Edelweiss BSE Internet Economy Index Fund vs HDFC Nifty India Digital Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss BSE Internet Economy Index Fund is an Index fund and HDFC Nifty India Digital Index Fund is an Index fund. In the year to 30-10-2026, Edelweiss BSE Internet Economy Index Fund (Direct) returned −3.6% and HDFC Nifty India Digital Index Fund (Direct) returned −7.7%. Edelweiss BSE Internet Economy Index Fund charges 0.58% a year and HDFC Nifty India Digital Index Fund 0.41% (Direct plans). Their portfolios overlap 41.2%: they hold 13 of the same securities.
Edelweiss BSE Internet Economy Index Fund
Index
- 1 year return
- −3.6%
- Expense ratio
- 0.58%
- NAV
- ₹11.01
HDFC Nifty India Digital Index Fund
Index
- 1 year return
- −7.7%
- Expense ratio
- 0.41%
- NAV
- ₹8.69
Which is better, Edelweiss BSE Internet Economy Index or HDFC Nifty India Digital Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss BSE Internet Economy Index returned more over 1 year: −3.6% against −7.7%.
- HDFC Nifty India Digital Index costs less: 0.41% a year against 0.58% (Direct plans).
- Edelweiss BSE Internet Economy Index fell less in its worst fall since 16-05-2025: −21.4% against −25.1%.
- HDFC Nifty India Digital Index holds more in large companies: 50.8% of the fund in large caps against 40.4%.
- HDFC Nifty India Digital Index is the larger fund: ₹141 Cr against ₹39 Cr.
- Their portfolios overlap 41.2%: 13 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 Internet Economy Index Fund | HDFC Nifty India Digital Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | HDFC Mutual Fund |
| Category | Index | Index |
| AUM | ₹39 Cr (30-09-2026) | ₹141 Cr (30-09-2026) |
| NAV | ₹11.01 (Direct) | ₹8.69 (Direct) |
| Expense ratio (Direct) | 0.58% | 0.41% |
| Expense ratio (Regular) | 1.16% | 0.88% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Internet Economy TRI | Nifty India Digital TRI |
| Launch date | 15-05-2025 | 11-12-2024 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar | Nandita Menezes, Arun Agarwal |
| Exit load | Exit load of 0.10%, if redeemed within 30 days. | NIL |
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital 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 Internet Economy Index Fund (Direct) | +0.48% | −1.26% | +8.73% | −3.60% | -- | -- | -- |
| HDFC Nifty India Digital Index Fund (Direct) | +7.22% | +0.04% | +11.09% | −7.65% | -- | -- | -- |
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital Index: Year-wise Returns
| Year | Edelweiss BSE Internet EconomyEdelweiss BSE Internet Economy Index | HDFC Nifty India DigitalHDFC Nifty India Digital Index |
|---|---|---|
| 2026to date | −0.39% | −8.33% |
| 2025 | -- | −2.33% |
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital Index: Rolling Returns
Every holding period of both funds, against BSE INTERNET ECONOMY TRI, the benchmark of Edelweiss BSE Internet Economy Index Fund
Rolling returns
Every 1-year holding period, 114 of them, one for each trading day from 18-05-2026 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.
Edelweiss BSE Internet Economy Index Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE INTERNET ECONOMY TRI
to
May 2026Jun 2025
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Jun 2026Jul 2025
to
Jul 2026Aug 2025
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Aug 2026Sept 2025
to
Sept 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 Internet Economy Index | 29.8 | 29.8 | 37.7 | 2.6 | 0.0 | 0.0 | 0.0 | 3.0% | 3.3% | −6.7% | 12.3% | 0% |
| HDFC Nifty India Digital Index | 92.9 | 7.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −7.5% | −7.7% | −16.8% | 1.7% | 0% |
| BSE INTERNET ECONOMY TRI | 25.4 | 32.5 | 37.7 | 4.4 | 0.0 | 0.0 | 0.0 | 3.6% | 3.8% | −6.3% | 12.9% | -- |
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 INTERNET ECONOMY 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 16-05-2025. Past returns do not promise future returns.
