Edelweiss Equity Savings Fund vs SBI Nifty 500 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Equity Savings Fund is an Equity Savings fund and SBI Nifty 500 Index Fund is a mutual fund. In the year to 30-10-2026, Edelweiss Equity Savings Fund (Direct) returned 5.4% and SBI Nifty 500 Index Fund (Direct) returned −7.7%. Edelweiss Equity Savings Fund charges 1.08% a year and SBI Nifty 500 Index Fund 0.34% (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
Which is better, Edelweiss Equity Savings or SBI 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 −7.7%.
- SBI Nifty 500 Index costs less: 0.34% a year against 1.08% (Direct plans).
- Edelweiss Equity Savings fell less in its worst fall since 04-10-2024: −3.5% against −16.1%.
- SBI Nifty 500 Index holds more in large companies: 67.1% of the fund in large caps against 41.7%.
- Edelweiss Equity Savings is the larger fund: ₹1,704 Cr against ₹734 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
| Fact | Edelweiss Equity Savings Fund | SBI Nifty 500 Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | SBI Mutual Fund |
| Category | Equity Savings | Not available |
| AUM | ₹1,704 Cr (30-09-2026) | ₹734 Cr (30-09-2026) |
| NAV | ₹30.25 (Direct) | ₹9.14 (Direct) |
| Expense ratio (Direct) | 1.08% | 0.34% |
| Expense ratio (Regular) | 2.08% | 0.81% |
| Riskometer | Moderate | Not available |
| Benchmark | Nifty Equity Savings Index | Not available |
| Launch date | 13-10-2014 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Bharat Lahoti, Bhavesh Jain, Rahul Dedhia, Kedar Karnik | Not available |
| Exit load | Exit load of 0.25%, if redeemed within 30 days. | Not available |
Edelweiss Equity Savings vs SBI 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.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Equity Savings Fund (Direct) | −0.68% | +0.27% | +3.54% | +5.36% | +10.93% | +9.34% | -- |
| SBI Nifty 500 Index Fund (Direct) | −0.79% | −6.16% | −3.03% | −7.70% | -- | -- | -- |
| 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 SBI Nifty 500 Index: Year-wise Returns
| Year | Edelweiss Equity SavingsEdelweiss Equity Savings | SBI Nifty 500 IndexSBI Nifty 500 Index |
|---|---|---|
| 2026to date | +4.53% | −7.81% |
| 2025 | +9.03% | +7.38% |
| 2024 | +14.47% | -- |
| 2023 | +14.29% | -- |
| 2022 | +4.65% | -- |
| 2021 | +13.07% | -- |
Edelweiss Equity Savings vs SBI Nifty 500 Index: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of SBI Nifty 500 Index Fund
Rolling returns
Every 1-year holding period, 262 of them, one for each trading day from 06-10-2025 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 Equity Savings Fund (Direct)
SBI Nifty 500 Index Fund (Direct)
Nifty 500 TRI
to
Nov 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 Equity Savings | 0.0 | 1.1 | 82.8 | 16.0 | 0.0 | 0.0 | 0.0 | 8.7% | 8.8% | 4.6% | 11.5% | 89% |
| SBI Nifty 500 Index | 28.2 | 32.3 | 30.1 | 7.5 | 1.9 | 0.0 | 0.0 | 3.4% | 3.0% | −9.3% | 17.2% | 0% |
| Nifty 500 TRI | 25.2 | 32.1 | 31.7 | 8.8 | 2.3 | 0.0 | 0.0 | 3.7% | 3.3% | −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 04-10-2024. Past returns do not promise future returns.
