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ICICI Prudential Equity Savings Fund vs HDFC Equity Savings Fund

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

In short: HDFC Equity Savings Fund has the higher 3-year return (+9.25%); ICICI Prudential Equity Savings Fund has the lower expense ratio (1.10%); HDFC Equity Savings Fund has the better risk-adjusted return (Sharpe 0.50). This is analysis from past data, not a recommendation.

MetricICICI Prudential Equity Savings FundHDFC Equity Savings Fund
1Y return+2.49%+1.69%
3Y CAGR+7.73%+9.25%
5Y CAGR+7.62%+8.79%
Sharpe ratio0.220.50
Max drawdown-3.1%-5.3%
Volatility2.6%5.4%
Alpha+0.25%+1.60%
Expense ratio (Direct)1.10%1.25%
AUM₹17.9K Cr₹5.8K 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?

ICICI Prudential Equity Savings Fund has the lower Direct-plan expense ratio (1.10%), versus 1.25% for the other. Over long horizons a lower TER compounds into a meaningful difference.

Which has performed better over 3 years?

HDFC Equity Savings Fund has the higher 3-year CAGR (+9.25%). 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.

ICICI Prudential Equity Savings Fund detailsHDFC Equity Savings Fund detailsOpen in interactive compare