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital 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 16-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss BSE Internet Economy IndexEdelweiss BSE Internet Economy Index Fund (Direct) | ₹1,80,000 | ₹1,87,249 | ₹7,249 | 5.1% |
| HDFC Nifty India Digital IndexHDFC Nifty India Digital Index Fund (Direct) | ₹1,80,000 | ₹1,82,396 | ₹2,396 | 1.7% |
Edelweiss BSE Internet Economy IndexEdelweiss BSE Internet Economy Index Fund (Direct)
HDFC Nifty India Digital IndexHDFC Nifty India Digital 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 Internet Economy Index vs HDFC Nifty India Digital Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss BSE Internet Economy Index Fund (Direct) | HDFC Nifty India Digital Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.60% | −7.65% |
| Standard deviation | 19.33% | 17.85% |
| Sharpe ratio | -0.46 | -0.72 |
| Sortino ratio | -0.63 | -0.98 |
| Maximum drawdown | −20.9% (31-03-2026) | −25.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.69% |
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 Internet Economy Index Fund (Direct) | HDFC Nifty India Digital Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.32% | −7.19% |
| Standard deviation | 18.09% | 18.44% |
| Sharpe ratio | 0.05 | -0.69 |
| Sortino ratio | 0.08 | -0.94 |
| Maximum drawdown | −21.4% (31-03-2026) | −27.6% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.52% | −0.62% |
From daily NAVs, 16-05-2025 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.
Edelweiss BSE Internet Economy Index Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE INTERNET ECONOMY TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss BSE Internet Economy Index Fund (Direct) | −21.4% | 28-10-2025 | 31-03-2026 | 11-08-2026 | 4 months | −8.4% |
| HDFC Nifty India Digital Index Fund (Direct) | −25.1% | 22-12-2025 | 31-03-2026 | Not yet | -- | −11.1% |
| BSE INTERNET ECONOMY TRI | −21.2% | 28-10-2025 | 30-03-2026 | 11-08-2026 | 4 months | −8.3% |
From daily values since 16-05-2025, 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.
Edelweiss BSE Internet Economy Index Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE INTERNET ECONOMY TRI
Against BSE INTERNET ECONOMY TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss BSE Internet Economy Index Fund (Direct) | 99% | 101% | 0.09% |
| HDFC Nifty India Digital Index Fund (Direct) | 97% | 125% | 12.58% |
From month-end values since 16-05-2025. 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.
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss BSE Internet Economy Index Fund, September 2026; HDFC Nifty India Digital Index Fund, September 2026
Holdings in common
- Overlap
- 41.2%
- Held by both
- 13
- Only in Edelweiss BSE Internet Economy Index
- 7
- Only in HDFC Nifty India Digital Index
- 37
| Security | % of Edelweiss BSE Internet Economy Index | % of HDFC Nifty India Digital Index |
|---|---|---|
| Bharti Airtel Ltd. | 15.73% | 7.53% |
| Eternal Ltd. | 16.25% | 7.31% |
| One 97 Communications Ltd. | 9.81% | 5.85% |
| Info Edge (India) Ltd. | 6.36% | 3.83% |
| FSN E-Commerce Ventures Ltd. | 6.00% | 3.55% |
| PB Fintech Ltd. | 5.17% | 3.06% |
| Swiggy Ltd. | 5.09% | 3.04% |
| Vodafone Idea Ltd. | 4.78% | 2.89% |
| Tata Communications Ltd. | 2.64% | 1.58% |
| Indian Railway Catering &Tou. Corp. Ltd. | 1.89% | 1.11% |
| Physicswallah Ltd. | 0.98% | 0.59% |
| TBO Tek Ltd. | 0.80% | 0.47% |
| Indiamart Intermesh Ltd. | 0.68% | 0.41% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.2% means 41.2% 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 Internet Economy Index Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange Of India Ltd. | 11.47% |