Edelweiss Equity Savings vs SBI 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
₹10,000 on the first trading day of every month, from 01-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Equity SavingsEdelweiss Equity Savings Fund (Direct) | ₹2,50,000 | ₹2,69,834 | ₹19,834 | 7.3% |
| SBI Nifty 500 IndexSBI Nifty 500 Index Fund (Direct) | ₹2,50,000 | ₹2,43,790 | −₹6,210 | −2.3% |
Edelweiss Equity SavingsEdelweiss Equity Savings Fund (Direct)
SBI Nifty 500 IndexSBI 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 SBI Nifty 500 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Equity Savings Fund (Direct) | SBI Nifty 500 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.36% | −7.70% |
| Standard deviation | 4.38% | 14.38% |
| Sharpe ratio | 0.03 | -0.90 |
| Sortino ratio | 0.04 | -1.20 |
| Maximum drawdown | −3.5% (23-03-2026) | −14.8% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.36% |
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 Equity Savings Fund (Direct) | SBI Nifty 500 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.34% | −2.88% |
| Standard deviation | 4.72% | 14.07% |
| Sharpe ratio | 1.05 | -0.61 |
| Sortino ratio | 1.46 | -0.82 |
| Maximum drawdown | −9.5% (23-03-2020) | −16.1% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.37% |
From daily NAVs, 28-11-2016 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 Equity Savings Fund (Direct)
SBI Nifty 500 Index Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Equity Savings Fund (Direct) | −3.5% | 18-02-2026 | 23-03-2026 | 17-04-2026 | 25 days | −1.5% |
| SBI Nifty 500 Index Fund (Direct) | −16.1% | 15-10-2024 | 28-02-2025 | 17-10-2025 | 8 months | −8.7% |
| Nifty 500 TRI | −16.0% | 15-10-2024 | 28-02-2025 | 27-06-2025 | 4 months | −8.4% |
From daily values since 04-10-2024, 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 Equity Savings Fund (Direct)
SBI Nifty 500 Index Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Equity Savings Fund (Direct) | 46% | 8% | 11.80% |
| SBI Nifty 500 Index Fund (Direct) | 99% | 101% | 0.02% |
From month-end values since 04-10-2024. 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 SBI Nifty 500 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Equity Savings Fund, September 2026; SBI Nifty 500 Index Fund, September 2026
Holdings in common
- Overlap
- 39.7%
- Held by both
- 121
- Only in Edelweiss Equity Savings
- 34
- Only in SBI Nifty 500 Index
- 377
| Security | % of Edelweiss Equity Savings | % of SBI Nifty 500 Index |
|---|---|---|
| HDFC Bank Ltd. | 4.92% | 5.66% |
| ICICI Bank Ltd. | 4.58% | 4.93% |
| Reliance Industries Ltd. | 2.93% | 4.13% |
| Bharti Airtel Ltd. | 3.10% | 2.78% |
| 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% |
| Hindustan Unilever Ltd. | 0.65% | 0.87% |
| Divi's Laboratories Ltd. | 0.65% | 0.61% |
| Grasim Industries Ltd. | 0.61% | 0.60% |
| State Bank of India | 0.59% | 2.07% |
| Mahindra & Mahindra Ltd. | 0.58% | 1.37% |
| Bajaj Finance Ltd. | 0.56% | 1.36% |
| Titan Company Ltd. | 0.48% | 0.99% |
| ITC Ltd. | 0.46% | 1.32% |
| Multi Commodity Exchange Of India Ltd. | 1.64% | 0.44% |
| Sun Pharmaceutical Industries Ltd. | 0.36% | 1.00% |
| JSW Steel Ltd. | 0.35% | 0.63% |
| NTPC Ltd. | 0.35% | 0.80% |
| Ultratech Cement Ltd. | 0.34% | 0.68% |
| Larsen & Toubro Ltd. | 0.33% | 2.29% |
