Edelweiss Flexi Cap Fund vs Groww NIFTY 200 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Flexi Cap Fund is a Flexi Cap fund and Groww NIFTY 200 ETF is an ETF fund. In the year to 30-10-2026, Edelweiss Flexi Cap Fund (Direct) returned −5.4% and Groww NIFTY 200 ETF returned −8.2%. Edelweiss Flexi Cap Fund charges 0.76% a year and Groww NIFTY 200 ETF 0.43%. Their portfolios overlap 53.4%: they hold 70 of the same securities.
Edelweiss Flexi Cap Fund
Flexi Cap
- 1 year return
- −5.4%
- Expense ratio
- 0.76%
- NAV
- ₹43.33
Which is better, Edelweiss Flexi Cap or Groww NIFTY 200 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Flexi Cap returned more over 1 year: −5.4% against −8.2%.
- Groww NIFTY 200 ETF costs less: 0.43% a year against 0.76%.
- Edelweiss Flexi Cap fell less in its worst fall since 27-02-2025: −13.5% against −14.8%.
- Groww NIFTY 200 ETF holds more in large companies: 79.6% of the fund in large caps against 60.3%.
- Edelweiss Flexi Cap is the larger fund: ₹3,509 Cr against ₹16 Cr.
- Their portfolios overlap 53.4%: 70 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 Flexi Cap Fund | Groww NIFTY 200 ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Groww Mutual Fund |
| Category | Flexi Cap | ETF |
| AUM | ₹3,509 Cr (30-09-2026) | ₹16 Cr (30-09-2026) |
| NAV | ₹43.33 (Direct) | ₹10.72 |
| Expense ratio (Direct) | 0.76% | Not available |
| Expense ratio (Regular) | 2.14% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 200 TRI |
| Launch date | 03-02-2015 | 25-02-2025 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Ashwani Agarwalla, Mehul Dalmia | Nikhil Satam, Aakash Chauhan, Shashi Kumar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Nil |
Edelweiss Flexi Cap vs Groww NIFTY 200 ETF: 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 Flexi Cap Fund (Direct) | −0.47% | −5.28% | −2.09% | −5.42% | +13.98% | +11.55% | -- |
| Groww NIFTY 200 ETF | +0.13% | −6.00% | −3.35% | −8.21% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | -- |
Category average: the average of the 46 Flexi Cap funds, same plan type.
Edelweiss Flexi Cap vs Groww NIFTY 200 ETF: Year-wise Returns
| Year | Edelweiss Flexi CapEdelweiss Flexi Cap | Groww NIFTY 200 ETFGroww NIFTY 200 ETF |
|---|---|---|
| 2026to date | −6.69% | −8.79% |
| 2025 | +6.95% | -- |
| 2024 | +27.35% | -- |
| 2023 | +31.38% | -- |
| 2022 | +2.44% | -- |
| 2021 | +37.07% | -- |
Edelweiss Flexi Cap vs Groww NIFTY 200 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Edelweiss Flexi Cap Fund
Rolling returns
Every 1-year holding period, 164 of them, one for each trading day from 27-02-2026 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 Flexi Cap Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 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 Flexi Cap | 15.2 | 44.5 | 29.3 | 7.9 | 3.0 | 0.0 | 0.0 | 4.3% | 3.7% | −6.9% | 19.4% | 100% |
| Groww NIFTY 200 ETF | 46.3 | 37.8 | 11.6 | 3.7 | 0.6 | 0.0 | 0.0 | 0.8% | 0.3% | −9.9% | 15.6% | 1% |
| Nifty 500 TRI | 36.0 | 40.2 | 19.5 | 3.0 | 1.2 | 0.0 | 0.0 | 1.7% | 1.1% | −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 27-02-2025. Past returns do not promise future returns.
