Axis Nifty500 Momentum 50 Index Fund vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty500 Momentum 50 Index Fund is an Index fund and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund is an Index fund. In the year to 30-10-2026, Axis Nifty500 Momentum 50 Index Fund (Direct) returned −4.1% and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) returned −9.5%. Axis Nifty500 Momentum 50 Index Fund charges 0.58% a year and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund 0.70% (Direct plans). Their portfolios overlap 38.8%: they hold 21 of the same securities.
Axis Nifty500 Momentum 50 Index Fund
Index
- 1 year return
- −4.1%
- Expense ratio
- 0.58%
- NAV
- ₹10.66
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
Index
- 1 year return
- −9.5%
- Expense ratio
- 0.70%
- NAV
- ₹8.44
Which is better, Axis Nifty500 Momentum 50 Index or Edelweiss Nifty500 Multicap Momentum Quality 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Nifty500 Momentum 50 Index returned more over 1 year: −4.1% against −9.5%.
- Axis Nifty500 Momentum 50 Index costs less: 0.58% a year against 0.70% (Direct plans).
- Axis Nifty500 Momentum 50 Index fell less in its worst fall since 18-02-2025: −17.0% against −17.1%.
- Edelweiss Nifty500 Multicap Momentum Quality 50 Index is the larger fund: ₹602 Cr against ₹175 Cr.
- Their portfolios overlap 38.8%: 21 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Nifty500 Momentum 50 Index Fund | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Edelweiss Mutual Fund |
| Category | Index | Index |
| AUM | ₹175 Cr (30-09-2026) | ₹602 Cr (30-09-2026) |
| NAV | ₹10.66 (Direct) | ₹8.44 (Direct) |
| Expense ratio (Direct) | 0.58% | 0.70% |
| Expense ratio (Regular) | 1.45% | 1.37% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 Momentum 50 TRI | Nifty500 Multicap Momentum Quality 50 TRI |
| Launch date | 13-02-2025 | 31-10-2024 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Manasi Jalgaonkar |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | Nil |
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Nifty500 Momentum 50 Index Fund (Direct) | −2.41% | −1.53% | −0.24% | −4.11% | -- | -- | -- |
| Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) | −4.10% | −4.88% | −7.68% | −9.52% | -- | -- | -- |
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Year-wise Returns
| Year | Axis Nifty500 MomentumAxis Nifty500 Momentum 50 Index | Edelweiss Nifty500 Multicap Momentum QualityEdelweiss Nifty500 Multicap Momentum Quality 50 Index |
|---|---|---|
| 2026to date | −1.85% | −6.56% |
| 2025 | -- | −8.56% |
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Momentum 50 TRI, the benchmark of Axis Nifty500 Momentum 50 Index Fund
Rolling returns
Every 1-year holding period, 173 of them, one for each trading day from 18-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Nifty500 Momentum 50 Index Fund (Direct)
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct)
Nifty500 Momentum 50 TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty500 Momentum 50 Index | 28.9 | 35.3 | 25.4 | 9.2 | 1.2 | 0.0 | 0.0 | 3.3% | 2.8% | −9.1% | 16.1% | 0% |
| Edelweiss Nifty500 Multicap Momentum Quality 50 Index | 47.7 | 26.2 | 16.3 | 9.3 | 0.6 | 0.0 | 0.0 | 1.1% | 0.3% | −12.5% | 15.5% | 16% |
| Nifty500 Momentum 50 TRI | 24.3 | 35.3 | 29.5 | 9.2 | 1.7 | 0.0 | 0.0 | 3.9% | 3.4% | −8.6% | 17.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty500 Momentum 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-02-2025. Past returns do not promise future returns.
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 18-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Nifty500 Momentum 50 IndexAxis Nifty500 Momentum 50 Index Fund (Direct) | ₹2,10,000 | ₹2,11,597 | ₹1,597 | 0.8% |
| Edelweiss Nifty500 Multicap Momentum Quality 50 IndexEdelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) | ₹2,10,000 | ₹1,99,375 | −₹10,625 | −5.6% |
Axis Nifty500 Momentum 50 IndexAxis Nifty500 Momentum 50 Index Fund (Direct)
Edelweiss Nifty500 Multicap Momentum Quality 50 IndexEdelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty500 Momentum 50 Index Fund (Direct) | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.11% | −9.52% |
| Standard deviation | 19.37% | 17.43% |
| Sharpe ratio | -0.48 | -0.85 |
| Sortino ratio | -0.66 | -1.13 |
| Maximum drawdown | −16.4% (23-03-2026) | −15.5% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.52% | −0.54% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Nifty500 Momentum 50 Index Fund (Direct) | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.78% | −8.11% |
| Standard deviation | 18.81% | 18.11% |
| Sharpe ratio | 0.02 | -0.76 |
| Sortino ratio | 0.02 | -1.01 |
| Maximum drawdown | −17.0% (23-03-2026) | −27.7% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.51% | −0.72% |
From daily NAVs, 18-02-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Nifty500 Momentum 50 Index Fund (Direct)
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct)
Nifty500 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty500 Momentum 50 Index Fund (Direct) | −17.0% | 26-06-2025 | 23-03-2026 | 12-08-2026 | 5 months | −8.0% |
| Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) | −17.1% | 30-06-2025 | 23-03-2026 | Not yet | -- | −12.5% |
| Nifty500 Momentum 50 TRI | −16.8% | 30-06-2025 | 23-03-2026 | 12-08-2026 | 5 months | −8.0% |
From daily values since 18-02-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Nifty500 Momentum 50 Index Fund (Direct)
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct)
Nifty500 Momentum 50 TRI
