DSP Nifty 500 Index Fund vs Edelweiss Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Nifty 500 Index Fund is an Index fund and Edelweiss Equity Savings Fund is an Equity Savings fund. DSP Nifty 500 Index Fund charges 0.33% a year and Edelweiss Equity Savings Fund 1.08% (Direct plans). Their portfolios overlap 39.8%: they hold 121 of the same securities.
Edelweiss Equity Savings Fund
Equity Savings
- Expense ratio
- 1.08%
- NAV
- ₹30.25
Which is better, DSP Nifty 500 Index or Edelweiss Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Nifty 500 Index costs less: 0.33% a year against 1.08% (Direct plans).
- Edelweiss Equity Savings fell less in its worst fall since 05-01-2026: −3.5% against −14.6%.
- DSP Nifty 500 Index holds more in large companies: 66.8% of the fund in large caps against 41.7%.
- Edelweiss Equity Savings is the larger fund: ₹1,704 Cr against ₹17 Cr.
- Their portfolios overlap 39.8%: 121 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 | DSP Nifty 500 Index Fund | Edelweiss Equity Savings Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Edelweiss Mutual Fund |
| Category | Index | Equity Savings |
| AUM | ₹17 Cr (30-09-2026) | ₹1,704 Cr (30-09-2026) |
| NAV | ₹9.15 (Direct) | ₹30.25 (Direct) |
| Expense ratio (Direct) | 0.33% | 1.08% |
| Expense ratio (Regular) | 1.06% | 2.08% |
| Riskometer | Very High | Moderate |
| Benchmark | Nifty 500 TRI | Nifty Equity Savings Index |
| Launch date | 05-01-2026 | 13-10-2014 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Bharat Lahoti, Bhavesh Jain, Rahul Dedhia, Kedar Karnik |
| Exit load | Nil | Exit load of 0.25%, if redeemed within 30 days. |
DSP Nifty 500 Index vs Edelweiss Equity Savings: 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 |
|---|---|---|---|---|---|---|---|
| DSP Nifty 500 Index Fund (Direct) | −0.79% | −6.11% | −2.97% | -- | -- | -- | -- |
| Edelweiss Equity Savings Fund (Direct) | −0.68% | +0.27% | +3.54% | +5.36% | +10.93% | +9.34% | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
DSP Nifty 500 Index vs Edelweiss Equity Savings: Year-wise Returns
| Year | DSP Nifty 500 IndexDSP Nifty 500 Index | Edelweiss Equity SavingsEdelweiss Equity Savings |
|---|---|---|
| 2026to date | -- | +4.53% |
| 2025 | -- | +9.03% |
| 2024 | -- | +14.47% |
| 2023 | -- | +14.29% |
| 2022 | -- | +4.65% |
| 2021 | -- | +13.07% |
DSP Nifty 500 Index vs Edelweiss Equity Savings: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of DSP Nifty 500 Index Fund
DSP Nifty 500 Index vs Edelweiss Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty 500 Index Fund (Direct) | Edelweiss Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.31% | +10.34% |
| Standard deviation | 15.37% | 4.72% |
| Sharpe ratio | -1.01 | 1.05 |
| Sortino ratio | -1.34 | 1.46 |
| Maximum drawdown | −14.6% (30-03-2026) | −9.5% (23-03-2020) |
| Beta | 0.99 | -- |
| Alpha | −0.40% | -- |
From daily NAVs, 05-01-2026 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.
DSP Nifty 500 Index Fund (Direct)
Edelweiss Equity Savings Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty 500 Index Fund (Direct) | −14.6% | 05-01-2026 | 30-03-2026 | Not yet | -- | −8.5% |
| Edelweiss Equity Savings Fund (Direct) | −3.5% | 18-02-2026 | 23-03-2026 | 17-04-2026 | 25 days | −1.5% |
| Nifty 500 TRI | −14.6% | 05-01-2026 | 30-03-2026 | Not yet | -- | −8.2% |
From daily values since 05-01-2026, the first day every fund has.