Edelweiss Flexi Cap vs Groww NIFTY 200 ETF: 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 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Flexi CapEdelweiss Flexi Cap Fund (Direct) | ₹2,10,000 | ₹2,09,166 | −₹834 | −0.4% |
| Groww NIFTY 200 ETFGroww NIFTY 200 ETF | ₹2,10,000 | ₹2,04,546 | −₹5,454 | −2.9% |
Edelweiss Flexi CapEdelweiss Flexi Cap Fund (Direct)
Groww NIFTY 200 ETFGroww NIFTY 200 ETF
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 Flexi Cap vs Groww NIFTY 200 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Flexi Cap Fund (Direct) | Groww NIFTY 200 ETF |
|---|---|---|
| Return (CAGR) | −5.42% | −8.21% |
| Standard deviation | 14.13% | 14.33% |
| Sharpe ratio | -0.76 | -0.94 |
| Sortino ratio | -1.01 | -1.24 |
| Maximum drawdown | −13.5% (23-03-2026) | −14.8% (31-03-2026) |
| Beta | 0.97 | 1.00 |
| Alpha | +1.54% | −0.38% |
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 Flexi Cap Fund (Direct) | Groww NIFTY 200 ETF |
|---|---|---|
| Return (CAGR) | +15.74% | +4.51% |
| Standard deviation | 15.66% | 13.84% |
| Sharpe ratio | 0.66 | -0.07 |
| Sortino ratio | 0.89 | -0.09 |
| Maximum drawdown | −36.1% (23-03-2020) | −14.8% (31-03-2026) |
| Beta | 0.96 | 1.00 |
| Alpha | +2.66% | −0.43% |
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 Flexi Cap Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Flexi Cap Fund (Direct) | −13.5% | 02-01-2026 | 23-03-2026 | Not yet | -- | −7.6% |
| Groww NIFTY 200 ETF | −14.8% | 02-01-2026 | 31-03-2026 | Not yet | -- | −9.7% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 27-02-2025, 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 Flexi Cap Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Flexi Cap Fund (Direct) | 100% | 90% | 2.79% |
| Groww NIFTY 200 ETF | 94% | 98% | 1.47% |
From month-end values since 27-02-2025. 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 Flexi Cap vs Groww NIFTY 200 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Flexi Cap Fund, September 2026; Groww NIFTY 200 ETF, September 2026
Holdings in common
- Overlap
- 53.4%
- Held by both
- 70
- Only in Edelweiss Flexi Cap
- 24
- Only in Groww NIFTY 200 ETF
- 130
| Security | % of Edelweiss Flexi Cap | % of Groww NIFTY 200 ETF |
|---|---|---|
| ICICI Bank Ltd. | 5.18% | 5.86% |
| HDFC Bank Ltd. | 4.99% | 6.72% |
| Reliance Industries Ltd. | 3.60% | 4.91% |
| Larsen & Toubro Ltd. | 3.70% | 2.72% |
| State Bank of India | 1.99% | 2.45% |
| Bharti Airtel Ltd. | 1.73% | 3.31% |
| Mahindra & Mahindra Ltd. | 1.92% | 1.63% |
| Axis Bank Ltd. | 1.61% | 2.18% |
| Infosys Ltd. | 1.55% | 2.17% |
| Bajaj Finance Ltd. | 1.47% | 1.62% |
| Kotak Mahindra Bank Ltd. | 1.31% | 1.90% |
| Titan Company Ltd. | 1.76% | 1.17% |
| Eternal Ltd. | 1.14% | 1.43% |
| Maruti Suzuki India Ltd. | 1.30% | 0.96% |
| NTPC Ltd. | 1.86% | 0.95% |
| Tata Steel Ltd. | 2.20% | 0.95% |
| Bharat Electronics Ltd. | 0.97% | 0.86% |
| Shriram Finance Ltd. | 1.59% | 0.85% |
| Ultratech Cement Ltd. | 1.72% | 0.80% |
| Tata Consultancy Services Ltd. | 0.79% | 1.29% |
| Hindalco Industries Ltd. | 0.75% | 0.84% |
| Divi's Laboratories Ltd. | 2.04% | 0.73% |
| Sun Pharmaceutical Industries Ltd. | 0.69% | 1.19% |
| Asian Paints Ltd. | 0.68% | 0.67% |
| Hindustan Unilever Ltd. | 0.65% | 1.03% |
| Eicher Motors Ltd. | 0.69% | 0.61% |
| Tech Mahindra Ltd. | 0.61% | 0.60% |
| TVS Motor Company Ltd. | 1.09% | 0.60% |
| HCL Technologies Ltd. | 0.57% | 0.80% |
| Trent Ltd. | 0.80% | 0.54% |
| Multi Commodity Exchange Of India Ltd. | 1.46% | 0.52% |
| BSE Ltd. | 0.49% | 0.78% |
| The Federal Bank Ltd. | 1.02% | 0.48% |
| Cholamandalam Investment & Finance Company Ltd. | 0.51% | 0.43% |
| Torrent Pharmaceuticals Ltd. | 1.06% | 0.43% |
| Max Healthcare Institute Ltd. | 0.82% | 0.43% |
| Nestle India Ltd. | 0.41% | 0.58% |
| Tata Consumer Products Ltd. | 0.87% | 0.38% |
| Coforge Ltd. | 0.95% | 0.38% |
| Bharat Heavy Electricals Ltd. | 0.54% | 0.37% |
| AU Small Finance Bank Ltd. | 1.05% | 0.36% |
| CG Power and Industrial Solutions Ltd. | 0.68% | 0.36% |
| Persistent Systems Ltd. | 0.99% | 0.35% |
| Britannia Industries Ltd. | 0.80% | 0.35% |
| IDFC First Bank Ltd. | 1.08% | 0.33% |
| Cipla Ltd. | 0.33% | 0.47% |
