Edelweiss Focused Fund vs Zerodha BSE SENSEX Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Focused Fund is a Focused fund and Zerodha BSE SENSEX Index Fund is an Index fund. Edelweiss Focused Fund charges 0.85% a year and Zerodha BSE SENSEX Index Fund 0.47% (Direct plans). Their portfolios overlap 45.0%: they hold 14 of the same securities.
Which is better, Edelweiss Focused or Zerodha BSE SENSEX Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha BSE SENSEX Index costs less: 0.47% a year against 0.85% (Direct plans).
- Edelweiss Focused fell less in its worst fall since 10-11-2025: −13.4% against −16.1%.
- Zerodha BSE SENSEX Index holds more in large companies: 100.1% of the fund in large caps against 62.1%.
- Edelweiss Focused is the larger fund: ₹959 Cr against ₹19 Cr.
- Their portfolios overlap 45.0%: 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 Focused Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Zerodha Mutual Fund |
| Category | Focused | Index |
| AUM | ₹959 Cr (30-09-2026) | ₹19 Cr (30-09-2026) |
| NAV | ₹16.46 (Direct) | ₹8.99 (Direct) |
| Expense ratio (Direct) | 0.85% | 0.47% |
| Expense ratio (Regular) | 2.35% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE SENSEX TRI |
| Launch date | 01-08-2022 | 06-11-2025 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Sumanta Khan, Mehul Dalmia, Amit Vora | Kedarnath Mirajkar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Nil |
Edelweiss Focused vs Zerodha BSE SENSEX 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 Focused Fund (Direct) | −1.76% | −7.58% | −3.96% | −7.60% | +11.78% | -- | -- |
| Zerodha BSE SENSEX Index Fund (Direct) | +2.75% | −4.37% | −2.58% | -- | -- | -- | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | -- | -- |
Category average: the average of the 28 Focused funds, same plan type.
Edelweiss Focused vs Zerodha BSE SENSEX Index: Year-wise Returns
| Year | Edelweiss FocusedEdelweiss Focused | Zerodha BSE SENSEX IndexZerodha BSE SENSEX Index |
|---|---|---|
| 2026to date | −8.19% | −12.06% |
| 2025 | +4.85% | -- |
| 2024 | +24.56% | -- |
| 2023 | +32.00% | -- |
Edelweiss Focused vs Zerodha BSE SENSEX Index: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Edelweiss Focused Fund
Edelweiss Focused vs Zerodha BSE SENSEX Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Focused Fund (Direct) | Zerodha BSE SENSEX Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.39% | −10.70% |
| Standard deviation | 13.66% | 14.00% |
| Sharpe ratio | 0.46 | -1.14 |
| Sortino ratio | 0.63 | -1.53 |
| Maximum drawdown | −17.1% (07-04-2025) | −16.1% (30-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | +1.86% | −0.40% |
From daily NAVs, 03-08-2022 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 Focused Fund (Direct)
Zerodha BSE SENSEX 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 Focused Fund (Direct) | −13.4% | 11-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −10.0% |
| Zerodha BSE SENSEX Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 10-11-2025, the first day every fund has.
Edelweiss Focused vs Zerodha BSE SENSEX Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Focused Fund, September 2026; Zerodha BSE SENSEX Index Fund, September 2026
Holdings in common
- Overlap
- 45.0%
- Held by both
- 14
- Only in Edelweiss Focused
- 15
- Only in Zerodha BSE SENSEX Index
- 16
| Security | % of Edelweiss Focused | % of Zerodha BSE SENSEX Index |
|---|---|---|
| ICICI Bank Ltd. | 7.84% | 11.04% |
| HDFC Bank Ltd. | 5.96% | 12.59% |
| Reliance Industries Ltd. | 5.35% | 9.16% |
| Larsen & Toubro Ltd. | 5.28% | 5.11% |
| Mahindra & Mahindra Ltd. | 3.06% | 3.08% |
| Bajaj Finance Ltd. | 3.28% | 3.00% |
| Infosys Ltd. | 2.70% | 4.09% |
| Titan Company Ltd. | 3.23% | 2.18% |
| State Bank of India | 2.13% | 4.64% |
| NTPC Ltd. | 3.47% | 1.78% |
| Tata Steel Ltd. | 4.68% | 1.77% |
| Bharat Electronics Ltd. | 2.60% | 1.62% |
| Ultratech Cement Ltd. | 2.08% | 1.50% |
| Trent Ltd. | 1.73% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 45.0% means 45.0% 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 Focused Fund
| Security | % of fund |
|---|---|
| Marico Ltd. | 4.83% |
| Shriram Finance Ltd. | 4.59% |
| Mankind Pharma Ltd. | 4.38% |
| KEI Industries Ltd. | 3.66% |
| Multi Commodity Exchange Of India Ltd. | 3.66% |
Largest holdings only in Zerodha BSE SENSEX Index Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 6.39% |
| Axis Bank Limited | 4.08% |
| Kotak Mahindra Bank Limited | 3.58% |
| ITC Limited | 2.97% |
| Eternal Limited | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Focused | Zerodha BSE SENSEX Index |
|---|---|---|
| Equity | 98.6% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.4% | -0.1% |
Market cap of stocks
| Market cap | Edelweiss Focused | Zerodha BSE SENSEX Index |
|---|---|---|
| Large Cap | 62.1% | 100.1% |
| Mid Cap | 36.5% | 0.0% |
| Small Cap | 0.0% | 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 Focused | Zerodha BSE SENSEX Index |
|---|---|---|
| Banks | 21.9% | 35.9% |
| Petroleum Products | 5.3% | 9.2% |
| IT - Software | 6.1% | 9.2% |
| Finance | 7.9% | 4.1% |
| Telecom - Services | 0.0% | 6.4% |
| Automobiles | 6.2% | 4.9% |
| Construction | 5.3% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Focused vs Zerodha BSE SENSEX Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Focused Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.85% | 0.47% |
| Base expense ratio (Direct) | 0.67% | 0.29% |
| Total expense ratio (Regular) | 2.35% | Not available |
| Base expense ratio (Regular) | 1.95% | 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 Focused Fund vs Zerodha BSE SENSEX Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Focused Fund and Zerodha BSE SENSEX Index Fund?
Edelweiss Focused Fund is a Focused fund, Zerodha BSE SENSEX Index Fund is an Index fund, run by Edelweiss Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 45.0%. Edelweiss Focused Fund charges 0.85% a year and Zerodha BSE SENSEX Index Fund 0.47%.
Which has the lower expense ratio, Edelweiss Focused Fund or Zerodha BSE SENSEX Index Fund?
Zerodha BSE SENSEX Index Fund charges less: 0.47% a year against 0.85%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Focused Fund and Zerodha BSE SENSEX Index Fund overlap?
45.0%. They hold 14 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Focused Fund or Zerodha BSE SENSEX Index Fund?
On SEBI's riskometer, Edelweiss Focused Fund is rated Very High and Zerodha BSE SENSEX Index Fund Very High. Over their common history, the standard deviation of daily returns was 13.66% and 14.00% a year.
Can I invest in both Edelweiss Focused Fund and Zerodha BSE SENSEX Index Fund?
Yes. 45.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Focused Fund and Zerodha BSE SENSEX Index Fund?
Edelweiss Focused Fund: Trideep Bhattacharya, Sumanta Khan, Mehul Dalmia, Amit Vora. Zerodha BSE SENSEX Index Fund: Kedarnath Mirajkar.
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.