Against Nifty500 Momentum 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty500 Momentum 50 Index Fund (Direct) | 98% | 100% | 0.31% |
| Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Direct) | 85% | 94% | 6.10% |
From month-end values since 18-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty500 Momentum 50 Index Fund, September 2026; Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund, September 2026
Holdings in common
- Overlap
- 38.8%
- Held by both
- 21
- Only in Axis Nifty500 Momentum 50 Index
- 29
- Only in Edelweiss Nifty500 Multicap Momentum Quality 50 Index
- 29
| Security | % of Axis Nifty500 Momentum 50 Index | % of Edelweiss Nifty500 Multicap Momentum Quality 50 Index |
|---|---|---|
| Multi Commodity Exchange of India Limited | 5.87% | 5.64% |
| Cummins India Limited | 4.33% | 4.44% |
| BSE Limited | 4.02% | 4.18% |
| CG Power and Industrial Solutions Limited | 2.87% | 4.79% |
| Hitachi Energy India Limited | 2.74% | 3.64% |
| Polycab India Limited | 2.34% | 3.67% |
| Welspun Corp Limited | 2.17% | 3.49% |
| National Aluminium Company Limited | 2.50% | 2.04% |
| ABB India Limited | 1.75% | 2.64% |
| Acutaas Chemicals Limited | 1.48% | 2.28% |
| Apar Industries Limited | 1.46% | 2.80% |
| Karur Vysya Bank Limited | 1.35% | 1.88% |
| KEI Industries Limited | 1.34% | 1.96% |
| Anand Rathi Wealth Limited | 1.18% | 2.28% |
| Hindustan Copper Limited | 0.93% | 0.98% |
| Bank of Maharashtra | 0.81% | 1.45% |
| The Great Eastern Shipping Company Limited | 0.75% | 1.14% |
| Finolex Cables Limited | 0.55% | 0.78% |
| Schneider Electric Infrastructure Limited | 0.48% | 0.71% |
| Aditya Birla Sun Life AMC Limited | 0.38% | 0.62% |
| Gujarat Mineral Development Corporation Limited | 0.18% | 0.22% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.8% means 38.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Nifty500 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| Laurus Labs Limited | 6.18% |
| Shriram Finance Limited | 4.88% |
| Hindalco Industries Limited | 4.88% |
| Adani Power Limited | 4.49% |
| GE Vernova T&D India Limited | 4.20% |
Largest holdings only in Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
| Security | % of fund |
|---|---|
| Coal India Ltd. | 5.06% |
| Eicher Motors Ltd. | 5.04% |
| Bharat Electronics Ltd. | 4.85% |
| Asian Paints Ltd. | 4.66% |
| Solar Industries India Ltd. | 3.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty500 Momentum 50 Index | Edelweiss Nifty500 Multicap Momentum Quality 50 Index |
|---|---|---|
| Equity | 100.1% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.2% |
Market cap of stocks
| Market cap | Axis Nifty500 Momentum 50 Index | Edelweiss Nifty500 Multicap Momentum Quality 50 Index |
|---|---|---|
| Large Cap | 43.0% | 50.5% |
| Mid Cap | 35.8% | 26.5% |
| Small Cap | 21.4% | 22.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Nifty500 Momentum 50 Index | Edelweiss Nifty500 Multicap Momentum Quality 50 Index |
|---|---|---|
| Capital Markets | 11.4% | 20.0% |
| Electrical Equipment | 17.8% | 15.0% |
| Industrial Products | 12.6% | 15.7% |
| Pharmaceuticals & Biotechnology | 13.7% | 4.3% |
| Non - Ferrous Metals | 8.3% | 3.0% |
| Power | 7.6% | 0.0% |
| Aerospace & Defense | 0.0% | 6.3% |
| Automobiles | 2.1% | 5.5% |
| Consumable Fuels | 0.0% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty500 Momentum 50 Index vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty500 Momentum 50 Index Fund | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.58% | 0.70% |
| Base expense ratio (Direct) | 0.15% | 0.33% |
| Total expense ratio (Regular) | 1.45% | 1.37% |
| Base expense ratio (Regular) | 0.90% | 0.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Axis Nifty500 Momentum 50 Index Fund vs Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty500 Momentum 50 Index Fund and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund is an Index fund, Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund is an Index fund, run by Axis Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 38.8%. Axis Nifty500 Momentum 50 Index Fund charges 0.58% a year and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund 0.70%.
Which has given higher returns, Axis Nifty500 Momentum 50 Index Fund or Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
Over 1 year: Axis Nifty500 Momentum 50 Index Fund −4.11%, Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund −9.52%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Nifty500 Momentum 50 Index Fund or Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund charges less: 0.58% a year against 0.70%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty500 Momentum 50 Index Fund and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund overlap?
38.8%. They hold 21 of the same securities, the largest shared ones being MCX, CUMMINSIND, BSE. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty500 Momentum 50 Index Fund or Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
On SEBI's riskometer, Axis Nifty500 Momentum 50 Index Fund is rated Very High and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 19.37% and 17.43% a year.
Can I invest in both Axis Nifty500 Momentum 50 Index Fund and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
Yes. 38.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Nifty500 Momentum 50 Index Fund and Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund?
Axis Nifty500 Momentum 50 Index Fund: Nandik Malik, Rohit Gautam. Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund: Manasi Jalgaonkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.