Edelweiss Financial Services Fund vs Tata NIFTY Financial Services Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Financial Services Fund is a Thematic fund and Tata NIFTY Financial Services Index Fund is an Index fund. Edelweiss Financial Services Fund charges 0.96% a year and Tata NIFTY Financial Services Index Fund 0.58% (Direct plans). Their portfolios overlap 63.6%: they hold 14 of the same securities.
Edelweiss Financial Services Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹8.91
Tata NIFTY Financial Services Index Fund
Index
- Expense ratio
- 0.58%
- NAV
- ₹11.64
Which is better, Edelweiss Financial Services or Tata NIFTY 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.
- Tata NIFTY Financial Services Index costs less: 0.58% a year against 0.96% (Direct plans).
- Edelweiss Financial Services fell less in its worst fall since 18-02-2026: −15.8% against −17.4%.
- Tata NIFTY Financial Services Index holds more in large companies: 95.2% of the fund in large caps against 68.9%.
- Edelweiss Financial Services is the larger fund: ₹274 Cr against ₹77 Cr.
- Their portfolios overlap 63.6%: 14 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 Financial Services Fund | Tata NIFTY Financial Services Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹274 Cr (30-09-2026) | ₹77 Cr (30-09-2026) |
| NAV | ₹8.91 (Direct) | ₹11.64 (Direct) |
| Expense ratio (Direct) | 0.96% | 0.58% |
| Expense ratio (Regular) | 2.57% | 1.13% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 16-02-2026 | 26-04-2024 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora | Nitin Sharma, Rakesh Prajapati |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
Edelweiss Financial Services vs Tata NIFTY 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 Financial Services Fund (Direct) | −1.24% | −6.54% | −4.24% | -- | -- | -- | -- |
| Tata NIFTY Financial Services Index Fund (Direct) | +0.27% | −5.76% | −3.15% | −9.46% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Edelweiss Financial Services vs Tata NIFTY Financial Services Index: Year-wise Returns
| Year | Edelweiss Financial ServicesEdelweiss Financial Services | Tata NIFTY Financial Services IndexTata NIFTY Financial Services Index | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | -- | −10.13% | −9.69% |
| 2025 | -- | +17.50% | +18.60% |
Edelweiss Financial Services vs Tata NIFTY Financial Services Index: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Edelweiss Financial Services vs Tata NIFTY Financial Services Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Financial Services Fund (Direct) | Tata NIFTY Financial Services Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −15.82% | +5.44% |
| Standard deviation | 19.04% | 16.69% |
| Sharpe ratio | -1.11 | -0.02 |
| Sortino ratio | -1.50 | -0.03 |
| Maximum drawdown | −15.8% (30-03-2026) | −17.4% (31-03-2026) |
| Beta | 0.96 | 1.00 |
| Alpha | +0.54% | −0.81% |
From daily NAVs, 18-02-2026 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 Financial Services Fund (Direct)
Tata NIFTY Financial Services Index Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Financial Services Fund (Direct) | −15.8% | 26-02-2026 | 30-03-2026 | Not yet | -- | −11.5% |
| Tata NIFTY Financial Services Index Fund (Direct) | −17.4% | 18-02-2026 | 31-03-2026 | Not yet | -- | −12.7% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 18-02-2026, the first day every fund has.
