Edelweiss Flexi Cap Fund vs JM Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Flexi Cap Fund and JM Flexi Cap Fund are both Flexi Cap funds. In the 3 years to 30-10-2026, Edelweiss Flexi Cap Fund (Direct) returned 14.0% a year and JM Flexi Cap Fund (Direct) returned 13.1% a year. Edelweiss Flexi Cap Fund charges 0.76% a year and JM Flexi Cap Fund 1.09% (Direct plans). Their portfolios overlap 37.3%: they hold 31 of the same securities.
Edelweiss Flexi Cap Fund
Flexi Cap
- 3 year return
- 14.0%
- Expense ratio
- 0.76%
- NAV
- ₹43.33
Which is better, Edelweiss Flexi Cap or JM Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JM Flexi Cap returned more over 5 years: 13.9% a year against 11.6%.
- Edelweiss Flexi Cap returned more over 3 years: 14.0% a year against 13.1%.
- Edelweiss Flexi Cap costs less: 0.76% a year against 1.09% (Direct plans).
- Edelweiss Flexi Cap swung less over 3 years: a standard deviation of 14.5% a year against 15.7%.
- JM Flexi Cap fell less in its worst fall since 28-11-2016: −35.0% against −36.1%.
- Edelweiss Flexi Cap holds more in large companies: 60.3% of the fund in large caps against 49.4%.
- JM Flexi Cap is the larger fund: ₹5,036 Cr against ₹3,509 Cr.
- Their portfolios overlap 37.3%: 31 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 | JM Flexi Cap Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | JM Financial Mutual Fund |
| Category | Flexi Cap | Flexi Cap |
| AUM | ₹3,509 Cr (30-09-2026) | ₹5,036 Cr (30-09-2026) |
| NAV | ₹43.33 (Direct) | ₹108.04 (Direct) |
| Expense ratio (Direct) | 0.76% | 1.09% |
| Expense ratio (Regular) | 2.14% | 2.31% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 03-02-2015 | 23-09-2008 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Ashwani Agarwalla, Mehul Dalmia | Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, Ruchi Fozdar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1%, if redeemed within 30 days. |
Edelweiss Flexi Cap vs JM Flexi Cap: 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% | -- |
| JM Flexi Cap Fund (Direct) | −3.51% | −4.36% | +1.11% | −5.28% | +13.05% | +13.89% | +15.31% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 46 Flexi Cap funds, same plan type.
Edelweiss Flexi Cap vs JM Flexi Cap: Year-wise Returns
| Year | EdelweissEdelweiss Flexi Cap | JMJM Flexi Cap |
|---|---|---|
| 2026to date | −6.69% | −2.66% |
| 2025 | +6.95% | −5.65% |
| 2024 | +27.35% | +35.27% |
| 2023 | +31.38% | +41.55% |
| 2022 | +2.44% | +8.69% |
| 2021 | +37.07% | +33.98% |
Edelweiss Flexi Cap vs JM Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Edelweiss Flexi Cap Fund
Rolling returns
Every 3-year holding period, 1,709 of them, one for each trading day from 28-11-2019 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)
JM Flexi Cap Fund (Direct)
Nifty 500 TRI
to
Jun 2020Aug 2018
to
Aug 2021Oct 2019
to
Oct 2022Dec 2020
to
Dec 2023Mar 2022
to
Mar 2025Apr 2023
to
Apr 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 | 1.3 | 6.6 | 5.7 | 11.7 | 33.2 | 34.1 | 7.5 | 17.5% | 19.1% | −2.8% | 33.5% | 93% |
| JM Flexi Cap | 1.9 | 7.9 | 3.3 | 13.0 | 22.5 | 21.3 | 30.1 | 19.5% | 20.5% | −3.0% | 34.1% | 87% |
| Nifty 500 TRI | 3.0 | 6.7 | 5.2 | 24.9 | 40.2 | 15.5 | 4.5 | 15.4% | 16.2% | −6.3% | 33.5% | -- |
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 28-11-2016. Past returns do not promise future returns.