| Hero MotoCorp Ltd. | 0.33% | 0.35% |
| Bajaj Finserv Ltd. | 0.33% | 0.52% |
| IndusInd Bank Ltd. | 0.43% | 0.31% |
| Bharat Petroleum Corporation Ltd. | 0.31% | 0.32% |
| One 97 Communications Ltd. | 0.31% | 0.38% |
| The Federal Bank Ltd. | 0.30% | 0.41% |
| Indus Towers Ltd. | 0.38% | 0.25% |
| Hindustan Aeronautics Ltd. | 0.25% | 0.46% |
| Tata Motors Passenger Vehicles Ltd. | 0.25% | 0.31% |
| Maruti Suzuki India Ltd. | 0.25% | 0.81% |
| GE Vernova T&D India Limited | 0.24% | 0.27% |
| Tata Consultancy Services Ltd. | 0.24% | 1.09% |
| Tech Mahindra Ltd. | 0.24% | 0.50% |
| AU Small Finance Bank Ltd. | 0.24% | 0.31% |
| Vedanta Aluminium Metal Ltd. | 0.23% | 0.36% |
| Adani Green Energy Ltd. | 2.70% | 0.22% |
| Bharat Heavy Electricals Ltd. | 0.22% | 0.32% |
| Shriram Finance Ltd. | 0.22% | 0.72% |
| Infosys Ltd. | 0.21% | 1.83% |
| Britannia Industries Ltd. | 0.21% | 0.30% |
| Bharat Electronics Ltd. | 0.21% | 0.72% |
| Apollo Hospitals Enterprise Ltd. | 0.21% | 0.44% |
| Swiggy Ltd. | 0.26% | 0.20% |
| CG Power and Industrial Solutions Ltd. | 0.20% | 0.31% |
| APL Apollo Tubes Ltd. | 0.20% | 0.21% |
| Vodafone Idea Ltd. | 2.42% | 0.19% |
| Torrent Pharmaceuticals Ltd. | 0.19% | 0.37% |
| Bajaj Auto Ltd. | 0.19% | 0.62% |
| Glenmark Pharmaceuticals Ltd. | 0.46% | 0.18% |
| Union Bank of India | 0.20% | 0.17% |
| Polycab India Ltd. | 0.17% | 0.22% |
| UPL Ltd. | 1.27% | 0.16% |
| National Aluminium Company Ltd. | 1.05% | 0.16% |
| Steel Authority of India Ltd. | 4.26% | 0.14% |
| NMDC Ltd. | 1.36% | 0.14% |
| Billionbrains Garage Ventures Ltd. | 0.82% | 0.14% |
| Asian Paints Ltd. | 0.14% | 0.57% |
| Life Insurance Corporation of India | 0.14% | 0.26% |
| Vedanta Ltd. | 0.14% | 0.24% |
| TVS Motor Company Ltd. | 0.14% | 0.50% |
| Indian Bank | 0.14% | 0.15% |
| RBL Bank Ltd. | 0.73% | 0.13% |
| BROOKFIELD INDIA REAL ESTATE TRUST | 1.22% | 0.12% |
| Ambuja Cements Ltd. | 0.62% | 0.12% |
| Central Depository Services (I) Ltd. | 0.19% | 0.12% |
| Cipla Ltd. | 0.12% | 0.39% |
| Pidilite Industries Ltd. | 0.12% | 0.24% |
| Mphasis Ltd. | 0.12% | 0.15% |
| Coal India Ltd. | 0.12% | 0.53% |
| Kalyan Jewellers India Ltd. | 0.11% | 0.11% |
| Neuland Laboratories Ltd. | 0.44% | 0.10% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.17% | 0.10% |
| Hindustan Petroleum Corporation Ltd. | 0.10% | 0.18% |
| Muthoot Finance Ltd. | 0.10% | 0.15% |
| HCL Technologies Ltd. | 0.10% | 0.67% |
| Dixon Technologies (India) Ltd. | 0.10% | 0.28% |
| Manappuram Finance Ltd. | 0.74% | 0.09% |
| Bandhan Bank Ltd. | 0.28% | 0.09% |
| Astral Ltd. | 0.19% | 0.09% |
| SBI Cards & Payment Services Ltd. | 0.09% | 0.09% |
| Power Finance Corporation Ltd. | 0.09% | 0.25% |
| Punjab National Bank | 0.09% | 0.20% |
| Persistent Systems Ltd. | 0.09% | 0.30% |
| FSN E-Commerce Ventures Ltd. | 0.09% | 0.23% |
| InterGlobe Aviation Ltd. | 0.09% | 0.59% |
| Mazagon Dock Shipbuilders Ltd. | 0.23% | 0.08% |
| Schaeffler India Ltd. | 0.20% | 0.08% |
| Abbott India Ltd. | 0.13% | 0.07% |
| Cholamandalam Financial Holdings Ltd. | 0.08% | 0.07% |
| REC Ltd. | 0.07% | 0.19% |
| Lupin Ltd. | 0.07% | 0.26% |
| Canara Bank | 0.07% | 0.21% |
| HDFC Life Insurance Company Ltd. | 0.07% | 0.29% |
| Aster DM Quality Care Ltd. | 0.07% | 0.10% |
| Adani Energy Solutions Ltd. | 0.07% | 0.22% |
| Yes Bank Ltd. | 0.06% | 0.19% |
