Equity Savings Schemes (ESS) – ATS

Equity saving schemes are mutual funds that invest in equity or debt and arbitrage positions. SEBI introduced this type of scheme in the year 2014. According to SEBI guidelines, the equity savings funds must invest at minimum 65% of the capital assets of the fund in equity as well as its associated securities, including arbitrage positions, and at minimum 10% of the total capital in securities that are backed by debt. The fund's exposure to debt, equity, and arbitrage differs according to the parameters outlined in the regulation above.