Two funds walk into a table. Only the numbers talk.
DSP Equity Savings Fund vs HSBC Equity Savings Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- ADSP Equity Savings Fund
DSP Mutual Fund- Equity Savings Fund
- Direct plan
- Moderately High Risk
NAV ₹25.75 on 13 Nov 2026
- BHSBC Equity Savings Fund
HSBC Mutual Fund- Equity Savings Fund
- Direct plan
- Moderate Risk
NAV ₹42.17 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 3 years all of them have been around.
Grew faster
BHSBC Equity Savings Fund
HSBC Equity Savings Fund returned 13.4% a year over 3 years, against 9% for DSP Equity Savings Fund. ₹1 lakh invested 3 years ago would be about ₹1.46 Lakh today, against ₹1.29 Lakh.
Smoother ride
ADSP Equity Savings Fund
DSP Equity Savings Fund swung the least: about 3.6% a year either way, against 7.2% for HSBC Equity Savings Fund. Lower means fewer scary days.
Fell less in a crash
No fair winner yet
At its worst, HSBC Equity Savings Fund fell 11.5% from its peak, against 18.9% for DSP Equity Savings Fund. On ₹1 lakh, that's a dip to ₹81,108 at the bottom for DSP Equity Savings Fund. Could you have held on?
Not a fair fight: we only have data for HSBC Equity Savings Fund (from Nov 2022), so it has not been through the 2020 crash the others fell in.
More consistent
No fair winner yet
Pick any day in the past and hold for a year: HSBC Equity Savings Fund ended up in profit 100% of the time, against 93% for DSP Equity Savings Fund.
Not a fair fight: we only have data for HSBC Equity Savings Fund (from Nov 2022), so it has not been through the 2020 crash the others fell in.
Costs less
ADSP Equity Savings Fund
DSP Equity Savings Fund charges 1.11% a year, against 1.47% for HSBC Equity Savings Fund. On ₹1 lakh that's ₹1,110 a year against ₹1,470, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- ADSP Equity Savings Fund₹12,884 from ₹10,000(8.8% a year)
- BHSBC Equity Savings Fund₹14,442 from ₹10,000(13.1% a year)
A one-time ₹10,000 put in 3 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
ADSP Equity Savings Fund
- Strength: Beat a 5-year SBI FD: 8% a year over 5 years, against 6.05%
- Strength: Swings less than most funds in its category
- Watch out: Fell harder than its category in the worst crash
BHSBC Equity Savings Fund
- Strength: Ahead of its category: 13.4% a year over 3 years, against a category average of 9.1%
- Strength: In the top quarter of its category over 3 years (#1 of 20)
- Strength: Beat a 5-year SBI FD: 13.4% a year over 3 years, against 6.05%
- Watch out: Swings more than most funds in its category
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | ADSP Equity Savings Fund | BHSBC Equity Savings Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 3.3%#17 of 23 · avg 4.7% | 9.8%Best#1 of 23 · avg 4.7% |
| 3 yearsPer year, over a full market mood swing | 9%#10 of 20 · avg 9.1% | 13.4%Best#1 of 20 · avg 9.1% |
| 5 yearsPer year, the fairest single test | 8%#8 of 17 · avg 7.9% | – |
| 10 yearsPer year, across bull and bear markets | 8.9%#5 of 9 · avg 8.6% | – |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 3.6%Bestcategory avg 4.6% | 7.2%category avg 4.6% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −18.9%category avg −14% | −11.5%data from 28 Nov 2022 only |
| Best 12 monthsIts strongest year | 37.4% | 28%data from 28 Nov 2022 only |
| Worst 12 monthsIts weakest year | -12.2% | 0.1%data from 28 Nov 2022 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 93% | 100%data from 28 Nov 2022 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 1.11%Best | 1.47% |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹3,087 Cr | ₹1,558 Cr |
| Minimum SIPSmallest monthly amount | ₹100Best | ₹500 |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
ADSP Equity Savings Fund
Might suit you if…
- a smoother ride matters more to you than the top return
- you care about keeping costs low, which adds up over decades
BHSBC Equity Savings Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls