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    Edelweiss Equity Savings Fund vs ICICI Prudential Nifty 500 Index Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    Edelweiss Equity Savings Fund is an Equity Savings fund and ICICI Prudential Nifty 500 Index Fund is an Index fund. In the year to 30-10-2026, Edelweiss Equity Savings Fund (Direct) returned 5.4% and ICICI Prudential Nifty 500 Index Fund (Direct) returned −7.9%. Edelweiss Equity Savings Fund charges 1.08% a year and ICICI Prudential Nifty 500 Index Fund 0.46% (Direct plans). Their portfolios overlap 39.7%: they hold 121 of the same securities.

    Edelweiss Equity Savings Fund

    Equity Savings

    1 year return
    5.4%
    Expense ratio
    1.08%
    NAV
    ₹30.25
    See Edelweiss Equity Savings Fund

    ICICI Prudential Nifty 500 Index Fund

    Index

    1 year return
    −7.9%
    Expense ratio
    0.46%
    NAV
    ₹9.89
    See ICICI Prudential Nifty 500 Index Fund

    Which is better, Edelweiss Equity Savings or ICICI Prudential Nifty 500 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 Equity Savings returned more over 1 year: 5.4% against −7.9%.
    • ICICI Prudential Nifty 500 Index costs less: 0.46% a year against 1.08% (Direct plans).
    • Edelweiss Equity Savings fell less in its worst fall since 23-12-2024: −3.5% against −14.8%.
    • ICICI Prudential Nifty 500 Index holds more in large companies: 67.2% of the fund in large caps against 41.7%.
    • Edelweiss Equity Savings is the larger fund: ₹1,704 Cr against ₹102 Cr.
    • Their portfolios overlap 39.7%: 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

    FactEdelweiss Equity Savings FundICICI Prudential Nifty 500 Index Fund
    Fund houseEdelweiss Mutual FundICICI Prudential Mutual Fund
    CategoryEquity SavingsIndex
    AUM₹1,704 Cr (30-09-2026)₹102 Cr (30-09-2026)
    NAV₹30.25 (Direct)₹9.89 (Direct)
    Expense ratio (Direct)1.08%0.46%
    Expense ratio (Regular)2.08%1.01%
    RiskometerModerateNot available
    BenchmarkNifty Equity Savings IndexNifty 500 TRI
    Launch date13-10-201420-12-2024
    Minimum investment₹100₹100
    Lock inNoneNone
    Fund managersBharat Lahoti, Bhavesh Jain, Rahul Dedhia, Kedar KarnikNishit Patel, Ashwini Bharucha, Venus Ahuja
    Exit loadExit load of 0.25%, if redeemed within 30 days.Nil

    Edelweiss Equity Savings vs ICICI Prudential Nifty 500 Index: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    Edelweiss Equity Savings Fund (Direct)−0.68%+0.27%+3.54%+5.36%+10.93%+9.34%--
    ICICI Prudential Nifty 500 Index Fund (Direct)−0.78%−6.22%−3.14%−7.92%------
    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.

    Edelweiss Equity Savings vs ICICI Prudential Nifty 500 Index: Year-wise Returns

    YearEdelweiss Equity SavingsEdelweiss Equity SavingsICICI Prudential Nifty 500 IndexICICI Prudential Nifty 500 Index
    2026to date+4.53%−8.01%
    2025+9.03%+7.36%
    2024+14.47%--
    2023+14.29%--
    2022+4.65%--
    2021+13.07%--

    Edelweiss Equity Savings vs ICICI Prudential Nifty 500 Index: Rolling Returns

    Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential Nifty 500 Index Fund

    Rolling returns

    Every 1-year holding period, 209 of them, one for each trading day from 23-12-2025 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.

    −10%−5%0%5%10%15%20%
    Jan 2025
    to
    Jan 2026    Mar 2025
    to
    Mar 2026    May 2025
    to
    May 2026    Jun 2025
    to
    Jun 2026    Aug 2025
    to
    Aug 2026    Oct 2025
    to
    Oct 2026
    Edelweiss Equity Savings Fund (Direct)ICICI Prudential Nifty 500 Index Fund (Direct)Nifty 500 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    Edelweiss Equity Savings0.01.489.59.10.00.00.08.4%8.5%4.6%11.4%86%
    ICICI Prudential Nifty 500 Index34.928.225.89.61.40.00.02.9%2.1%−9.5%15.1%0%
    Nifty 500 TRI28.231.627.89.62.90.00.03.5%2.7%−9.0%15.9%--

    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 Nifty 500 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 23-12-2024. Past returns do not promise future returns.

    Edelweiss Equity Savings vs ICICI Prudential Nifty 500 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Edelweiss Equity SavingsEdelweiss Equity Savings Fund (Direct) ₹2,30,000 ₹2,46,754 ₹16,754 7.3%
    ICICI Prudential Nifty 500 IndexICICI Prudential Nifty 500 Index Fund (Direct) ₹2,30,000 ₹2,24,200 −₹5,800 −2.6%
    ₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L
    20252026
    Edelweiss Equity SavingsEdelweiss Equity Savings Fund (Direct)ICICI Prudential Nifty 500 IndexICICI Prudential Nifty 500 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 Equity Savings vs ICICI Prudential Nifty 500 Index: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureEdelweiss Equity Savings Fund (Direct)ICICI Prudential Nifty 500 Index Fund (Direct)
    Return (CAGR)+5.36%−7.92%
    Standard deviation4.38%14.31%
    Sharpe ratio0.03-0.92
    Sortino ratio0.04-1.22
    Maximum drawdown−3.5% (23-03-2026)−14.8% (30-03-2026)
    Beta--1.00
    Alpha--−0.64%

    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.

    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.

    −15%−10%−5%0%
    20252026
    Edelweiss Equity Savings Fund (Direct)ICICI Prudential Nifty 500 Index Fund (Direct)Nifty 500 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Edelweiss Equity Savings Fund (Direct)−3.5%18-02-202623-03-202617-04-202625 days−1.5%
    ICICI Prudential Nifty 500 Index Fund (Direct)−14.8%02-01-202630-03-2026Not yet--−8.9%
    Nifty 500 TRI−14.7%02-01-202630-03-2026Not yet--−8.4%

    From daily values since 23-12-2024, 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.

    0%5%10%15%
    2026
    Edelweiss Equity Savings Fund (Direct)ICICI Prudential Nifty 500 Index Fund (Direct)Nifty 500 TRI

    Against Nifty 500 TRI

    FundUp captureDown captureTracking error
    Edelweiss Equity Savings Fund (Direct)46%13%12.22%
    ICICI Prudential Nifty 500 Index Fund (Direct)97%100%0.29%

    From month-end values since 23-12-2024. 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 Equity Savings vs ICICI Prudential Nifty 500 Index: Portfolio Overlap

    From each fund's latest monthly portfolio: Edelweiss Equity Savings Fund, September 2026; ICICI Prudential Nifty 500 Index Fund, September 2026

    Holdings in common

    Overlap
    39.7%
    Held by both
    121
    Only in Edelweiss Equity Savings
    34
    Only in ICICI Prudential Nifty 500 Index
    378
    Security% of Edelweiss Equity Savings% of ICICI Prudential Nifty 500 Index
    HDFC Bank Ltd.4.92%5.66%
    ICICI Bank Ltd.4.58%4.94%
    Reliance Industries Ltd.2.93%4.14%
    Bharti Airtel Ltd.3.10%2.79%
    Axis Bank Ltd.1.44%1.84%
    Kotak Mahindra Bank Ltd.0.84%1.60%
    Eternal Ltd.0.75%1.21%
    Adani Ports & Special Economic Zone Ltd.1.05%0.73%
    Hindalco Industries Ltd.1.49%0.71%
    BSE Ltd.0.91%0.66%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.7% means 39.7% 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 Equity Savings Fund

    Security% of fund
    EDELWEISS ULTRA SHORT TERM FUND4.41%
    EDELWEISS LOW DURATION FUND3.69%
    7.65% HDB FIN SERV NCD 10-09-272.92%
    EDELWEISS LIQUID FUND - DIRECT PL -GR2.51%
    EDELWEISS MONEY MARKET FUND - DIRECT PL2.20%

    Largest holdings only in ICICI Prudential Nifty 500 Index Fund

    Security% of fund
    Tata Steel Ltd.0.80%
    Power Grid Corporation Of India Ltd.0.61%
    Eicher Motors Ltd.0.51%
    Nestle India Ltd.0.49%
    TML Commercial Vehicles Ltd.0.46%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetEdelweiss Equity SavingsICICI Prudential Nifty 500 Index
    Equity64.9%99.4%
    Debt8.5%0.0%
    Cash and others26.6%0.6%

    Market cap of stocks

    Market capEdelweiss Equity SavingsICICI Prudential Nifty 500 Index
    Large Cap41.7%67.2%
    Mid Cap14.3%20.8%
    Small Cap6.7%11.3%
    Not on AMFI's list2.3%0.1%

    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

    SectorEdelweiss Equity SavingsICICI Prudential Nifty 500 Index
    Banks15.0%19.4%
    Finance2.3%6.5%
    Telecom - Services5.9%3.5%
    Pharmaceuticals & Biotechnology2.5%5.8%
    It - Software0.0%5.7%
    Petroleum Products3.3%5.0%
    Automobiles1.7%4.9%
    Ferrous Metals4.7%2.0%
    Capital Markets4.3%2.5%
    Power3.5%3.4%

    The six largest sectors of each fund's stocks, % of the fund.

    Edelweiss Equity Savings vs ICICI Prudential Nifty 500 Index: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeEdelweiss Equity Savings FundICICI Prudential Nifty 500 Index Fund
    Total expense ratio (Direct)1.08%0.46%
    Base expense ratio (Direct)0.51%0.25%
    Total expense ratio (Regular)2.08%1.01%
    Base expense ratio (Regular)1.36%0.72%

    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

    Edelweiss Equity Savings Fund vs ICICI Prudential Nifty 500 Index Fund: Frequently Asked Questions

    What is the difference between Edelweiss Equity Savings Fund and ICICI Prudential Nifty 500 Index Fund?

    Edelweiss Equity Savings Fund is an Equity Savings fund, ICICI Prudential Nifty 500 Index Fund is an Index fund, run by Edelweiss Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 39.7%. Edelweiss Equity Savings Fund charges 1.08% a year and ICICI Prudential Nifty 500 Index Fund 0.46%.

    Which has given higher returns, Edelweiss Equity Savings Fund or ICICI Prudential Nifty 500 Index Fund?

    Over 1 year: Edelweiss Equity Savings Fund +5.36%, ICICI Prudential Nifty 500 Index Fund −7.92%. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Edelweiss Equity Savings Fund or ICICI Prudential Nifty 500 Index Fund?

    ICICI Prudential Nifty 500 Index Fund charges less: 0.46% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Edelweiss Equity Savings Fund and ICICI Prudential Nifty 500 Index Fund overlap?

    39.7%. They hold 121 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.

    Can I invest in both Edelweiss Equity Savings Fund and ICICI Prudential Nifty 500 Index Fund?

    Yes. 39.7% of each fund's money sits in the same holdings, so some of the two investments would move together.

    Who manages Edelweiss Equity Savings Fund and ICICI Prudential Nifty 500 Index Fund?

    Edelweiss Equity Savings Fund: Bharat Lahoti, Bhavesh Jain, Rahul Dedhia, Kedar Karnik. ICICI Prudential Nifty 500 Index Fund: Nishit Patel, Ashwini Bharucha, Venus Ahuja.

    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.

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