Edelweiss Financial Services vs Tata NIFTY Financial Services Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Financial Services Fund, September 2026; Tata NIFTY Financial Services Index Fund, September 2026
Holdings in common
- Overlap
- 63.6%
- Held by both
- 14
- Only in Edelweiss Financial Services
- 20
- Only in Tata NIFTY Financial Services Index
- 6
| Security | % of Edelweiss Financial Services | % of Tata NIFTY Financial Services Index |
|---|---|---|
| HDFC Bank Ltd. | 11.55% | 18.64% |
| ICICI Bank Ltd. | 10.86% | 14.20% |
| State Bank of India | 8.33% | 9.94% |
| Axis Bank Ltd. | 7.51% | 10.18% |
| Kotak Mahindra Bank Ltd. | 5.21% | 10.11% |
| Shriram Finance Ltd. | 5.64% | 4.53% |
| BSE Ltd. | 5.29% | 4.16% |
| Bajaj Finance Ltd. | 2.62% | 8.62% |
| SBI Life Insurance Company Ltd. | 3.22% | 2.51% |
| Cholamandalam Investment & Finance Company Ltd. | 2.71% | 2.31% |
| Power Finance Corporation Ltd. | 1.45% | 1.56% |
| Max Financial Services Ltd. | 1.73% | 1.18% |
| Jio Financial Services Ltd. | 0.87% | 2.34% |
| Muthoot Finance Ltd. | 0.55% | 0.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.6% means 63.6% 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 Financial Services Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange Of India Ltd. | 3.33% |
| City Union Bank Ltd. | 3.19% |
| PNB Housing Finance Ltd. | 2.50% |
| Karur Vysya Bank Ltd. | 2.34% |
| The Federal Bank Ltd. | 2.03% |
Largest holdings only in Tata NIFTY Financial Services Index Fund
| Security | % of fund |
|---|---|
| BAJAJ FINSERV LTD | 3.31% |
| HDFC LIFE INSURANCE CO. LTD | 1.85% |
| ICICI LOMBARD GENERAL INSURANCE CO. LTD | 1.25% |
| REC LTD | 1.23% |
| SBI CARDS AND PAYMENT SERVICES LTD | 0.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Financial Services | Tata NIFTY Financial Services Index |
|---|---|---|
| Equity | 96.7% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.3% | -0.0% |
Market cap of stocks
| Market cap | Edelweiss Financial Services | Tata NIFTY Financial Services Index |
|---|---|---|
| Large Cap | 68.9% | 95.2% |
| Mid Cap | 11.4% | 4.2% |
| Small Cap | 16.2% | 0.5% |
| Not on AMFI's list | 0.2% | 0.0% |
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 Financial Services | Tata NIFTY Financial Services Index |
|---|---|---|
| Banks | 57.1% | 63.1% |
| Finance | 21.2% | 26.0% |
| Capital Markets | 12.8% | 4.2% |
| Insurance | 5.0% | 6.8% |
| Financial Technology (Fintech) | 0.7% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Financial Services vs Tata NIFTY Financial Services Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Financial Services Fund | Tata NIFTY Financial Services Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 0.58% |
| Base expense ratio (Direct) | 0.71% | 0.39% |
| Total expense ratio (Regular) | 2.57% | 1.13% |
| Base expense ratio (Regular) | 2.10% | 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.
More comparisons
Each fund against the others of its category
Compare Edelweiss Financial Services with
Edelweiss Financial Services Fund vs Tata NIFTY Financial Services Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Financial Services Fund and Tata NIFTY Financial Services Index Fund?
Edelweiss Financial Services Fund is a Thematic fund, Tata NIFTY Financial Services Index Fund is an Index fund, run by Edelweiss Mutual Fund and Tata Mutual Fund. Their portfolios overlap 63.6%. Edelweiss Financial Services Fund charges 0.96% a year and Tata NIFTY Financial Services Index Fund 0.58%.
Which has the lower expense ratio, Edelweiss Financial Services Fund or Tata NIFTY Financial Services Index Fund?
Tata NIFTY Financial Services Index Fund charges less: 0.58% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Financial Services Fund and Tata NIFTY Financial Services Index Fund overlap?
63.6%. They hold 14 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Financial Services Fund or Tata NIFTY Financial Services Index Fund?
On SEBI's riskometer, Edelweiss Financial Services Fund is rated Very High and Tata NIFTY Financial Services Index Fund Very High. Over their common history, the standard deviation of daily returns was 19.04% and 16.69% a year.
Can I invest in both Edelweiss Financial Services Fund and Tata NIFTY Financial Services Index Fund?
Yes. 63.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Financial Services Fund and Tata NIFTY Financial Services Index Fund?
Edelweiss Financial Services Fund: Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora. Tata NIFTY Financial Services 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.