{"id":7598,"date":"2015-06-10T13:56:40","date_gmt":"2015-06-10T08:26:40","guid":{"rendered":"https:\/\/blog.fundsindia.com\/blog\/?p=7598"},"modified":"2020-02-13T12:28:07","modified_gmt":"2020-02-13T06:58:07","slug":"fundsindia-reviews-equity-savings-funds","status":"publish","type":"post","link":"https:\/\/fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598","title":{"rendered":"FundsIndia Reviews: Equity Savings Funds"},"content":{"rendered":"

Equity savings funds are a new variant in the equity mutual fund basket. Exposure to equity, a part of which is hedged, and then some debt, and you have this new fund category. Before going into this product’s details, let\u2019s understand the reason for this new category coming into the mutual fund<\/a> universe.<\/p>\n

In the last Budget, the government increased the holding period for debt funds to three years in order to get indexation benefits. Else, you would be taxed at your slab rate. That means debt and debt-oriented funds such as Monthly Income Plans (MIPs) would have the same tax treatment as Fixed Deposits (FDs) for holdings up to three years.<\/p>\n

Equity savings funds, as a category, came into being to provide MIP-like returns, while trying to address the concerns of this set of investors.<\/p>\n

Invest in Equity Savings Funds Now! <\/span><\/a><\/div>\n

The Category<\/strong><\/p>\n

Equity savings funds aim to generate returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, funds will restrict the fixed income (debt) exposure to 35 percent. Besides, to reduce volatility and hedge the portfolio, these funds actively use derivative strategies.<\/p>\n

Still, some amount of equity is unhedged (pure equity cash market) to prop up the returns of the portfolio. The equity and the derivative exposure is considered as \u2018equity\u2019 allocation and hence, these categories of funds are treated as equity funds. The unhedged equity exposure typically ranges from 15 percent to 40 percent, and the rest of the portfolio is hedged to gain from arbitrage opportunities.<\/p>\n

Before going into what these funds are, and when they will suit you, it is first important to know that these funds cannot build long-term wealth efficiently like pure equity funds. To this extent, one should not view these in the same light as equity for long-term portfolios. What equity savings funds offer is stability and tax efficiency; the latter when compared with debt.<\/p>\n

These funds are suitable for those looking for some equity exposure but do not have a very long time frame. They suit those with limited risk appetite and looking for less uncertainty in returns. Many of these funds seek to provide regular dividend income although they are not mandated to do so.<\/p>\n

They are certainly not substitutes for pure equity funds, especially for long-term portfolios, and fit those with a 2-3 year time frame who want tax benefits that are not available in debt-oriented funds for such a short time period.<\/p>\n

Positioning<\/strong><\/p>\n

If you plot the fund categories on a risk-return axis, equity savings funds are positioned between MIP funds and balanced funds. They stand a notch higher than MIP \/ debt-oriented funds, and one notch lower than balanced funds in their risk-return proposition.<\/p>\n\"img_1\"<\/a>\n

How does arbitrage generate returns?<\/strong><\/p>\n

Arbitrage funds look to exploit arbitrage opportunities (the price difference in securities) in different segments of markets. Fund managers opine that there are significantly higher arbitrage opportunities in a bull market, but lesser during falling or flat markets.<\/p>\n

Let us assume that ABC Ltd. trades in the National Stock Exchange (NSE) cash market for Rs. 100, and Rs. 101 (same month futures price) in the futures market. By the end of the month, the future price converges with the cash price. Buying in the cash market and selling in the futures market will entitle a gain of 1 percent. If we assume a 0.2 percent brokerage for these transactions, then the net gain is 0.8 percent, or an annualised return of 9.6 percent.<\/p>\n\"img_2\"<\/a>\n

Pure arbitrage funds hedge their cash positions entirely and hence, the return from a market movement (from unhedged equity) is ruled out. In equity savings funds, there is a good chunk of unhedged equity that can generate returns higher than arbitrage funds. To this extent, equity savings funds carry far higher risk and higher return potential than arbitrage funds.<\/p>\n

