Equity Savings funds are a type of open ended mutual funds that invest the total fund amount between equity funds, debt funds and arbitrage. This mutual fund category under the Hybrid Mutual Funds was specified by SEBI in 2017. Accordingly, this category of fund should invest a minimum of 65% of assets in equity including arbitrage positions, and a minimum of 10% in debt securities. As per SEBI regulations, the fund can invest in equity and equity related instruments, debt securities, and arbitrage opportunities using hedging strategies.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.