Edelweiss BSE Capital Markets & Insurance ETF vs Tata NIFTY Capital Markets 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 Tata NIFTY Capital Markets Index Fund is an Index fund. In the year to 30-10-2026, Edelweiss BSE Capital Markets & Insurance ETF returned −7.3% and Tata NIFTY Capital Markets Index Fund (Direct) returned 13.0%. Edelweiss BSE Capital Markets & Insurance ETF charges 0.57% a year and Tata NIFTY Capital Markets Index Fund 0.64%. Their portfolios overlap 49.8%: they hold 15 of the same securities.
Edelweiss BSE Capital Markets & Insurance ETF
ETF
- 1 year return
- −7.3%
- Expense ratio
- 0.57%
- NAV
- ₹22.01
Tata NIFTY Capital Markets Index Fund
Index
- 1 year return
- 13.0%
- Expense ratio
- 0.64%
- NAV
- ₹13.99
Which is better, Edelweiss BSE Capital Markets & Insurance ETF or Tata NIFTY Capital Markets Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata NIFTY Capital Markets Index returned more over 1 year: 13.0% against −7.3%.
- Edelweiss BSE Capital Markets & Insurance ETF costs less: 0.57% a year against 0.64%.
- Edelweiss BSE Capital Markets & Insurance ETF fell less in its worst fall since 31-12-2024: −17.6% against −28.7%.
- Tata NIFTY Capital Markets Index is the larger fund: ₹964 Cr against ₹14 Cr.
- Their portfolios overlap 49.8%: 15 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 | Tata NIFTY Capital Markets Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Tata Mutual Fund |
| Category | ETF | Index |
| AUM | ₹14 Cr (30-09-2026) | ₹964 Cr (30-09-2026) |
| NAV | ₹22.01 | ₹13.99 (Direct) |
| Expense ratio (Direct) | Not available | 0.64% |
| Expense ratio (Regular) | Not available | 1.24% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Capital Markets & Insurance TRI | Nifty Capital Markets Index (TRI) |
| Launch date | 30-12-2024 | 24-10-2024 |
| Minimum investment | ₹25,00,00,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar | Nitin Sharma, Rakesh Prajapati |
| Exit load | Nil | 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
Edelweiss BSE Capital Markets & Insurance ETF vs Tata NIFTY Capital Markets 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% | -- | -- | -- |
| Tata NIFTY Capital Markets Index Fund (Direct) | +0.86% | −1.82% | −1.81% | +13.03% | -- | -- | -- |
Edelweiss BSE Capital Markets & Insurance ETF vs Tata NIFTY Capital Markets Index: Year-wise Returns
| Year | Edelweiss BSE Capital Markets & Insurance ETFEdelweiss BSE Capital Markets & Insurance ETF | Tata NIFTY Capital Markets IndexTata NIFTY Capital Markets Index |
|---|---|---|
| 2026to date | −8.98% | +10.40% |
| 2025 | +15.96% | +15.70% |
Edelweiss BSE Capital Markets & Insurance ETF vs Tata NIFTY Capital Markets 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
Tata NIFTY Capital Markets 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% |
| Tata NIFTY Capital Markets Index | 0.0 | 0.0 | 2.0 | 6.9 | 18.1 | 25.5 | 47.5 | 28.6% | 24.5% | 6.4% | 56.1% | 99% |
| 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 Tata NIFTY Capital Markets 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% |
| Tata NIFTY Capital Markets IndexTata NIFTY Capital Markets Index Fund (Direct) | ₹2,30,000 | ₹2,71,783 | ₹41,783 | 17.8% |
Edelweiss BSE Capital Markets & Insurance ETFEdelweiss BSE Capital Markets & Insurance ETF
Tata NIFTY Capital Markets IndexTata NIFTY Capital Markets 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 Tata NIFTY Capital Markets 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 | Tata NIFTY Capital Markets Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.30% | +13.03% |
| Standard deviation | 18.51% | 24.13% |
| Sharpe ratio | -0.68 | 0.32 |
| Sortino ratio | -0.94 | 0.50 |
| Maximum drawdown | −13.7% (31-03-2026) | −14.2% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.67% |
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 | Tata NIFTY Capital Markets Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.00% | +18.59% |
| Standard deviation | 18.89% | 26.76% |
| Sharpe ratio | -0.13 | 0.48 |
| Sortino ratio | -0.19 | 0.72 |
| Maximum drawdown | −17.6% (04-03-2025) | −30.6% (13-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.84% |
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
Tata NIFTY Capital Markets 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% |
| Tata NIFTY Capital Markets Index Fund (Direct) | −28.7% | 02-01-2025 | 13-03-2025 | 19-05-2025 | 2 months | −9.3% |
| 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
Tata NIFTY Capital Markets 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% |
| Tata NIFTY Capital Markets Index Fund (Direct) | 152% | 115% | 13.72% |
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 Tata NIFTY Capital Markets Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss BSE Capital Markets & Insurance ETF, September 2026; Tata NIFTY Capital Markets Index Fund, September 2026
