Edelweiss Mid Cap Fund vs Edelweiss Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Mid Cap Fund is a Mid Cap fund and Edelweiss Multi Cap Fund is a Multi Cap fund. In the 3 years to 30-10-2026, Edelweiss Mid Cap Fund (Direct) returned 19.0% a year and Edelweiss Multi Cap Fund (Direct) returned 15.3% a year. Edelweiss Mid Cap Fund charges 0.68% a year and Edelweiss Multi Cap Fund 0.68% (Direct plans). Their portfolios overlap 43.9%: they hold 60 of the same securities.
Edelweiss Mid Cap Fund
Mid Cap
- 3 year return
- 19.0%
- Expense ratio
- 0.68%
- NAV
- ₹118.96
Edelweiss Multi Cap Fund
Multi Cap
- 3 year return
- 15.3%
- Expense ratio
- 0.68%
- NAV
- ₹15.54
Which is better, Edelweiss Mid Cap or Edelweiss Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Mid Cap returned more over 3 years: 19.0% a year against 15.3%.
- Edelweiss Mid Cap returned more over 1 year: −2.0% against −2.0%.
- Edelweiss Multi Cap swung less over 3 years: a standard deviation of 15.1% a year against 16.5%.
- Edelweiss Mid Cap fell less in its worst fall since 30-10-2023: −20.1% against −20.2%.
- Edelweiss Multi Cap holds more in large companies: 38.4% of the fund in large caps against 16.2%.
- Edelweiss Mid Cap is the larger fund: ₹19,230 Cr against ₹3,345 Cr.
- Their portfolios overlap 43.9%: 60 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 Mid Cap Fund | Edelweiss Multi Cap Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Edelweiss Mutual Fund |
| Category | Mid Cap | Multi Cap |
| AUM | ₹19,230 Cr (30-09-2026) | ₹3,345 Cr (30-09-2026) |
| NAV | ₹118.96 (Direct) | ₹15.54 (Direct) |
| Expense ratio (Direct) | 0.68% | 0.68% |
| Expense ratio (Regular) | 1.87% | 2.08% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 26-12-2007 | 25-10-2023 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia | Trideep Bhattacharya, Sumanta Khan, Raj Koradia, Amit Vora |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1%, if redeemed within 90 days. |
Edelweiss Mid Cap vs Edelweiss Multi 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 Mid Cap Fund (Direct) | −3.25% | −7.07% | −2.02% | −1.99% | +18.99% | +16.32% | -- |
| Edelweiss Multi Cap Fund (Direct) | −1.78% | −5.40% | −0.10% | −2.02% | +15.27% | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
Category average: the average of the 34 Mid Cap funds and the 33 Multi Cap funds, same plan type.
Edelweiss Mid Cap vs Edelweiss Multi Cap: Year-wise Returns
| Year | MidEdelweiss Mid Cap | MultiEdelweiss Multi Cap |
|---|---|---|
| 2026to date | −3.11% | −2.32% |
| 2025 | +5.13% | +3.21% |
| 2024 | +40.82% | +29.95% |
| 2023 | +40.44% | -- |
| 2022 | +3.98% | -- |
| 2021 | +52.45% | -- |
Edelweiss Mid Cap vs Edelweiss Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Edelweiss Mid Cap Fund
Rolling returns
Every 1-year holding period, 492 of them, one for each trading day from 30-10-2024 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 Mid Cap Fund (Direct)
Edelweiss Multi Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Dec 2024Apr 2024
to
Apr 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 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 Mid Cap | 2.6 | 15.0 | 27.6 | 21.7 | 12.8 | 7.9 | 12.2 | 14.3% | 10.7% | −3.7% | 60.0% | 89% |
| Edelweiss Multi Cap | 12.4 | 26.4 | 24.8 | 19.3 | 6.1 | 1.2 | 9.8 | 9.7% | 6.6% | −7.3% | 51.3% | 49% |
| Nifty Midcap 150 TRI | 12.2 | 21.3 | 31.7 | 18.3 | 5.7 | 2.4 | 8.3 | 9.1% | 7.2% | −5.7% | 44.8% | -- |
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 Midcap 150 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 30-10-2023. Past returns do not promise future returns.
