Edelweiss Mid Cap Fund vs Navi Nifty Midcap 150 Index fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Mid Cap Fund is a Mid Cap fund and Navi Nifty Midcap 150 Index fund is an Index fund. In the 3 years to 30-10-2026, Edelweiss Mid Cap Fund (Direct) returned 19.0% a year and Navi Nifty Midcap 150 Index fund (Direct) returned 13.3% a year. Edelweiss Mid Cap Fund charges 0.68% a year and Navi Nifty Midcap 150 Index fund 0.38% (Direct plans). Their portfolios overlap 51.4%: they hold 70 of the same securities.
Edelweiss Mid Cap Fund
Mid Cap
- 3 year return
- 19.0%
- Expense ratio
- 0.68%
- NAV
- ₹118.96
Navi Nifty Midcap 150 Index fund
Index
- 3 year return
- 13.3%
- Expense ratio
- 0.38%
- NAV
- ₹19.93
Which is better, Edelweiss Mid Cap or Navi Nifty Midcap 150 Index fund? 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 13.3%.
- Edelweiss Mid Cap returned more over 1 year: −2.0% against −4.8%.
- Navi Nifty Midcap 150 Index fund costs less: 0.38% a year against 0.68% (Direct plans).
- Edelweiss Mid Cap swung less over 3 years: a standard deviation of 16.5% a year against 17.0%.
- Edelweiss Mid Cap fell less in its worst fall since 11-03-2022: −20.1% against −21.0%.
- Edelweiss Mid Cap holds more in large companies: 16.2% of the fund in large caps against 5.7%.
- Edelweiss Mid Cap is the larger fund: ₹19,230 Cr against ₹381 Cr.
- Their portfolios overlap 51.4%: 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 Mid Cap Fund | Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Navi Mutual Fund |
| Category | Mid Cap | Index |
| AUM | ₹19,230 Cr (30-09-2026) | ₹381 Cr (30-09-2026) |
| NAV | ₹118.96 (Direct) | ₹19.93 (Direct) |
| Expense ratio (Direct) | 0.68% | 0.38% |
| Expense ratio (Regular) | 1.87% | 1.15% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | Nifty Midcap 150 TRI |
| Launch date | 26-12-2007 | 11-03-2022 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia | Ashutosh Shirwaikar |
| Exit load | Exit load of 1%, if redeemed within 90 days. | NIL |
Edelweiss Mid Cap vs Navi Nifty Midcap 150 Index fund: 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% | -- |
| Navi Nifty Midcap 150 Index fund (Direct) | −3.71% | −8.62% | −4.21% | −4.80% | +13.26% | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | -- |
Category average: the average of the 34 Mid Cap funds, same plan type.
Edelweiss Mid Cap vs Navi Nifty Midcap 150 Index fund: Year-wise Returns
| Year | Edelweiss Mid CapEdelweiss Mid Cap | Navi Nifty Midcap 150 Index fundNavi Nifty Midcap 150 Index fund | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −3.11% | −5.34% | −4.97% |
| 2025 | +5.13% | +5.39% | +5.98% |
| 2024 | +40.82% | +23.93% | +24.46% |
| 2023 | +40.44% | +43.75% | +44.61% |
| 2022 | +3.98% | -- | +3.91% |
| 2021 | +52.45% | -- | +48.16% |
Edelweiss Mid Cap vs Navi Nifty Midcap 150 Index fund: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 403 of them, one for each trading day from 11-03-2025 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 Mid Cap Fund (Direct)
Navi Nifty Midcap 150 Index fund (Direct)
Nifty Midcap 150 TRI
to
Apr 2025Aug 2022
to
Aug 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Jun 2023
to
Jun 2026Sept 2023
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 | 0.0 | 0.0 | 0.0 | 0.0 | 6.0 | 30.5 | 63.5 | 25.9% | 26.0% | 18.2% | 34.6% | 100% |
| Navi Nifty Midcap 150 Index fund | 0.0 | 0.0 | 0.0 | 7.7 | 18.9 | 59.3 | 14.1 | 21.7% | 22.1% | 12.1% | 30.7% | 0% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 6.7 | 15.6 | 62.0 | 15.6 | 22.3% | 22.7% | 12.7% | 31.3% | -- |
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 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 11-03-2022. Past returns do not promise future returns.