Holdings in common
- Overlap
- 49.8%
- Held by both
- 15
- Only in Edelweiss BSE Capital Markets & Insurance ETF
- 11
- Only in Tata NIFTY Capital Markets Index
- 2
| Security | % of Edelweiss BSE Capital Markets & Insurance ETF | % of Tata NIFTY Capital Markets Index |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 10.19% | 18.88% |
| HDFC Asset Management Company Ltd. | 7.33% | 10.44% |
| 360 One Wam Ltd. | 4.24% | 6.07% |
| Billionbrains Garage Ventures Ltd. | 4.22% | 5.90% |
| Anand Rathi Wealth Ltd. | 3.07% | 4.35% |
| Nippon Life India Asset Management Ltd. | 3.05% | 4.33% |
| ICICI Prudential Asset Mgmt Co Ltd. | 2.97% | 4.11% |
| Computer Age Management Services Ltd. | 2.58% | 3.62% |
| Motilal Oswal Financial Services Ltd. | 2.48% | 3.54% |
| Angel One Ltd. | 2.40% | 4.01% |
| Nuvama Wealth Management Ltd. | 2.21% | 2.99% |
| KFIN Technologies Ltd. | 1.78% | 2.52% |
| Indian Energy Exchange Ltd. | 1.36% | 1.91% |
| Aditya Birla Sun Life AMC Ltd. | 1.14% | 1.63% |
| UTI Asset Management Company Ltd. | 0.94% | 0.83% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.8% means 49.8% 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 Edelweiss BSE Capital Markets & Insurance ETF
| Security | % of fund |
|---|---|
| SBI Life Insurance Company Ltd. | 10.33% |
| HDFC Life Insurance Company Ltd. | 8.80% |
| Life Insurance Corporation of India | 8.73% |
| ICICI Lombard General Insurance Co. Ltd. | 6.17% |
| Max Financial Services Ltd. | 5.75% |
Largest holdings only in Tata NIFTY Capital Markets Index Fund
| Security | % of fund |
|---|---|
| BSE LTD | 20.02% |
| CENTRAL DEPOSITORY SERVICES (INDIA) LTD | 5.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss BSE Capital Markets & Insurance ETF | Tata NIFTY Capital Markets Index |
|---|---|---|
| Equity | 99.9% | 100.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.2% |
Market cap of stocks
| Market cap | Edelweiss BSE Capital Markets & Insurance ETF | Tata NIFTY Capital Markets Index |
|---|---|---|
| Large Cap | 42.4% | 40.5% |
| Mid Cap | 36.8% | 32.8% |
| Small Cap | 20.8% | 26.9% |
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 | Tata NIFTY Capital Markets Index |
|---|---|---|
| Capital Markets | 51.6% | 100.2% |
| Insurance | 48.4% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss BSE Capital Markets & Insurance ETF vs Tata NIFTY Capital Markets Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss BSE Capital Markets & Insurance ETF | Tata NIFTY Capital Markets Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.64% |
| Base expense ratio (Direct) | 0.00% | 0.36% |
| Total expense ratio (Regular) | Not available | 1.24% |
| 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 Tata NIFTY Capital Markets Index Fund: Frequently Asked Questions
What is the difference between Edelweiss BSE Capital Markets & Insurance ETF and Tata NIFTY Capital Markets Index Fund?
Edelweiss BSE Capital Markets & Insurance ETF is an ETF fund, Tata NIFTY Capital Markets Index Fund is an Index fund, run by Edelweiss Mutual Fund and Tata Mutual Fund. Their portfolios overlap 49.8%. Edelweiss BSE Capital Markets & Insurance ETF charges 0.57% a year and Tata NIFTY Capital Markets Index Fund 0.64%.
Which has given higher returns, Edelweiss BSE Capital Markets & Insurance ETF or Tata NIFTY Capital Markets Index Fund?
Over 1 year: Edelweiss BSE Capital Markets & Insurance ETF −7.30%, Tata NIFTY Capital Markets Index Fund +13.03%. 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 Tata NIFTY Capital Markets Index Fund?
Edelweiss BSE Capital Markets & Insurance ETF charges less: 0.57% a year against 0.64%. These are the total expense ratios reported to AMFI.
How much do Edelweiss BSE Capital Markets & Insurance ETF and Tata NIFTY Capital Markets Index Fund overlap?
49.8%. They hold 15 of the same securities, the largest shared ones being MCX, HDFCAMC, 360ONE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss BSE Capital Markets & Insurance ETF or Tata NIFTY Capital Markets Index Fund?
On SEBI's riskometer, Edelweiss BSE Capital Markets & Insurance ETF is rated Very High and Tata NIFTY Capital Markets Index Fund Very High. Over 1 years, the standard deviation of daily returns was 18.51% and 24.13% a year.
Can I invest in both Edelweiss BSE Capital Markets & Insurance ETF and Tata NIFTY Capital Markets Index Fund?
Yes. 49.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss BSE Capital Markets & Insurance ETF and Tata NIFTY Capital Markets Index Fund?
Edelweiss BSE Capital Markets & Insurance ETF: Bhavesh Jain, Manasi Jalgaonkar. Tata NIFTY Capital Markets Index Fund: Nitin Sharma, Rakesh Prajapati.
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.