DSP Nifty 500 Index vs Edelweiss Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty 500 Index Fund, September 2026; Edelweiss Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 39.8%
- Held by both
- 121
- Only in DSP Nifty 500 Index
- 377
- Only in Edelweiss Equity Savings
- 34
| Security | % of DSP Nifty 500 Index | % of Edelweiss Equity Savings |
|---|---|---|
| HDFC Bank Limited | 5.64% | 4.92% |
| ICICI Bank Limited | 4.92% | 4.58% |
| Reliance Industries Limited | 4.12% | 2.93% |
| Bharti Airtel Limited | 2.77% | 3.10% |
| Axis Bank Limited | 1.83% | 1.44% |
| Kotak Mahindra Bank Limited | 1.59% | 0.84% |
| Eternal Limited | 1.20% | 0.75% |
| Adani Ports and Special Economic Zone Limited | 0.73% | 1.05% |
| Hindalco Industries Limited | 0.71% | 1.49% |
| BSE Limited | 0.66% | 0.91% |
| Hindustan Unilever Limited | 0.87% | 0.65% |
| Divi's Laboratories Limited | 0.61% | 0.65% |
| Grasim Industries Limited | 0.60% | 0.61% |
| State Bank of India | 2.06% | 0.59% |
| Mahindra & Mahindra Limited | 1.37% | 0.58% |
| Bajaj Finance Limited | 1.36% | 0.56% |
| Titan Co Limited | 0.98% | 0.48% |
| ITC Limited | 1.31% | 0.46% |
| Multi Commodity Exchange Of India Limited | 0.44% | 1.64% |
| Sun Pharmaceutical Industries Limited | 1.00% | 0.36% |
| NTPC Limited | 0.80% | 0.35% |
| JSW Steel Limited | 0.63% | 0.35% |
| Ultratech Cement Limited | 0.67% | 0.34% |
| Larsen & Toubro Limited | 2.28% | 0.33% |
| Bajaj Finserv Limited | 0.52% | 0.33% |
| Hero MotoCorp Limited | 0.35% | 0.33% |
| One 97 Communications Limited | 0.37% | 0.31% |
| Bharat Petroleum Corporation Limited | 0.32% | 0.31% |
| IndusInd Bank Limited | 0.31% | 0.43% |
| Federal Bank Limited | 0.41% | 0.30% |
| Maruti Suzuki India Limited | 0.81% | 0.25% |
| Hindustan Aeronautics Limited | 0.46% | 0.25% |
| Tata Motors Passenger Vehicles Limited | 0.31% | 0.25% |
| Indus Towers Limited | 0.25% | 0.38% |
| Tata Consultancy Services Limited | 1.09% | 0.24% |
| Tech Mahindra Limited | 0.50% | 0.24% |
| AU Small Finance Bank Limited | 0.30% | 0.24% |
| Ge Vernova T&D India Limited | 0.27% | 0.24% |
| Vedanta Aluminium Metal Limited | 0.36% | 0.23% |
| Brookfield India Real Estate Trust | 0.23% | 1.22% |
| Shriram Finance Limited | 0.71% | 0.22% |
| Bharat Heavy Electricals Limited | 0.31% | 0.22% |
| Adani Green Energy Limited | 0.22% | 2.70% |
| Infosys Limited | 1.82% | 0.21% |
| Bharat Electronics Limited | 0.72% | 0.21% |
| Apollo Hospitals Enterprise Limited | 0.44% | 0.21% |
| Britannia Industries Limited | 0.30% | 0.21% |
| CG Power and Industrial Solutions Limited | 0.30% | 0.20% |
| APL Apollo Tubes Limited | 0.21% | 0.20% |
| Bajaj Auto Limited | 0.62% | 0.19% |
| Torrent Pharmaceuticals Limited | 0.37% | 0.19% |
| Swiggy Limited | 0.19% | 0.26% |
| Vodafone Idea Limited | 0.19% | 2.42% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.46% |
| Polycab India Limited | 0.22% | 0.17% |
| Union Bank Of India | 0.17% | 0.20% |
| National Aluminium Co Limited | 0.16% | 1.05% |
| UPL Limited | 0.16% | 1.27% |
| Asian Paints Limited | 0.56% | 0.14% |
| TVS Motor Co Limited | 0.50% | 0.14% |