Edelweiss Flexi Cap vs JM Flexi Cap: 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 28-11-2016 to 30-10-2026: 120 instalments, ₹12,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Flexi CapEdelweiss Flexi Cap Fund (Direct) | ₹12,00,000 | ₹25,50,221 | ₹13,50,221 | 14.4% |
| JM Flexi CapJM Flexi Cap Fund (Direct) | ₹12,00,000 | ₹27,20,042 | ₹15,20,042 | 15.6% |
Edelweiss Flexi CapEdelweiss Flexi Cap Fund (Direct)
JM Flexi CapJM Flexi Cap 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 Flexi Cap vs JM Flexi Cap: 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) | JM Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.42% | −5.28% |
| Standard deviation | 14.13% | 15.20% |
| Sharpe ratio | -0.76 | -0.69 |
| Sortino ratio | -1.01 | -0.91 |
| Maximum drawdown | −13.5% (23-03-2026) | −16.2% (31-03-2026) |
| Beta | 0.97 | 1.03 |
| Alpha | +1.54% | +2.72% |
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) | JM Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.98% | +13.05% |
| Standard deviation | 14.54% | 15.74% |
| Sharpe ratio | 0.55 | 0.45 |
| Sortino ratio | 0.75 | 0.59 |
| Maximum drawdown | −19.0% (28-02-2025) | −22.6% (31-03-2026) |
| Beta | 1.00 | 1.05 |
| Alpha | +3.75% | +2.95% |
From daily NAVs, 30-10-2023 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) | JM Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.55% | +13.89% |
| Standard deviation | 14.33% | 15.35% |
| Sharpe ratio | 0.40 | 0.53 |
| Sortino ratio | 0.54 | 0.71 |
| Maximum drawdown | −19.0% (28-02-2025) | −22.6% (31-03-2026) |
| Beta | 0.98 | 1.03 |
| Alpha | +2.79% | +5.17% |
From daily NAVs, 29-10-2021 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) | JM Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.74% | +16.00% |
| Standard deviation | 15.66% | 17.02% |
| Sharpe ratio | 0.66 | 0.58 |
| Sortino ratio | 0.89 | 0.80 |
| Maximum drawdown | −36.1% (23-03-2020) | −35.0% (23-03-2020) |
| Beta | 0.96 | 1.02 |
| Alpha | +2.66% | +3.03% |
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)
JM Flexi Cap 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 Flexi Cap Fund (Direct) | −36.1% | 13-02-2020 | 23-03-2020 | 09-11-2020 | 8 months | −7.6% |
| JM Flexi Cap Fund (Direct) | −35.0% | 12-02-2020 | 23-03-2020 | 24-11-2020 | 8 months | −12.5% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 28-11-2016, 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)
JM Flexi Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Flexi Cap Fund (Direct)
JM Flexi Cap Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Flexi Cap Fund (Direct)
JM Flexi Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Flexi Cap Fund (Direct) | 103% | 93% | 3.81% |
| JM Flexi Cap Fund (Direct) | 102% | 85% | 6.28% |
From month-end values since 28-11-2016. 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 JM Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Flexi Cap Fund, September 2026; JM Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 37.3%
- Held by both
- 31
- Only in Edelweiss Flexi Cap
- 63
- Only in JM Flexi Cap
- 58
| Security | % of Edelweiss Flexi Cap | % of JM Flexi Cap |
|---|---|---|
| ICICI Bank Ltd. | 5.18% | 4.44% |
| Reliance Industries Ltd. | 3.60% | 2.65% |
| HDFC Bank Ltd. | 4.99% | 2.55% |
| Larsen & Toubro Ltd. | 3.70% | 2.37% |
| Divi's Laboratories Ltd. | 2.04% | 2.12% |
| State Bank of India | 1.99% | 3.42% |
| Mahindra & Mahindra Ltd. | 1.92% | 2.22% |
| Bharti Airtel Ltd. | 1.73% | 2.23% |
| Shriram Finance Ltd. | 1.59% | 2.66% |
| Maruti Suzuki India Ltd. | 1.30% | 1.31% |
| Multi Commodity Exchange Of India Ltd. | 1.46% | 1.22% |
| Bajaj Finance Ltd. | 1.47% | 1.17% |
| Eternal Ltd. | 1.14% | 1.40% |
| LG Electronics India Ltd. | 1.09% | 1.43% |
| IDFC First Bank Ltd. | 1.08% | 1.43% |
| Infosys Ltd. | 1.55% | 1.07% |
| NTPC Ltd. | 1.86% | 0.81% |
| Tata Consultancy Services Ltd. | 0.79% | 0.81% |
| Trent Ltd. | 0.80% | 0.78% |
| Exide Industries Ltd. | 0.76% | 1.19% |
| Sun Pharmaceutical Industries Ltd. | 0.69% | 1.21% |
| Tech Mahindra Ltd. | 0.61% | 1.21% |
