company Ltd.	New	New	0.07%
GAIL (India) Ltd.	Added	+93.3%	0.06%
Trent Ltd.	New	New	0.05%
Tata Motors Passenger Vehicles Limited	New	New	0.03%
Biocon Ltd.	Added	+275.0%	0.03%
IDFC First Bank Limited	New	New	0.02%
Life Insurance Corporation of India	New	New	0.02%
Tata Consumer Products Limited	Added	+166.7%	0.02%
Britannia Industries Ltd.	Sold out	−100%	was 0.02%
Zydus Lifesciences Limited	New	New	0.01%
Power Finance Corporation Ltd.	New	New	0.01%
Marico Ltd.	New	New	0.01%
PG Electroplast Limited	New	New	0.01%
Kwality Wall’s (India) Limited	Sold out	−100%	was 0.01%
Astral Limited	New	New	0.00%
Colgate-Palmolive ( I ) Ltd.	New	New	0.00%
Alkem Laboratories Ltd.	New	New	0.00%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HDFC Equity Savings Fund bought and sold

HDFC Equity Savings Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HDFC Multi Asset Allocation FundMulti Asset · HDFC	56.8%	80	Compare
Bandhan Nifty 100 Index FundIndex · Bandhan	50.5%	51	Compare
SBI BSE 100 ETFETF · SBI	50.2%	51	Compare
Motilal Oswal Nifty 100 ETFETF · Motilal Oswal	49.8%	50	Compare
HDFC NIFTY 100 ETFETF · HDFC	49.8%	50	Compare
HDFC NIFTY 100 Index FundIndex · HDFC	49.8%	50	Compare
Axis Nifty 100 Index FundIndex · Axis	49.8%	50	Compare
Zerodha Nifty 100 ETFETF · Zerodha	49.8%	50	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Equity Savings Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.30%
Expense ratio (Regular): 2.20%
Category: Equity Savings
Risk: Moderately High
Benchmark: Nifty Equity Savings Index
Launch date: 17-09-2004
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹5,532.50 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119128
ISIN (Direct): INF179K01XT4
Scheme code (Regular): 101585
ISIN (Regular): INF179K01AM7
NAV history: From 01-01-2013, 13.8 years

Exit load: Exit load For units in excess of 15% of the investment,1% will be charged for redemption within 1 month.

Tax on HDFC Equity Savings Fund returns

HDFC Equity Savings Fund is taxed as an equity fund: 65% or more of it is in Indian stocks, counting its hedged positions.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹75.875	30-10-2026
direct	IDCW	₹14.719	30-10-2026
regular	Growth	₹66.976	30-10-2026
regular	IDCW	₹12.009	30-10-2026

About HDFC Equity Savings Fund

HDFC Equity Savings Fund is a mutual fund from HDFC Mutual Fund. Its category is Equity Savings. It was launched on 17-09-2004. Its benchmark is Nifty Equity Savings Index. At the end of September 2026 it held 130 securities.

Fund Manager

Anand Laddha
Fund manager of HDFC Equity Savings Fund, since 11-09-2026
Anil Bamboli
Fund manager of HDFC Equity Savings Fund, since 17-09-2004
Nandita Menezes
Fund manager of HDFC Equity Savings Fund, since 29-03-2025
Arun Agarwal
Fund manager of HDFC Equity Savings Fund, since 24-08-2020
Gopal Agrawal
Fund manager of HDFC Equity Savings Fund, since 01-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Equity Savings Fund, since 26-08-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹5,532.50 Cr; −3.92% from August 2026
August 2026: ₹5,758.13 Cr; +1.04% from July 2026
July 2026: ₹5,698.91 Cr; +1.05% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Equity Savings Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Equity Savings vs HSBC Equity SavingsEquity Savings
HDFC Equity Savings vs Edelweiss Equity SavingsEquity Savings
HDFC Equity Savings vs Mirae Asset Equity SavingsEquity Savings
HDFC Equity Savings vs Kotak Equity SavingsEquity Savings
HDFC Equity Savings vs Axis Equity SavingsEquity Savings
HDFC Equity Savings vs HDFC Multi Asset Allocation56.8% overlap
HDFC Equity Savings vs Bandhan Nifty 100 Index50.5% overlap
HDFC Equity Savings vs SBI BSE 100 ETF50.2% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Equity Savings Fund

What is the current NAV of HDFC Equity Savings Fund?

The Direct plan NAV is ₹75.875. The Regular plan NAV is ₹66.976, as on 30-10-2026.

What are the returns of HDFC Equity Savings Fund?

The Direct plan returned +0.39% in 1 year, +8.28% a year over 3 years, +7.85% a year over 5 years. The Regular plan returned −0.53% in 1 year, +7.27% a year over 3 years, +6.85% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Equity Savings Fund?

The Direct plan charges 1.30% a year. The Regular plan charges 2.20% a year. This is the figure the fund house reported to AMFI, in force from 19-10-2026.

What is the AUM of HDFC Equity Savings Fund?

HDFC Equity Savings Fund managed ₹5,532.50 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Equity Savings Fund?

At the end of September 2026 the largest holdings were HDFCBANK (6.96%), RELIANCE (5.23%), NTPC (3.55%), TITAN (3.20%), LT (2.97%). The fund held 130 securities in all.

What did HDFC Equity Savings Fund buy and sell in September 2026?

It bought 18 new stocks: Astral Limited, Zydus Lifesciences Limited, Hindustan Aeronautics Limited, IDFC First Bank Limited, Life Insurance Corporation of India. It sold out of 4: Oil & Natural Gas Corporation Ltd, Britannia Industries Ltd, Kalpataru Projects International Ltd, Kwality Wall’s (India) Limited. It added shares in 14. It reduced 6.

How do I invest in HDFC Equity Savings Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Equity Savings Fund?

Anand Laddha (since 11-09-2026), Anil Bamboli (since 17-09-2004), Nandita Menezes (since 29-03-2025), Arun Agarwal (since 24-08-2020), Gopal Agrawal (since 01-09-2026), Bhagyesh Kagalkar (since 26-08-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.