| Life Insurance Corporation Of India | 0.26% | 0.14% |
| Vedanta Limited | 0.24% | 0.14% |
| Indian Bank | 0.15% | 0.14% |
| Billionbrains Garage Ventures Limited | 0.14% | 0.82% |
| Steel Authority of India Limited | 0.14% | 4.26% |
| NMDC Limited | 0.14% | 1.36% |
| RBL Bank Limited | 0.13% | 0.73% |
| Coal India Limited | 0.53% | 0.12% |
| Cipla Limited | 0.39% | 0.12% |
| Pidilite Industries Limited | 0.24% | 0.12% |
| Mphasis Limited | 0.15% | 0.12% |
| Ambuja Cements Limited | 0.12% | 0.62% |
| Central Depository Services (India) Limited | 0.12% | 0.19% |
| Kalyan Jewellers India Limited | 0.11% | 0.11% |
| HCL Technologies Limited | 0.67% | 0.10% |
| Dixon Technologies (India) Limited | 0.28% | 0.10% |
| Hindustan Petroleum Corporation Limited | 0.17% | 0.10% |
| Muthoot Finance Limited | 0.15% | 0.10% |
| Interglobe Aviation Limited | 0.59% | 0.09% |
| Persistent Systems Limited | 0.30% | 0.09% |
| Power Finance Corporation Limited | 0.25% | 0.09% |
| FSN E-Commerce Ventures Limited | 0.23% | 0.09% |
| Punjab National Bank | 0.20% | 0.09% |
| Astral Limited | 0.09% | 0.19% |
| SBI Cards and Payment Services Limited | 0.09% | 0.09% |
| ICICI Prudential Asset Management Co Limited | 0.09% | 0.17% |
| Manappuram Finance Limited | 0.09% | 0.74% |
| Bandhan Bank Limited | 0.09% | 0.28% |
| Neuland Laboratories Limited | 0.09% | 0.44% |
| Mazagon Dock Shipbuilders Limited | 0.08% | 0.23% |
| Schaeffler India Limited | 0.08% | 0.20% |
| HDFC Life Insurance Co Limited | 0.29% | 0.07% |
| Lupin Limited | 0.26% | 0.07% |
| Adani Energy Solutions Limited | 0.22% | 0.07% |
| Canara Bank | 0.21% | 0.07% |
| REC Limited | 0.19% | 0.07% |
| Aster DM Quality Care Limited | 0.10% | 0.07% |
| Cholamandalam Financial Holdings Limited | 0.07% | 0.08% |
| Bagmane Prime Office REIT | 0.07% | 0.83% |
| Abbott India Limited | 0.07% | 0.13% |
| Yes Bank Limited | 0.19% | 0.06% |
| Bank of Baroda | 0.22% | 0.05% |
| GMR Airports Limited | 0.17% | 0.05% |
| Biocon Limited | 0.13% | 0.05% |
| HDFC Asset Management Co Limited | 0.24% | 0.04% |
| GAIL (India) Limited | 0.24% | 0.04% |
| Ashok Leyland Limited | 0.23% | 0.04% |
| Azad Engineering Limited | 0.04% | 0.21% |
| CEAT Limited | 0.04% | 0.29% |
| Gabriel India Limited | 0.04% | 0.35% |
| Adani Enterprises Limited | 0.51% | 0.03% |
| Mankind Pharma Limited | 0.15% | 0.03% |
| Aether Industries Limited | 0.03% | 0.31% |
| Jindal Steel Limited | 0.22% | 0.02% |
| Vedanta Iron And Steel Limited | 0.03% | 0.02% |
| Vedanta Power Limited | 0.03% | 0.02% |
| Vedanta Oil And Gas Limited | 0.03% | 0.02% |
| Aavas Financiers Limited | 0.02% | 0.04% |
| Jio Financial Services Limited | 0.37% | 0.01% |
| Godrej Consumer Products Limited | 0.18% | 0.01% |
| JSW Energy Limited | 0.16% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.8% means 39.8% 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 DSP Nifty 500 Index Fund
| Security | % of fund |
|---|---|
| Tata Steel Limited | 0.79% |
| Power Grid Corporation of India Limited | 0.61% |
| Eicher Motors Limited | 0.51% |
| Nestle India Limited | 0.49% |
| Tata Motors Limited | 0.46% |
