Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss BSE Capital Markets & Insurance ETF is an ETF fund and Motilal Oswal Nifty MidSmall Financial Services Index Fund is a mutual fund. In the year to 30-10-2026, Edelweiss BSE Capital Markets & Insurance ETF returned −7.3% and Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) returned 0.8%. Edelweiss BSE Capital Markets & Insurance ETF charges 0.57% a year and Motilal Oswal Nifty MidSmall Financial Services Index Fund 0.89%. Their portfolios overlap 34.7%: they hold 12 of the same securities.
Edelweiss BSE Capital Markets & Insurance ETF
ETF
- 1 year return
- −7.3%
- Expense ratio
- 0.57%
- NAV
- ₹22.01
Motilal Oswal Nifty MidSmall Financial Services Index Fund
- 1 year return
- 0.8%
- Expense ratio
- 0.89%
- NAV
- ₹13.03
Which is better, Edelweiss BSE Capital Markets & Insurance ETF or Motilal Oswal Nifty MidSmall Financial Services Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty MidSmall Financial Services Index returned more over 1 year: 0.8% against −7.3%.
- Edelweiss BSE Capital Markets & Insurance ETF costs less: 0.57% a year against 0.89%.
- Motilal Oswal Nifty MidSmall Financial Services Index fell less in its worst fall since 31-12-2024: −17.4% against −17.6%.
- Edelweiss BSE Capital Markets & Insurance ETF holds more in large companies: 42.4% of the fund in large caps against 8.0%.
- Motilal Oswal Nifty MidSmall Financial Services Index is the larger fund: ₹118 Cr against ₹14 Cr.
- Their portfolios overlap 34.7%: 12 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 | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹14 Cr (30-09-2026) | ₹118 Cr (30-09-2026) |
| NAV | ₹22.01 | ₹13.03 (Direct) |
| Expense ratio (Direct) | Not available | 0.89% |
| Expense ratio (Regular) | Not available | 1.29% |
| Riskometer | Very High | Not available |
| Benchmark | BSE Capital Markets & Insurance TRI | Not available |
| Launch date | 30-12-2024 | Not available |
| Minimum investment | ₹25,00,00,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar | Not available |
| Exit load | Nil | Not available |
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss BSE Capital Markets & Insurance ETF | −2.92% | −6.76% | −6.85% | −7.30% | -- | -- | -- |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) | −5.32% | −9.84% | −6.11% | +0.78% | -- | -- | -- |
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index: Year-wise Returns
| Year | Edelweiss BSE Capital Markets & Insurance ETFEdelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services IndexMotilal Oswal Nifty MidSmall Financial Services Index |
|---|---|---|
| 2026to date | −8.98% | −4.06% |
| 2025 | +15.96% | +30.50% |
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index: Rolling Returns
Every holding period of both funds, against BSE CAPITAL MARKETS & INSURANCE TRI, the benchmark of Edelweiss BSE Capital Markets & Insurance ETF
Rolling returns
Every 1-year holding period, 206 of them, one for each trading day from 31-12-2025 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.
Edelweiss BSE Capital Markets & Insurance ETF
Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct)
BSE CAPITAL MARKETS & INSURANCE TRI
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss BSE Capital Markets & Insurance ETF | 12.1 | 30.6 | 8.7 | 9.7 | 13.6 | 9.7 | 15.5 | 11.6% | 8.0% | −8.4% | 35.5% | 0% |
| Motilal Oswal Nifty MidSmall Financial Services Index | 0.0 | 2.9 | 1.5 | 6.4 | 15.2 | 20.1 | 53.9 | 26.5% | 25.8% | 0.8% | 47.2% | 100% |
| BSE CAPITAL MARKETS & INSURANCE TRI | 9.7 | 31.1 | 10.7 | 8.7 | 13.6 | 10.2 | 16.0 | 11.9% | 8.3% | −8.1% | 35.9% | -- |
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 BSE CAPITAL MARKETS & INSURANCE 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 31-12-2024. Past returns do not promise future returns.
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services 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 31-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss BSE Capital Markets & Insurance ETFEdelweiss BSE Capital Markets & Insurance ETF | ₹2,30,000 | ₹2,27,575 | −₹2,425 | −1.1% |
| Motilal Oswal Nifty MidSmall Financial Services IndexMotilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) | ₹2,30,000 | ₹2,47,284 | ₹17,284 | 7.5% |
Edelweiss BSE Capital Markets & Insurance ETFEdelweiss BSE Capital Markets & Insurance ETF
Motilal Oswal Nifty MidSmall Financial Services IndexMotilal Oswal Nifty MidSmall Financial Services 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.
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.30% | +0.78% |
| Standard deviation | 18.51% | 20.85% |
| Sharpe ratio | -0.68 | -0.21 |
| Sortino ratio | -0.94 | -0.30 |
| Maximum drawdown | −13.7% (31-03-2026) | −15.0% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.82% |
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 | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.00% | +13.57% |
| Standard deviation | 18.89% | 21.10% |
| Sharpe ratio | -0.13 | 0.38 |
| Sortino ratio | -0.19 | 0.54 |
| Maximum drawdown | −17.6% (04-03-2025) | −19.9% (13-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.90% |
From daily NAVs, 31-12-2024 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.
