Edelweiss Large Cap Fund vs Zerodha Nifty 100 ETF
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Large Cap Fund is a Large Cap fund and Zerodha Nifty 100 ETF is an ETF fund. In the year to 30-10-2026, Edelweiss Large Cap Fund (Direct) returned −5.8% and Zerodha Nifty 100 ETF (Direct) returned −8.7%. Edelweiss Large Cap Fund charges 0.97% a year and Zerodha Nifty 100 ETF 0.28% (Direct plans). Their portfolios overlap 67.5%: they hold 53 of the same securities.
Edelweiss Large Cap Fund
Large Cap
- 1 year return
- −5.8%
- Expense ratio
- 0.97%
- NAV
- ₹93.92
Which is better, Edelweiss Large Cap or Zerodha Nifty 100 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 Large Cap returned more over 1 year: −5.8% against −8.7%.
- Zerodha Nifty 100 ETF costs less: 0.28% a year against 0.97% (Direct plans).
- Edelweiss Large Cap fell less in its worst fall since 18-06-2024: −17.1% against −17.2%.
- Zerodha Nifty 100 ETF holds more in large companies: 97.9% of the fund in large caps against 80.6%.
- Edelweiss Large Cap is the larger fund: ₹1,366 Cr against ₹165 Cr.
- Their portfolios overlap 67.5%: 53 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 Large Cap Fund | Zerodha Nifty 100 ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Zerodha Mutual Fund |
| Category | Large Cap | ETF |
| AUM | ₹1,366 Cr (30-09-2026) | ₹165 Cr (30-09-2026) |
| NAV | ₹93.92 (Direct) | ₹10.09 (Direct) |
| Expense ratio (Direct) | 0.97% | 0.28% |
| Expense ratio (Regular) | 2.42% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 100 TRI |
| Launch date | 20-05-2009 | 12-06-2024 |
| Minimum investment | ₹100 | In creation unit size of 765,000 units and in multiples thereafter |
| Lock in | None | None |
| Fund managers | Bharat Lahoti, Bhavesh Jain | Kedarnath Mirajkar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Not available |
Edelweiss Large Cap vs Zerodha Nifty 100 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 Large Cap Fund (Direct) | +0.92% | −3.81% | −0.41% | −5.79% | +10.37% | +9.46% | +12.90% |
| Zerodha Nifty 100 ETF (Direct) | +1.04% | −5.28% | −2.92% | −8.69% | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 35 Large Cap funds, same plan type.
Edelweiss Large Cap vs Zerodha Nifty 100 ETF: Year-wise Returns
| Year | Edelweiss Large CapEdelweiss Large Cap | Zerodha Nifty 100 ETFZerodha Nifty 100 ETF | Nifty 100 TRI |
|---|---|---|---|
| 2026to date | −6.66% | −9.32% | −9.32% |
| 2025 | +8.86% | +10.15% | +10.24% |
| 2024 | +16.41% | -- | +12.95% |
| 2023 | +27.63% | -- | +21.24% |
| 2022 | +5.03% | -- | +4.94% |
| 2021 | +25.17% | -- | +26.45% |
Edelweiss Large Cap vs Zerodha Nifty 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 337 of them, one for each trading day from 18-06-2025 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 Large Cap Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
to
Jul 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 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 Large Cap | 36.5 | 30.9 | 23.4 | 7.1 | 2.1 | 0.0 | 0.0 | 2.8% | 2.2% | −7.9% | 16.5% | 64% |
| Zerodha Nifty 100 ETF | 40.8 | 27.5 | 19.2 | 11.8 | 0.6 | 0.0 | 0.0 | 2.2% | 1.3% | −10.5% | 15.2% | 6% |
| Nifty 100 TRI | 40.7 | 27.6 | 19.0 | 12.2 | 0.6 | 0.0 | 0.0 | 2.3% | 1.4% | −10.5% | 15.3% | -- |
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 100 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 18-06-2024. Past returns do not promise future returns.
