Performance Update

A good year for our handpicked equity savings funds

Our recommended funds are set to sign off 2023 on a happy note

Our recommended funds are set to sign off 2023 on a happy note

हिंदी में भी पढ़ें read-in-hindi

Axis Equity Saver and Mirae Asset Equity Savings Fund are our recommended funds in the equity savings category. While 2022 was a rather sombre year for Axis Equity Saver, given it was underperforming its peers by a very wide margin, the fund staged a smart pickup in 2023, driven mainly by a strong comeback in the second half. As for Mirae Asset Equity Saving, the fund has delivered neck-to-neck performances compared to an average peer in both 2022 and 2023. While the margin is still narrow, it has improved relative to 2022. What's more, both our recommended funds have managed to claim a spot among the top 10 funds of the category. Axis Equity Saver Fund Delivering over 15 per cent returns this year, the fund has recovered from last year's significant underperformance. With this, the fund has bumped up from the last quartile in 2022 to the second quartile this year. While a miserable 2022 narrowed the Axis Equity Saver Fund's outperformance over longer periods - the fund underperfo

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