| Solar Industries India Ltd. | 1.00% | 0.29% |
| Ashok Leyland Ltd. | 0.98% | 0.27% |
| Dixon Technologies (India) Ltd. | 0.26% | 0.33% |
| Marico Ltd. | 0.93% | 0.26% |
| Fortis Healthcare Ltd. | 1.34% | 0.25% |
| LTM Ltd. | 0.68% | 0.23% |
| The Phoenix Mills Ltd. | 1.19% | 0.22% |
| Radico Khaitan Ltd. | 1.19% | 0.21% |
| Hindustan Petroleum Corporation Ltd. | 0.22% | 0.21% |
| Hyundai Motor India Ltd. | 0.29% | 0.18% |
| Indian Bank | 0.75% | 0.18% |
| Vishal Mega Mart Ltd | 0.56% | 0.18% |
| PB Fintech Ltd. | 0.17% | 0.23% |
| KEI Industries Ltd. | 1.00% | 0.17% |
| Billionbrains Garage Ventures Ltd. | 0.35% | 0.16% |
| Prestige Estates Projects Ltd. | 0.86% | 0.15% |
| Oil India Ltd. | 0.48% | 0.15% |
| L&T Finance Ltd. | 1.09% | 0.14% |
| Meesho Ltd. | 0.29% | 0.13% |
| Exide Industries Ltd. | 0.76% | 0.12% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.56% | 0.11% |
| LG Electronics India Ltd. | 1.09% | 0.11% |
| Mazagon Dock Shipbuilders Ltd. | 0.41% | 0.10% |
| Bharat Dynamics Ltd. | 0.11% | 0.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.4% means 53.4% 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 Flexi Cap Fund
| Security | % of fund |
|---|---|
| City Union Bank Ltd. | 1.62% |
| Karur Vysya Bank Ltd. | 1.51% |
| Craftsman Automation Ltd. | 1.01% |
| IPCA Laboratories Ltd. | 0.97% |
| Ather Energy Ltd. | 0.95% |
Largest holdings only in Groww NIFTY 200 ETF
| Security | % of fund |
|---|---|
| ITC Limited | 1.57% |
| Adani Port & Special Economic Zone Ltd | 0.87% |
| JSW Steel Limited | 0.75% |
| Bajaj Auto Limited | 0.73% |
| Power Grid Corporation of India Limited | 0.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Flexi Cap | Groww NIFTY 200 ETF |
|---|---|---|
| Equity | 95.2% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.8% | 0.1% |
Market cap of stocks
| Market cap | Edelweiss Flexi Cap | Groww NIFTY 200 ETF |
|---|---|---|
| Large Cap | 60.3% | 79.6% |
| Mid Cap | 23.1% | 19.9% |
| Small Cap | 11.7% | 0.3% |
| 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 Flexi Cap | Groww NIFTY 200 ETF |
|---|---|---|
| Banks | 22.1% | 22.2% |
| IT - Software | 6.1% | 6.4% |
| Automobiles | 6.2% | 5.5% |
| Finance | 6.0% | 5.9% |
| Petroleum Products | 3.8% | 5.8% |
| Pharmaceuticals & Biotechnology | 5.1% | 5.1% |
| Auto Components | 4.0% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Flexi Cap vs Groww NIFTY 200 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Flexi Cap Fund | Groww NIFTY 200 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | Not available |
| Base expense ratio (Direct) | 0.45% | 0.35% |
| Total expense ratio (Regular) | 2.14% | Not available |
| Base expense ratio (Regular) | 1.63% | 0.00% |
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 Flexi Cap Fund vs Groww NIFTY 200 ETF: Frequently Asked Questions
What is the difference between Edelweiss Flexi Cap Fund and Groww NIFTY 200 ETF?
Edelweiss Flexi Cap Fund is a Flexi Cap fund, Groww NIFTY 200 ETF is an ETF fund, run by Edelweiss Mutual Fund and Groww Mutual Fund. Their portfolios overlap 53.4%. Edelweiss Flexi Cap Fund charges 0.76% a year and Groww NIFTY 200 ETF 0.43%.
Which has given higher returns, Edelweiss Flexi Cap Fund or Groww NIFTY 200 ETF?
Over 1 year: Edelweiss Flexi Cap Fund −5.42%, Groww NIFTY 200 ETF −8.21%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Flexi Cap Fund or Groww NIFTY 200 ETF?
Groww NIFTY 200 ETF charges less: 0.43% a year against 0.76%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Flexi Cap Fund and Groww NIFTY 200 ETF overlap?
53.4%. They hold 70 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Flexi Cap Fund or Groww NIFTY 200 ETF?
On SEBI's riskometer, Edelweiss Flexi Cap Fund is rated Very High and Groww NIFTY 200 ETF Very High. Over 1 years, the standard deviation of daily returns was 14.13% and 14.33% a year.
Can I invest in both Edelweiss Flexi Cap Fund and Groww NIFTY 200 ETF?
Yes. 53.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Flexi Cap Fund and Groww NIFTY 200 ETF?
Edelweiss Flexi Cap Fund: Trideep Bhattacharya, Ashwani Agarwalla, Mehul Dalmia. Groww NIFTY 200 ETF: Nikhil Satam, Aakash Chauhan, Shashi Kumar.
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.