Edelweiss Large Cap vs Zerodha Nifty 100 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 03-06-2024 to 30-10-2026: 29 instalments, ₹2,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Large CapEdelweiss Large Cap Fund (Direct) | ₹2,90,000 | ₹2,87,769 | −₹2,231 | −0.6% |
| Zerodha Nifty 100 ETFZerodha Nifty 100 ETF (Direct) | ₹2,90,000 | ₹2,80,663 | −₹9,337 | −2.6% |
Edelweiss Large CapEdelweiss Large Cap Fund (Direct)
Zerodha Nifty 100 ETFZerodha Nifty 100 ETF (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 Large Cap vs Zerodha Nifty 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Large Cap Fund (Direct) | Zerodha Nifty 100 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −5.79% | −8.69% |
| Standard deviation | 13.48% | 14.04% |
| Sharpe ratio | -0.82 | -0.99 |
| Sortino ratio | -1.09 | -1.32 |
| Maximum drawdown | −13.5% (30-03-2026) | −14.9% (30-03-2026) |
| Beta | 0.96 | 1.00 |
| Alpha | +2.34% | −0.01% |
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 Large Cap Fund (Direct) | Zerodha Nifty 100 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +13.49% | −0.19% |
| Standard deviation | 14.90% | 13.27% |
| Sharpe ratio | 0.50 | -0.45 |
| Sortino ratio | 0.68 | -0.62 |
| Maximum drawdown | −35.1% (23-03-2020) | −17.2% (28-02-2025) |
| Beta | 0.92 | 1.00 |
| Alpha | +1.98% | −0.06% |
From daily NAVs, 08-01-2013 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 Large Cap Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Large Cap Fund (Direct) | −17.1% | 27-09-2024 | 28-02-2025 | Not yet | -- | −7.6% |
| Zerodha Nifty 100 ETF (Direct) | −17.2% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.1% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 18-06-2024, 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 Large Cap Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Large Cap Fund (Direct) | 100% | 92% | 1.98% |
| Zerodha Nifty 100 ETF (Direct) | 100% | 100% | 0.04% |
From month-end values since 18-06-2024. 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 Large Cap vs Zerodha Nifty 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Large Cap Fund, September 2026; Zerodha Nifty 100 ETF, September 2026
Holdings in common
- Overlap
- 67.5%
- Held by both
- 53
- Only in Edelweiss Large Cap
- 28
- Only in Zerodha Nifty 100 ETF
- 47
| Security | % of Edelweiss Large Cap | % of Zerodha Nifty 100 ETF |
|---|---|---|
| ICICI Bank Ltd. | 7.64% | 7.34% |
| HDFC Bank Ltd. | 7.26% | 8.41% |
| Reliance Industries Ltd. | 5.39% | 6.15% |
| Larsen & Toubro Ltd. | 4.42% | 3.41% |
| State Bank of India | 2.77% | 3.07% |
| Axis Bank Ltd. | 3.10% | 2.73% |
| Infosys Ltd. | 2.79% | 2.72% |
| Bharti Airtel Ltd. | 2.60% | 4.14% |
| Mahindra & Mahindra Ltd. | 3.11% | 2.04% |
| Bajaj Finance Ltd. | 2.68% | 2.03% |
| ITC Ltd. | 1.92% | 1.96% |
| Tata Consultancy Services Ltd. | 1.60% | 1.62% |
| Sun Pharmaceutical Industries Ltd. | 2.66% | 1.49% |
| Titan Company Ltd. | 2.89% | 1.47% |
| Kotak Mahindra Bank Ltd. | 1.39% | 2.38% |
| Eternal Ltd. | 1.24% | 1.80% |
| NTPC Ltd. | 1.30% | 1.19% |
| Ultratech Cement Ltd. | 1.43% | 1.00% |
| Grasim Industries Ltd. | 0.90% | 0.89% |
| Maruti Suzuki India Ltd. | 0.88% | 1.21% |
| InterGlobe Aviation Ltd. | 0.93% | 0.87% |
| Hindustan Unilever Ltd. | 0.78% | 1.29% |
| Tech Mahindra Ltd. | 2.10% | 0.75% |
| Nestle India Ltd. | 0.79% | 0.73% |
| Oil & Natural Gas Corporation Ltd. | 0.92% | 0.68% |
| Apollo Hospitals Enterprise Ltd. | 1.79% | 0.65% |
| Coal India Ltd. | 0.62% | 0.79% |
| Divi's Laboratories Ltd. | 0.58% | 0.91% |
| Samvardhana Motherson International Ltd. | 0.82% | 0.56% |
| Torrent Pharmaceuticals Ltd. | 0.71% | 0.55% |
| Bharat Electronics Ltd. | 0.53% | 1.08% |
| Asian Paints Ltd. | 0.53% | 0.84% |
| Tata Steel Ltd. | 0.53% | 1.18% |
| TVS Motor Company Ltd. | 0.51% | 0.75% |
| Power Grid Corporation of India Ltd. | 0.51% | 0.91% |
| Cummins India Ltd. | 0.52% | 0.50% |
| Cipla Ltd. | 0.48% | 0.59% |