Category Performance<\/strong><\/p>\n

Given that many of the funds in this category are of recent origin, they do not have much of a track record. But when reviewing their performance thus far, it appears that they have performed well in relation to the CNX Nifty. In the below chart, the Nifty has fallen by around 5 percent, while equity savings funds delivered positive returns that range from 1.6 percent to 3 percent in the last six months. Their arbitrage component and debt allocation clearly help these funds in down markets.<\/p>\n\"img_3\"<\/a>\n

The unhedged equity portion differs from fund to fund, and also varies in different time periods. Higher the unhedged portion (net equity exposure), higher the volatility. Hence, you need to check this information before investing in these schemes. For instance, Edelweiss Absolute Returns<\/a> also follows a similar strategy, but can take a much higher unhedged equity exposure (we have therefore, not brought the fund under this category).<\/p>\n\n\n\n\n\n\n
Scheme<\/b><\/td>\nUnhedged portion<\/b><\/td>\n<\/tr>\n
Birla Sun Life Equity Savings Fund – Reg. – Growth<\/a><\/td>\n20% – 45%<\/td>\n<\/tr>\n
ICICI Prudential Equity Income Fund – Reg. – Growth<\/a><\/td>\n20% – 40%<\/td>\n<\/tr>\n
Kotak Equity Savings Fund – Reg. – Growth<\/a><\/td>\n15% – 25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Equity savings funds – How they stack up<\/b><\/p>\n\"img_4\"<\/a>\n

Want to know more about equity savings funds? Watch Srikanth Meenakshi, co-founder and COO, FundsIndia.com, decode these funds on Bloomberg TV.<\/a><\/strong><\/p>\n

FundsIndia\u2019s Research team has, to the best of its ability, taken into account various factors \u2013 both quantitative measures and qualitative assessments, in an unbiased manner, while choosing the fund(s) mentioned above. However, they carry unknown risks and uncertainties linked to broad markets, as well as analysts\u2019 expectations about future events. They should not, therefore, be the sole basis of investment decisions. To know how to read our weekly fund reviews, please click here<\/a>.<\/em><\/p>\n