Edelweiss BSE Capital Markets & Insurance ETF
Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct)
BSE CAPITAL MARKETS & INSURANCE TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss BSE Capital Markets & Insurance ETF | −17.6% | 02-01-2025 | 04-03-2025 | 15-05-2025 | 2 months | −11.9% |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) | −17.4% | 02-01-2025 | 13-03-2025 | 21-04-2025 | 39 days | −13.6% |
| BSE CAPITAL MARKETS & INSURANCE TRI | −17.5% | 02-01-2025 | 04-03-2025 | 15-05-2025 | 2 months | −11.8% |
From daily values since 31-12-2024, 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.
Edelweiss BSE Capital Markets & Insurance ETF
Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct)
BSE CAPITAL MARKETS & INSURANCE TRI
Against BSE CAPITAL MARKETS & INSURANCE TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss BSE Capital Markets & Insurance ETF | 99% | 100% | 0.08% |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund (Direct) | 131% | 99% | 7.86% |
From month-end values since 31-12-2024. 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.
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss BSE Capital Markets & Insurance ETF, September 2026; Motilal Oswal Nifty MidSmall Financial Services Index Fund, September 2026
Holdings in common
- Overlap
- 34.7%
- Held by both
- 12
- Only in Edelweiss BSE Capital Markets & Insurance ETF
- 14
- Only in Motilal Oswal Nifty MidSmall Financial Services Index
- 18
| Security | % of Edelweiss BSE Capital Markets & Insurance ETF | % of Motilal Oswal Nifty MidSmall Financial Services Index |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 10.19% | 8.52% |
| Life Insurance Corporation of India | 8.73% | 5.07% |
| ICICI Lombard General Insurance Co. Ltd. | 6.17% | 3.92% |
| Max Financial Services Ltd. | 5.75% | 3.69% |
| 360 One Wam Ltd. | 4.24% | 2.74% |
| Nippon Life India Asset Management Ltd. | 3.05% | 1.95% |
| Angel One Ltd. | 2.40% | 1.81% |
| ICICI Prudential Life Insurance Co Ltd. | 2.76% | 1.78% |
| Computer Age Management Services Ltd. | 2.58% | 1.63% |
| Motilal Oswal Financial Services Ltd. | 2.48% | 1.60% |
| KFIN Technologies Ltd. | 1.78% | 1.14% |
| Indian Energy Exchange Ltd. | 1.36% | 0.86% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.7% means 34.7% 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 Edelweiss BSE Capital Markets & Insurance ETF
| Security | % of fund |
|---|---|
| SBI Life Insurance Company Ltd. | 10.33% |
| HDFC Life Insurance Company Ltd. | 8.80% |
| HDFC Asset Management Company Ltd. | 7.33% |
| Billionbrains Garage Ventures Ltd. | 4.22% |
| Anand Rathi Wealth Ltd. | 3.07% |
Largest holdings only in Motilal Oswal Nifty MidSmall Financial Services Index Fund
| Security | % of fund |
|---|---|
| The Federal Bank Limited | 7.93% |
| One 97 Communications Limited | 7.31% |
| IndusInd Bank Limited | 6.01% |
| AU Small Finance Bank Limited | 5.94% |
| IDFC First Bank Limited | 5.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.0% |
Market cap of stocks
| Market cap | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index |
|---|---|---|
| Large Cap | 42.4% | 8.0% |
| Mid Cap | 36.8% | 77.1% |
| Small Cap | 20.8% | 15.0% |
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 | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index |
|---|---|---|
| Capital Markets | 51.6% | 22.5% |
| Insurance | 48.4% | 14.5% |
| Banks | 0.0% | 35.3% |
| Finance | 0.0% | 16.6% |
| Financial Technology (Fintech) | 0.0% | 11.1% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss BSE Capital Markets & Insurance ETF | Motilal Oswal Nifty MidSmall Financial Services Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.89% |
| Base expense ratio (Direct) | 0.00% | 0.55% |
| Total expense ratio (Regular) | Not available | 1.29% |
| Base expense ratio (Regular) | 0.23% | 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.
Edelweiss BSE Capital Markets & Insurance ETF vs Motilal Oswal Nifty MidSmall Financial Services Index Fund: Frequently Asked Questions
What is the difference between Edelweiss BSE Capital Markets & Insurance ETF and Motilal Oswal Nifty MidSmall Financial Services Index Fund?
Edelweiss BSE Capital Markets & Insurance ETF is an ETF fund, Motilal Oswal Nifty MidSmall Financial Services Index Fund is a mutual fund, run by Edelweiss Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 34.7%. Edelweiss BSE Capital Markets & Insurance ETF charges 0.57% a year and Motilal Oswal Nifty MidSmall Financial Services Index Fund 0.89%.
Which has given higher returns, Edelweiss BSE Capital Markets & Insurance ETF or Motilal Oswal Nifty MidSmall Financial Services Index Fund?
Over 1 year: Edelweiss BSE Capital Markets & Insurance ETF −7.30%, Motilal Oswal Nifty MidSmall Financial Services Index Fund +0.78%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss BSE Capital Markets & Insurance ETF or Motilal Oswal Nifty MidSmall Financial Services Index Fund?
Edelweiss BSE Capital Markets & Insurance ETF charges less: 0.57% a year against 0.89%. These are the total expense ratios reported to AMFI.
How much do Edelweiss BSE Capital Markets & Insurance ETF and Motilal Oswal Nifty MidSmall Financial Services Index Fund overlap?
34.7%. They hold 12 of the same securities, the largest shared ones being MCX, LICI, ICICIGI. From each fund's latest monthly portfolio.
Can I invest in both Edelweiss BSE Capital Markets & Insurance ETF and Motilal Oswal Nifty MidSmall Financial Services Index Fund?
Yes. 34.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.