| Avenue Supermarts Ltd. | 0.69% | 0.47% |
| Bharat Petroleum Corporation Ltd. | 0.54% | 0.47% |
| Cholamandalam Investment & Finance Company Ltd. | 0.47% | 0.54% |
| CG Power and Industrial Solutions Ltd. | 0.46% | 0.45% |
| Britannia Industries Ltd. | 0.72% | 0.44% |
| HDFC Life Insurance Company Ltd. | 0.49% | 0.43% |
| Hindalco Industries Ltd. | 0.43% | 1.06% |
| Solar Industries India Ltd. | 1.63% | 0.37% |
| Eicher Motors Ltd. | 0.37% | 0.76% |
| Pidilite Industries Ltd. | 0.80% | 0.35% |
| Hitachi Energy India Ltd. | 0.45% | 0.31% |
| ABB India Ltd. | 0.52% | 0.28% |
| Union Bank of India | 0.33% | 0.25% |
| Zydus Lifesciences Ltd. | 0.55% | 0.22% |
| Siemens Energy India Ltd. | 0.47% | 0.22% |
| LTM Ltd. | 0.20% | 0.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 67.5% means 67.5% 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 Large Cap Fund
| Security | % of fund |
|---|---|
| Milky Mist Dairy Food Ltd. | 1.24% |
| Marico Ltd. | 1.01% |
| Schaeffler India Ltd. | 1.00% |
| Craftsman Automation Ltd. | 0.95% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.92% |
Largest holdings only in Zerodha Nifty 100 ETF
| Security | % of fund |
|---|---|
| Adani Ports and Special Economic Zone Limited | 1.09% |
| Shriram Finance Limited | 1.07% |
| HCL Technologies Limited | 1.00% |
| BSE Ltd | 0.98% |
| JSW Steel Limited | 0.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Large Cap | Zerodha Nifty 100 ETF |
|---|---|---|
| Equity | 98.2% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.8% | 0.1% |
Market cap of stocks
| Market cap | Edelweiss Large Cap | Zerodha Nifty 100 ETF |
|---|---|---|
| Large Cap | 80.6% | 97.9% |
| Mid Cap | 11.6% | 2.0% |
| Small Cap | 1.9% | 0.0% |
| Not on AMFI's list | 4.1% | 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 Large Cap | Zerodha Nifty 100 ETF |
|---|---|---|
| Banks | 22.5% | 25.1% |
| IT - Software | 8.3% | 6.7% |
| Pharmaceuticals & Biotechnology | 7.3% | 4.3% |
| Petroleum Products | 5.9% | 7.0% |
| Automobiles | 4.9% | 6.4% |
| Finance | 3.7% | 6.2% |
| Construction | 4.4% | 3.4% |
| Telecom - Services | 2.6% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Large Cap vs Zerodha Nifty 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Large Cap Fund | Zerodha Nifty 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.97% | 0.28% |
| Base expense ratio (Direct) | 0.60% | 0.22% |
| Total expense ratio (Regular) | 2.42% | Not available |
| Base expense ratio (Regular) | 1.84% | 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 Large Cap Fund vs Zerodha Nifty 100 ETF: Frequently Asked Questions
What is the difference between Edelweiss Large Cap Fund and Zerodha Nifty 100 ETF?
Edelweiss Large Cap Fund is a Large Cap fund, Zerodha Nifty 100 ETF is an ETF fund, run by Edelweiss Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 67.5%. Edelweiss Large Cap Fund charges 0.97% a year and Zerodha Nifty 100 ETF 0.28%.
Which has given higher returns, Edelweiss Large Cap Fund or Zerodha Nifty 100 ETF?
Over 1 year: Edelweiss Large Cap Fund −5.79%, Zerodha Nifty 100 ETF −8.69%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Large Cap Fund or Zerodha Nifty 100 ETF?
Zerodha Nifty 100 ETF charges less: 0.28% a year against 0.97%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Large Cap Fund and Zerodha Nifty 100 ETF overlap?
67.5%. They hold 53 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Large Cap Fund or Zerodha Nifty 100 ETF?
On SEBI's riskometer, Edelweiss Large Cap Fund is rated Very High and Zerodha Nifty 100 ETF Very High. Over 1 years, the standard deviation of daily returns was 13.48% and 14.04% a year.
Can I invest in both Edelweiss Large Cap Fund and Zerodha Nifty 100 ETF?
Yes. 67.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Large Cap Fund and Zerodha Nifty 100 ETF?
Edelweiss Large Cap Fund: Bharat Lahoti, Bhavesh Jain. Zerodha Nifty 100 ETF: 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.