| Bank of Baroda | 0.05% | 0.22% |
| Biocon Ltd. | 0.05% | 0.13% |
| GMR Airports Ltd. | 0.05% | 0.17% |
| Gabriel India Ltd. | 0.35% | 0.04% |
| CEAT Ltd. | 0.29% | 0.04% |
| Azad Engineering Ltd. | 0.21% | 0.04% |
| HDFC Asset Management Company Ltd. | 0.04% | 0.24% |
| GAIL (India) Ltd. | 0.04% | 0.24% |
| Ashok Leyland Ltd. | 0.04% | 0.23% |
| BAGMANE PRIME OFFICE REIT | 0.83% | 0.03% |
| Aether Industries Ltd. | 0.31% | 0.03% |
| Aavas Financiers Ltd. | 0.04% | 0.03% |
| Adani Enterprises Ltd. | 0.03% | 0.51% |
| Mankind Pharma Ltd. | 0.03% | 0.15% |
| Vedanta Iron And Steel Ltd. | 0.02% | 0.03% |
| Vedanta Power Ltd. | 0.02% | 0.03% |
| Vedanta Oil and Gas Ltd. | 0.02% | 0.03% |
| Jindal Steel Ltd. | 0.02% | 0.22% |
| Godrej Consumer Products Ltd. | 0.01% | 0.18% |
| JSW Energy Ltd. | 0.01% | 0.16% |
| Jio Financial Services Ltd. | 0.01% | 0.37% |
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 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% |
Largest holdings only in SBI 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% |
| Tata Motors Ltd. | 0.46% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Equity Savings | SBI Nifty 500 Index |
|---|---|---|
| Equity | 64.9% | 99.5% |
| Debt | 8.5% | 0.0% |
| Cash and others | 26.6% | 0.5% |
Market cap of stocks
| Market cap | Edelweiss Equity Savings | SBI Nifty 500 Index |
|---|---|---|
| Large Cap | 41.7% | 67.1% |
| Mid Cap | 14.3% | 20.9% |
| Small Cap | 6.7% | 11.4% |
| Not on AMFI's list | 2.3% | 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
| Sector | Edelweiss Equity Savings | SBI Nifty 500 Index |
|---|---|---|
| Banks | 15.0% | 19.3% |
| Finance | 2.3% | 6.5% |
| Telecom - Services | 5.9% | 3.5% |
| Pharmaceuticals & Biotechnology | 2.5% | 5.8% |
| IT - Software | 1.0% | 5.7% |
| Petroleum Products | 3.3% | 5.0% |
| Automobiles | 1.7% | 4.9% |
| Ferrous Metals | 4.7% | 2.0% |
| Capital Markets | 4.3% | 2.5% |
| Power | 3.5% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Equity Savings vs SBI Nifty 500 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Equity Savings Fund | SBI Nifty 500 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.08% | 0.34% |
| Base expense ratio (Direct) | 0.51% | 0.26% |
| Total expense ratio (Regular) | 2.08% | 0.81% |
| Base expense ratio (Regular) | 1.36% | 0.66% |
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 SBI Nifty 500 Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Equity Savings Fund and SBI Nifty 500 Index Fund?
Edelweiss Equity Savings Fund is an Equity Savings fund, SBI Nifty 500 Index Fund is a mutual fund, run by Edelweiss Mutual Fund and SBI Mutual Fund. Their portfolios overlap 39.7%. Edelweiss Equity Savings Fund charges 1.08% a year and SBI Nifty 500 Index Fund 0.34%.
Which has given higher returns, Edelweiss Equity Savings Fund or SBI Nifty 500 Index Fund?
Over 1 year: Edelweiss Equity Savings Fund +5.36%, SBI Nifty 500 Index Fund −7.70%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Equity Savings Fund or SBI Nifty 500 Index Fund?
SBI Nifty 500 Index Fund charges less: 0.34% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Equity Savings Fund and SBI 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 SBI 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.
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.