Edelweiss Mid Cap vs Edelweiss Multi 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 03-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct) | ₹3,70,000 | ₹4,14,756 | ₹44,756 | 7.4% |
| Edelweiss Multi CapEdelweiss Multi Cap Fund (Direct) | ₹3,70,000 | ₹4,02,815 | ₹32,815 | 5.5% |
Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct)
Edelweiss Multi CapEdelweiss Multi 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 Mid Cap vs Edelweiss Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Mid Cap Fund (Direct) | Edelweiss Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.99% | −2.02% |
| Standard deviation | 15.55% | 14.89% |
| Sharpe ratio | -0.47 | -0.49 |
| Sortino ratio | -0.62 | -0.66 |
| Maximum drawdown | −12.8% (23-03-2026) | −13.1% (23-03-2026) |
| Beta | 0.93 | 0.98 |
| Alpha | +1.66% | +3.78% |
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 Mid Cap Fund (Direct) | Edelweiss Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.99% | +15.27% |
| Standard deviation | 16.54% | 15.08% |
| Sharpe ratio | 0.78 | 0.61 |
| Sortino ratio | 1.06 | 0.83 |
| Maximum drawdown | −20.1% (28-02-2025) | −20.2% (03-03-2025) |
| Beta | 0.95 | 0.98 |
| Alpha | +5.58% | +4.10% |
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 Mid Cap Fund (Direct) | Edelweiss Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.07% | +15.26% |
| Standard deviation | 16.98% | 15.08% |
| Sharpe ratio | 0.81 | 0.61 |
| Sortino ratio | 1.08 | 0.83 |
| Maximum drawdown | −39.2% (23-03-2020) | −20.2% (03-03-2025) |
| Beta | 0.94 | 0.98 |
| Alpha | +2.72% | +4.10% |
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 Mid Cap Fund (Direct)
Edelweiss Multi Cap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | −20.1% | 16-12-2024 | 28-02-2025 | 30-06-2025 | 4 months | −9.8% |
| Edelweiss Multi Cap Fund (Direct) | −20.2% | 24-09-2024 | 03-03-2025 | 02-07-2026 | 16 months | −8.5% |
| Nifty Midcap 150 TRI | −20.9% | 24-09-2024 | 28-02-2025 | 12-11-2025 | 8 months | −10.5% |
From daily values since 30-10-2023, 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 Mid Cap Fund (Direct)
Edelweiss Multi Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | 107% | 88% | 4.22% |
| Edelweiss Multi Cap Fund (Direct) | 93% | 82% | 4.72% |
From month-end values since 30-10-2023. 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 Mid Cap vs Edelweiss Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Mid Cap Fund, September 2026; Edelweiss Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 43.9%
- Held by both
- 60
- Only in Edelweiss Mid Cap
- 45
- Only in Edelweiss Multi Cap
- 36
| Security | % of Edelweiss Mid Cap | % of Edelweiss Multi Cap |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 2.70% | 2.37% |
| City Union Bank Ltd. | 2.02% | 2.31% |
| Radico Khaitan Ltd. | 1.72% | 2.86% |
| Solar Industries India Ltd. | 2.09% | 1.69% |
| The Federal Bank Ltd. | 3.06% | 1.54% |
| Karur Vysya Bank Ltd. | 1.32% | 2.66% |
| The Indian Hotels Company Ltd. | 1.53% | 1.21% |
| Coforge Ltd. | 1.98% | 1.17% |
| Ather Energy Ltd. | 1.06% | 1.12% |
| Indian Bank | 1.40% | 1.02% |
| Sundaram Finance Ltd. | 1.00% | 1.02% |
| KEI Industries Ltd. | 1.08% | 0.97% |
| Marico Ltd. | 1.92% | 0.88% |
| Bharat Electronics Ltd. | 0.87% | 0.86% |
| Ashok Leyland Ltd. | 1.48% | 0.85% |
| Creditaccess Grameen Ltd. | 1.35% | 0.85% |
| Steel Authority of India Ltd. | 0.83% | 0.93% |
| TVS Motor Company Ltd. | 1.38% | 0.78% |
| Endurance Technologies Ltd. | 0.86% | 0.76% |
| LG Electronics India Ltd. | 0.93% | 0.74% |
| IPCA Laboratories Ltd. | 1.84% | 0.73% |
| Dixon Technologies (India) Ltd. | 1.37% | 0.73% |
| Cholamandalam Investment & Finance Company Ltd. | 0.83% | 0.73% |
| NMDC Ltd. | 0.73% | 0.90% |
| Torrent Pharmaceuticals Ltd. | 0.72% | 1.42% |
| Max Healthcare Institute Ltd. | 1.16% | 0.71% |
| AU Small Finance Bank Ltd. | 1.52% | 0.69% |
| The Phoenix Mills Ltd. | 1.44% | 0.69% |
| Sumitomo Chemical India Ltd. | 0.69% | 0.83% |
| Exide Industries Ltd. | 0.69% | 0.75% |
| Fortis Healthcare Ltd. | 1.67% | 0.68% |
| Max Financial Services Ltd. | 0.91% | 0.65% |
| L&T Finance Ltd. | 1.32% | 0.62% |
| Ajanta Pharma Ltd. | 1.10% | 0.61% |
| Hindustan Petroleum Corporation Ltd. | 1.02% | 0.60% |
| Craftsman Automation Ltd. | 0.59% | 1.73% |
| HDFC Asset Management Company Ltd. | 0.89% | 0.57% |
| Bharat Heavy Electricals Ltd. | 1.31% | 0.54% |
| FSN E-Commerce Ventures Ltd. | 0.98% | 0.51% |