Largest holdings only in Edelweiss Equity Savings Fund
| Security | % of fund |
|---|---|
| EDELWEISS ULTRA SHORT TERM FUND | 4.41% |
| EDELWEISS LOW DURATION FUND | 3.69% |
| 7.65% HDB FIN SERV NCD 10-09-27 | 2.92% |
| EDELWEISS LIQUID FUND - DIRECT PL -GR | 2.51% |
| EDELWEISS MONEY MARKET FUND - DIRECT PL | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty 500 Index | Edelweiss Equity Savings |
|---|---|---|
| Equity | 99.1% | 64.9% |
| Debt | 0.0% | 8.5% |
| Cash and others | 0.9% | 26.6% |
Market cap of stocks
| Market cap | DSP Nifty 500 Index | Edelweiss Equity Savings |
|---|---|---|
| Large Cap | 66.8% | 41.7% |
| Mid Cap | 20.8% | 14.3% |
| Small Cap | 11.3% | 6.7% |
| Not on AMFI's list | 0.1% | 2.3% |
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 | DSP Nifty 500 Index | Edelweiss Equity Savings |
|---|---|---|
| Banks | 19.2% | 15.0% |
| Finance | 6.4% | 2.3% |
| Telecom - Services | 3.5% | 5.9% |
| Pharmaceuticals & Biotechnology | 5.7% | 2.5% |
| IT - Software | 5.6% | 1.0% |
| Petroleum Products | 5.0% | 3.3% |
| Automobiles | 4.9% | 1.7% |
| Ferrous Metals | 2.0% | 4.7% |
| Capital Markets | 2.5% | 4.3% |
| Power | 3.4% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty 500 Index vs Edelweiss Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty 500 Index Fund | Edelweiss Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.33% | 1.08% |
| Base expense ratio (Direct) | 0.17% | 0.51% |
| Total expense ratio (Regular) | 1.06% | 2.08% |
| Base expense ratio (Regular) | 0.80% | 1.36% |
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.
More comparisons
Each fund against the others of its category
DSP Nifty 500 Index Fund vs Edelweiss Equity Savings Fund: Frequently Asked Questions
What is the difference between DSP Nifty 500 Index Fund and Edelweiss Equity Savings Fund?
DSP Nifty 500 Index Fund is an Index fund, Edelweiss Equity Savings Fund is an Equity Savings fund, run by DSP Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 39.8%. DSP Nifty 500 Index Fund charges 0.33% a year and Edelweiss Equity Savings Fund 1.08%.
Which has the lower expense ratio, DSP Nifty 500 Index Fund or Edelweiss Equity Savings Fund?
DSP Nifty 500 Index Fund charges less: 0.33% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Nifty 500 Index Fund and Edelweiss Equity Savings Fund overlap?
39.8%. They hold 121 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, DSP Nifty 500 Index Fund or Edelweiss Equity Savings Fund?
On SEBI's riskometer, DSP Nifty 500 Index Fund is rated Very High and Edelweiss Equity Savings Fund Moderate. Over their common history, the standard deviation of daily returns was 15.37% and 4.72% a year.
Can I invest in both DSP Nifty 500 Index Fund and Edelweiss Equity Savings Fund?
Yes. 39.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Nifty 500 Index Fund and Edelweiss Equity Savings Fund?
DSP Nifty 500 Index Fund: Anil Ghelani, Diipesh Shah, Neha Rathi. Edelweiss Equity Savings Fund: Bharat Lahoti, Bhavesh Jain, Rahul Dedhia, Kedar Karnik.
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.