\n
Invest in Equity Savings Funds Now! <\/span><\/a><\/div>\n
Talk to an Advisor <\/span><\/a><\/div>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Equity savings funds are a new variant in the equity mutual fund basket. Exposure to equity, a part of which is hedged, and then some debt, and you have this new fund category. Before going into this product’s details, let\u2019s understand the reason for this new category coming into the mutual fund universe. In the […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,66,72],"tags":[305,171,516],"yoast_head":"\nFundsIndia Reviews: Equity Savings Funds<\/title>\n<meta name=\"description\" content=\"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FundsIndia Reviews: Equity Savings Funds\" \/>\n<meta property=\"og:description\" content=\"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598\" \/>\n<meta property=\"og:site_name\" content=\"Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fundsindia\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-10T08:26:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-13T06:58:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sathyamoorthy N\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\",\"name\":\"Wealth India Financial Services\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/fundsindia\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"width\":189,\"height\":200,\"caption\":\"Wealth India Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"name\":\"Insights\",\"description\":\"Official blog of FundsIndia.com\",\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598\",\"name\":\"FundsIndia Reviews: Equity Savings Funds\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage\"},\"datePublished\":\"2015-06-10T08:26:40+00:00\",\"dateModified\":\"2020-02-13T06:58:07+00:00\",\"description\":\"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fundsindia.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FundsIndia Reviews: Equity Savings Funds\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage\"},\"author\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/ae51ea29b31bb475bc5dcdc8723613f2\"},\"headline\":\"FundsIndia Reviews: Equity Savings Funds\",\"datePublished\":\"2015-06-10T08:26:40+00:00\",\"dateModified\":\"2020-02-13T06:58:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage\"},\"wordCount\":937,\"commentCount\":20,\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg\",\"keywords\":[\"equity savings funds\",\"fund review\",\"Mutual funds\"],\"articleSection\":[\"Mutual funds\",\"Personal Finance\",\"Recommendations\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/ae51ea29b31bb475bc5dcdc8723613f2\",\"name\":\"Sathyamoorthy N\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ff95b26e97b12a8cefe2bc2303932ddd?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ff95b26e97b12a8cefe2bc2303932ddd?s=96&d=mm&r=g\",\"caption\":\"Sathyamoorthy N\"},\"description\":\"N. Sathyamoorthy was a Research Analyst with FundsIndia's Mutual Fund Research Team. He is a Certified Financial Planner from the Financial Planning Standards Board, and is also an AMFI (Association of Mutual Funds in India) certified Mutual Funds Advisor. He holds over 14 years of experience in the financial services and investment advisory space.\",\"sameAs\":[\"http:\/\/www.fundsindia.com\"],\"url\":\"https:\/\/fundsindia.com\/blog\/author\/sathya\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FundsIndia Reviews: Equity Savings Funds","description":"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598","og_locale":"en_US","og_type":"article","og_title":"FundsIndia Reviews: Equity Savings Funds","og_description":"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.","og_url":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598","og_site_name":"Insights","article_publisher":"https:\/\/www.facebook.com\/fundsindia","article_published_time":"2015-06-10T08:26:40+00:00","article_modified_time":"2020-02-13T06:58:07+00:00","og_image":[{"url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg"}],"twitter_misc":{"Written by":"Sathyamoorthy N","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.fundsindia.com\/blog\/#organization","name":"Wealth India Financial Services","url":"https:\/\/www.fundsindia.com\/blog\/","sameAs":["https:\/\/www.facebook.com\/fundsindia"],"logo":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","width":189,"height":200,"caption":"Wealth India Financial Services"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.fundsindia.com\/blog\/#website","url":"https:\/\/www.fundsindia.com\/blog\/","name":"Insights","description":"Official blog of FundsIndia.com","publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg"},{"@type":"WebPage","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage","url":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598","name":"FundsIndia Reviews: Equity Savings Funds","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage"},"datePublished":"2015-06-10T08:26:40+00:00","dateModified":"2020-02-13T06:58:07+00:00","description":"Equity savings funds earn returns from equities, arbitrage trades, and fixed income securities. To retain equity taxation, they restrict debt to 35%.","breadcrumb":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fundsindia.com\/blog"},{"@type":"ListItem","position":2,"name":"FundsIndia Reviews: Equity Savings Funds"}]},{"@type":"Article","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#article","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage"},"author":{"@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/ae51ea29b31bb475bc5dcdc8723613f2"},"headline":"FundsIndia Reviews: Equity Savings Funds","datePublished":"2015-06-10T08:26:40+00:00","dateModified":"2020-02-13T06:58:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#webpage"},"wordCount":937,"commentCount":20,"publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#primaryimage"},"thumbnailUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2015\/06\/img_1.jpg","keywords":["equity savings funds","fund review","Mutual funds"],"articleSection":["Mutual funds","Personal Finance","Recommendations"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/fundsindia-reviews-equity-savings-funds\/7598#respond"]}]},{"@type":"Person","@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/ae51ea29b31bb475bc5dcdc8723613f2","name":"Sathyamoorthy N","image":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/ff95b26e97b12a8cefe2bc2303932ddd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff95b26e97b12a8cefe2bc2303932ddd?s=96&d=mm&r=g","caption":"Sathyamoorthy N"},"description":"N. Sathyamoorthy was a Research Analyst with FundsIndia's Mutual Fund Research Team. He is a Certified Financial Planner from the Financial Planning Standards Board, and is also an AMFI (Association of Mutual Funds in India) certified Mutual Funds Advisor. He holds over 14 years of experience in the financial services and investment advisory space.","sameAs":["http:\/\/www.fundsindia.com"],"url":"https:\/\/fundsindia.com\/blog\/author\/sathya"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7598"}],"collection":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/comments?post=7598"}],"version-history":[{"count":19,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7598\/revisions"}],"predecessor-version":[{"id":17760,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7598\/revisions\/17760"}],"wp:attachment":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/media?parent=7598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/categories?post=7598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/tags?post=7598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}