| TBO Tek Ltd. | 0.51% | 0.55% |
| Bharti Hexacom Ltd. | 0.50% | 0.57% |
| CEAT Ltd. | 0.50% | 0.87% |
| JSW Energy Ltd. | 1.00% | 0.49% |
| PNB Housing Finance Ltd. | 0.49% | 1.18% |
| Persistent Systems Ltd. | 1.99% | 0.47% |
| Prestige Estates Projects Ltd. | 1.17% | 0.46% |
| Bikaji Foods International Ltd. | 0.46% | 1.30% |
| Netweb Technologies India Ltd. | 0.46% | 0.51% |
| Triveni Turbine Ltd. | 0.40% | 0.73% |
| Billionbrains Garage Ventures Ltd. | 0.68% | 0.36% |
| Elecon Engineering Company Ltd. | 0.36% | 0.47% |
| Mankind Pharma Ltd. | 0.90% | 0.35% |
| Firstsource Solutions Ltd. | 0.35% | 0.77% |
| Navin Fluorine International Ltd. | 0.29% | 2.00% |
| CG Power and Industrial Solutions Ltd. | 0.25% | 0.92% |
| SPR Auto Technologies Ltd. | 0.25% | 0.25% |
| Bharat Dynamics Ltd. | 0.35% | 0.23% |
| Indus Towers Ltd. | 1.56% | 0.22% |
| Lupin Ltd. | 0.80% | 0.21% |
| Pine Labs Ltd. | 0.55% | 0.16% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.9% means 43.9% 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 Mid Cap Fund
| Security | % of fund |
|---|---|
| BSE Ltd. | 1.92% |
| IDFC First Bank Ltd. | 1.68% |
| Bharat Forge Ltd. | 1.63% |
| APL Apollo Tubes Ltd. | 1.51% |
| UNO Minda Ltd. | 1.38% |
Largest holdings only in Edelweiss Multi Cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 3.90% |
| Larsen & Toubro Ltd. | 2.95% |
| Reliance Industries Ltd. | 2.34% |
| HDFC Bank Ltd. | 2.32% |
| NTPC Ltd. | 2.10% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Mid Cap | Edelweiss Multi Cap |
|---|---|---|
| Equity | 97.1% | 94.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.9% | 5.4% |
Market cap of stocks
| Market cap | Edelweiss Mid Cap | Edelweiss Multi Cap |
|---|---|---|
| Large Cap | 16.2% | 38.4% |
| Mid Cap | 65.7% | 26.6% |
| Small Cap | 14.9% | 29.4% |
| Not on AMFI's list | 0.3% | 0.2% |
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 Mid Cap | Edelweiss Multi Cap |
|---|---|---|
| Banks | 11.0% | 16.7% |
| Capital Markets | 7.8% | 4.3% |
| Auto Components | 7.7% | 4.4% |
| Finance | 5.0% | 7.0% |
| Pharmaceuticals & Biotechnology | 6.0% | 4.9% |
| Retailing | 5.2% | 2.2% |
| Industrial Products | 5.2% | 2.3% |
| Automobiles | 2.9% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Mid Cap vs Edelweiss Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Mid Cap Fund | Edelweiss Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | 0.68% |
| Base expense ratio (Direct) | 0.41% | 0.45% |
| Total expense ratio (Regular) | 1.87% | 2.08% |
| Base expense ratio (Regular) | 1.42% | 1.65% |
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 Mid Cap with
Edelweiss Mid Cap Fund vs Edelweiss Multi Cap Fund: Frequently Asked Questions
What is the difference between Edelweiss Mid Cap Fund and Edelweiss Multi Cap Fund?
Edelweiss Mid Cap Fund is a Mid Cap fund, Edelweiss Multi Cap Fund is a Multi Cap fund, run by Edelweiss Mutual Fund. Their portfolios overlap 43.9%. Edelweiss Mid Cap Fund charges 0.68% a year and Edelweiss Multi Cap Fund 0.68%.
Which has given higher returns, Edelweiss Mid Cap Fund or Edelweiss Multi Cap Fund?
Over 1 year: Edelweiss Mid Cap Fund −1.99%, Edelweiss Multi Cap Fund −2.02%. Over 3 years: Edelweiss Mid Cap Fund +18.99% a year, Edelweiss Multi Cap Fund +15.27% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Mid Cap Fund or Edelweiss Multi Cap Fund?
Both charge 0.68% a year.
How much do Edelweiss Mid Cap Fund and Edelweiss Multi Cap Fund overlap?
43.9%. They hold 60 of the same securities, the largest shared ones being MCX, CUB, RADICO. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Mid Cap Fund or Edelweiss Multi Cap Fund?
On SEBI's riskometer, Edelweiss Mid Cap Fund is rated Very High and Edelweiss Multi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.54% and 15.08% a year.
Which is better for SIP, Edelweiss Mid Cap Fund or Edelweiss Multi Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,14,756 in Edelweiss Mid Cap Fund (XIRR 7.4% a year) and ₹4,02,815 in Edelweiss Multi Cap Fund (XIRR 5.5% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Mid Cap Fund and Edelweiss Multi Cap Fund?
Yes. 43.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Mid Cap Fund and Edelweiss Multi Cap Fund?
Edelweiss Mid Cap Fund: Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia. Edelweiss Multi Cap Fund: Trideep Bhattacharya, Sumanta Khan, Raj Koradia, Amit Vora.
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.