| Billionbrains Garage Ventures Ltd. | 3.62% |
| Computer Age Management Services Ltd. | 2.21% |
| Motilal Oswal Financial Services Ltd. | 2.12% |
| Angel One Ltd. | 2.05% |
Largest holdings only in HDFC Nifty India Digital Index Fund
| Security | % of fund |
|---|---|
| Infosys Limited | 7.60% |
| Tata Consultancy Services Ltd. | 7.53% |
| HCL Technologies Ltd. | 7.48% |
| Tech Mahindra Ltd. | 5.72% |
| Coforge Limited | 3.60% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss BSE Internet Economy Index | HDFC Nifty India Digital Index |
|---|---|---|
| Equity | 100.4% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.4% | 2.4% |
Market cap of stocks
| Market cap | Edelweiss BSE Internet Economy Index | HDFC Nifty India Digital Index |
|---|---|---|
| Large Cap | 40.4% | 50.8% |
| Mid Cap | 50.5% | 35.3% |
| Small Cap | 9.4% | 11.5% |
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 Internet Economy Index | HDFC Nifty India Digital Index |
|---|---|---|
| IT - Software | 0.0% | 45.9% |
| Retailing | 34.4% | 21.6% |
| Capital Markets | 24.2% | 0.0% |
| Telecom - Services | 23.1% | 13.2% |
| Financial Technology (Fintech) | 15.0% | 9.7% |
| IT - Services | 0.0% | 4.2% |
| Leisure Services | 2.7% | 1.8% |
| Other Consumer Services | 1.0% | 0.6% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss BSE Internet Economy Index vs HDFC Nifty India Digital Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss BSE Internet Economy Index Fund | HDFC Nifty India Digital Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.58% | 0.41% |
| Base expense ratio (Direct) | 0.40% | 0.30% |
| Total expense ratio (Regular) | 1.16% | 0.88% |
| Base expense ratio (Regular) | 0.90% | 0.71% |
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 Internet Economy Index Fund vs HDFC Nifty India Digital Index Fund: Frequently Asked Questions
What is the difference between Edelweiss BSE Internet Economy Index Fund and HDFC Nifty India Digital Index Fund?
Edelweiss BSE Internet Economy Index Fund is an Index fund, HDFC Nifty India Digital Index Fund is an Index fund, run by Edelweiss Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 41.2%. Edelweiss BSE Internet Economy Index Fund charges 0.58% a year and HDFC Nifty India Digital Index Fund 0.41%.
Which has given higher returns, Edelweiss BSE Internet Economy Index Fund or HDFC Nifty India Digital Index Fund?
Over 1 year: Edelweiss BSE Internet Economy Index Fund −3.60%, HDFC Nifty India Digital Index Fund −7.65%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss BSE Internet Economy Index Fund or HDFC Nifty India Digital Index Fund?
HDFC Nifty India Digital Index Fund charges less: 0.41% a year against 0.58%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss BSE Internet Economy Index Fund and HDFC Nifty India Digital Index Fund overlap?
41.2%. They hold 13 of the same securities, the largest shared ones being BHARTIARTL, ETERNAL, PAYTM. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss BSE Internet Economy Index Fund or HDFC Nifty India Digital Index Fund?
On SEBI's riskometer, Edelweiss BSE Internet Economy Index Fund is rated Very High and HDFC Nifty India Digital Index Fund Very High. Over 1 years, the standard deviation of daily returns was 19.33% and 17.85% a year.
Can I invest in both Edelweiss BSE Internet Economy Index Fund and HDFC Nifty India Digital Index Fund?
Yes. 41.2% 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 Internet Economy Index Fund and HDFC Nifty India Digital Index Fund?
Edelweiss BSE Internet Economy Index Fund: Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar. HDFC Nifty India Digital Index Fund: Nandita Menezes, Arun Agarwal.
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.