| Navin Fluorine International Ltd. | 0.59% | 1.17% |
| Bharat Heavy Electricals Ltd. | 0.54% | 1.65% |
| Asian Paints Ltd. | 0.68% | 0.48% |
| Elecon Engineering Company Ltd. | 0.48% | 0.37% |
| Radico Khaitan Ltd. | 1.19% | 0.36% |
| Billionbrains Garage Ventures Ltd. | 0.35% | 1.20% |
| Shadowfax Technologies Ltd. | 0.31% | 1.07% |
| Netweb Technologies India Ltd. | 0.47% | 0.29% |
| SBI Funds Management Ltd. | 0.18% | 0.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.3% means 37.3% 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 |
|---|---|
| Tata Steel Ltd. | 2.20% |
| Titan Company Ltd. | 1.76% |
| Ultratech Cement Ltd. | 1.72% |
| City Union Bank Ltd. | 1.62% |
| Axis Bank Ltd. | 1.61% |
Largest holdings only in JM Flexi Cap Fund
| Security | % of fund |
|---|---|
| Pine Labs Limited | 2.40% |
| One 97 Communications Limited | 2.12% |
| Godfrey Phillips India Limited | 2.06% |
| Apollo Hospitals Enterprise Limited | 1.98% |
| Samvardhana Motherson International Ltd | 1.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Flexi Cap | JM Flexi Cap |
|---|---|---|
| Equity | 95.2% | 97.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.8% | 2.3% |
Market cap of stocks
| Market cap | Edelweiss Flexi Cap | JM Flexi Cap |
|---|---|---|
| Large Cap | 60.3% | 49.4% |
| Mid Cap | 23.1% | 15.6% |
| Small Cap | 11.7% | 29.4% |
| Not on AMFI's list | 0.2% | 3.3% |
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 | JM Flexi Cap |
|---|---|---|
| Banks | 22.1% | 15.0% |
| Auto Components | 4.0% | 7.3% |
| Automobiles | 6.2% | 3.9% |
| IT - Software | 6.1% | 3.5% |
| Finance | 6.0% | 4.5% |
| Pharmaceuticals & Biotechnology | 5.1% | 4.6% |
| Electrical Equipment | 2.1% | 5.1% |
| Financial Technology (Fintech) | 0.2% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Flexi Cap vs JM Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Flexi Cap Fund | JM Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | 1.09% |
| Base expense ratio (Direct) | 0.45% | 0.57% |
| Total expense ratio (Regular) | 2.14% | 2.31% |
| Base expense ratio (Regular) | 1.63% | 1.61% |
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 Flexi Cap with
Edelweiss Flexi Cap Fund vs JM Flexi Cap Fund: Frequently Asked Questions
What is the difference between Edelweiss Flexi Cap Fund and JM Flexi Cap Fund?
Both are Flexi Cap funds, run by Edelweiss Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 37.3%. Edelweiss Flexi Cap Fund charges 0.76% a year and JM Flexi Cap Fund 1.09%.
Which has given higher returns, Edelweiss Flexi Cap Fund or JM Flexi Cap Fund?
Over 1 year: Edelweiss Flexi Cap Fund −5.42%, JM Flexi Cap Fund −5.28%. Over 3 years: Edelweiss Flexi Cap Fund +13.98% a year, JM Flexi Cap Fund +13.05% a year. Over 5 years: Edelweiss Flexi Cap Fund +11.55% a year, JM Flexi Cap Fund +13.89% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Flexi Cap Fund or JM Flexi Cap Fund?
Edelweiss Flexi Cap Fund charges less: 0.76% a year against 1.09%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Flexi Cap Fund and JM Flexi Cap Fund overlap?
37.3%. They hold 31 of the same securities, the largest shared ones being ICICIBANK, RELIANCE, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Flexi Cap Fund or JM Flexi Cap Fund?
On SEBI's riskometer, Edelweiss Flexi Cap Fund is rated Very High and JM Flexi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 14.54% and 15.74% a year.
Which is better for SIP, Edelweiss Flexi Cap Fund or JM Flexi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,97,864 in Edelweiss Flexi Cap Fund (XIRR 10.5% a year) and ₹8,18,519 in JM Flexi Cap Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Flexi Cap Fund and JM Flexi Cap Fund?
Yes. 37.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Flexi Cap Fund and JM Flexi Cap Fund?
Edelweiss Flexi Cap Fund: Trideep Bhattacharya, Ashwani Agarwalla, Mehul Dalmia. JM Flexi Cap Fund: Satish Ramanathan, Asit Bhandarkar, Deepak Gupta, Ruchi Fozdar.
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.