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HDFC Equity Savings Fund vs DSP Equity Savings Fund

Updated June 2026 · both Equity Savings funds · metrics from AMFI NAVs

In short: DSP Equity Savings Fund has the higher 3-year return (+9.30%); DSP Equity Savings Fund has the lower expense ratio (1.17%); HDFC Equity Savings Fund has the better risk-adjusted return (Sharpe 0.50). This is analysis from past data, not a recommendation.

MetricHDFC Equity Savings FundDSP Equity Savings Fund
1Y return+1.69%+1.89%
3Y CAGR+9.25%+9.30%
5Y CAGR+8.79%+8.43%
Sharpe ratio0.500.42
Max drawdown-5.3%-4.3%
Volatility5.4%4.2%
Alpha+1.60%+1.76%
Expense ratio (Direct)1.25%1.17%
AUM₹5.8K Cr₹3.8K Cr

Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.

FAQ

Which has the lower expense ratio?

DSP Equity Savings Fund has the lower Direct-plan expense ratio (1.17%), versus 1.25% for the other. Over long horizons a lower TER compounds into a meaningful difference.

Which has performed better over 3 years?

DSP Equity Savings Fund has the higher 3-year CAGR (+9.30%). Past performance does not predict future returns - check volatility and drawdown too, shown above.

How are these figures calculated?

All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.

HDFC Equity Savings Fund detailsDSP Equity Savings Fund detailsOpen in interactive compare