Edelweiss Mid Cap vs Navi Nifty Midcap 150 Index fund: 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 02-03-2022 to 30-10-2026: 56 instalments, ₹5,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct) | ₹5,60,000 | ₹7,99,176 | ₹2,39,176 | 15.3% |
| Navi Nifty Midcap 150 Index fundNavi Nifty Midcap 150 Index fund (Direct) | ₹5,60,000 | ₹7,28,760 | ₹1,68,760 | 11.3% |
Edelweiss Mid CapEdelweiss Mid Cap Fund (Direct)
Navi Nifty Midcap 150 Index fundNavi Nifty Midcap 150 Index 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 Navi Nifty Midcap 150 Index fund: 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) | Navi Nifty Midcap 150 Index fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.99% | −4.80% |
| Standard deviation | 15.55% | 16.54% |
| Sharpe ratio | -0.47 | -0.61 |
| Sortino ratio | -0.62 | -0.81 |
| Maximum drawdown | −12.8% (23-03-2026) | −14.0% (31-03-2026) |
| Beta | 0.93 | 1.00 |
| Alpha | +1.66% | −0.44% |
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) | Navi Nifty Midcap 150 Index fund (Direct) |
|---|---|---|
| Return (CAGR) | +18.99% | +13.26% |
| Standard deviation | 16.54% | 17.02% |
| Sharpe ratio | 0.78 | 0.43 |
| Sortino ratio | 1.06 | 0.57 |
| Maximum drawdown | −20.1% (28-02-2025) | −21.0% (28-02-2025) |
| Beta | 0.95 | 1.00 |
| Alpha | +5.58% | −0.54% |
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) | Navi Nifty Midcap 150 Index fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.07% | +16.08% |
| Standard deviation | 16.98% | 16.05% |
| Sharpe ratio | 0.81 | 0.63 |
| Sortino ratio | 1.08 | 0.84 |
| Maximum drawdown | −39.2% (23-03-2020) | −21.0% (28-02-2025) |
| Beta | 0.94 | 1.00 |
| Alpha | +2.72% | −0.58% |
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)
Navi Nifty Midcap 150 Index 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% |
| Navi Nifty Midcap 150 Index fund (Direct) | −21.0% | 24-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −10.6% |
| Nifty Midcap 150 TRI | −20.9% | 24-09-2024 | 28-02-2025 | 12-11-2025 | 8 months | −10.5% |
From daily values since 11-03-2022, 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)
Navi Nifty Midcap 150 Index fund (Direct)
Nifty Midcap 150 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 Mid Cap Fund (Direct)
Navi Nifty Midcap 150 Index fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Mid Cap Fund (Direct) | 99% | 86% | 4.06% |
| Navi Nifty Midcap 150 Index fund (Direct) | 99% | 101% | 0.14% |
From month-end values since 11-03-2022. 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 Navi Nifty Midcap 150 Index fund: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Mid Cap Fund, September 2026; Navi Nifty Midcap 150 Index fund, September 2026
Holdings in common
- Overlap
- 51.4%
- Held by both
- 70
- Only in Edelweiss Mid Cap
- 35
- Only in Navi Nifty Midcap 150 Index fund
- 79
| Security | % of Edelweiss Mid Cap | % of Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 2.70% | 2.08% |
| The Federal Bank Ltd. | 3.06% | 1.93% |
| The Indian Hotels Company Ltd. | 1.53% | 1.57% |
| Coforge Ltd. | 1.98% | 1.50% |
| AU Small Finance Bank Ltd. | 1.52% | 1.45% |
| Persistent Systems Ltd. | 1.99% | 1.42% |
| Dixon Technologies (India) Ltd. | 1.37% | 1.35% |
| IDFC First Bank Ltd. | 1.68% | 1.33% |
| Bharat Forge Ltd. | 1.63% | 1.32% |
| Bharat Heavy Electricals Ltd. | 1.31% | 1.49% |
| Indus Towers Ltd. | 1.56% | 1.19% |
| GE Vernova T&D India Limited | 1.12% | 1.28% |
| Ashok Leyland Ltd. | 1.48% | 1.09% |
| Marico Ltd. | 1.92% | 1.03% |
| Info Edge (India) Ltd. | 1.03% | 1.17% |
| Fortis Healthcare Ltd. | 1.67% | 0.99% |
| APL Apollo Tubes Ltd. | 1.51% | 0.98% |
| FSN E-Commerce Ventures Ltd. | 0.98% | 1.08% |
| Max Financial Services Ltd. | 0.91% | 0.90% |
| The Phoenix Mills Ltd. | 1.44% | 0.89% |
| Radico Khaitan Ltd. | 1.72% | 0.84% |
| Hindustan Petroleum Corporation Ltd. | 1.02% | 0.83% |
| Lupin Ltd. | 0.80% | 1.22% |
| JSW Energy Ltd. | 1.00% | 0.75% |
| Sundaram Finance Ltd. | 1.00% | 0.74% |
| Indian Bank | 1.40% | 0.70% |
| Mankind Pharma Ltd. | 0.90% | 0.70% |
| KEI Industries Ltd. | 1.08% | 0.68% |
| Laurus Labs Ltd. | 0.67% | 1.90% |
| IPCA Laboratories Ltd. | 1.84% | 0.66% |
| 360 One Wam Ltd. | 0.66% | 0.67% |
| Steel Authority of India Ltd. | 0.83% | 0.65% |
| NMDC Ltd. | 0.73% | 0.65% |
| Billionbrains Garage Ventures Ltd. | 0.68% | 0.65% |
| Vishal Mega Mart Ltd | 0.65% | 0.70% |
| MRF Ltd. | 0.92% | 0.63% |
| Prestige Estates Projects Ltd. | 1.17% | 0.62% |
| PB Fintech Ltd. | 0.62% | 0.93% |
| Lenskart Solutions Ltd. | 0.59% | 1.24% |
| Jindal Stainless Ltd. | 1.18% | 0.58% |
| Torrent Power Ltd. | 0.82% | 0.58% |
| Swiggy Ltd. | 0.58% | 0.93% |
| Page Industries Ltd. | 0.92% | 0.57% |
| L&T Finance Ltd. | 1.32% | 0.56% |
| UNO Minda Ltd. | 1.38% | 0.53% |
| JK Cement Ltd. | 1.03% | 0.52% |
| Coromandel International Ltd. | 0.56% | 0.52% |
| Oberoi Realty Ltd. | 1.25% | 0.51% |
| Meesho Ltd. | 0.79% | 0.51% |
| Blue Star Ltd. | 0.55% | 0.49% |
| Hero MotoCorp Ltd. | 0.47% | 1.68% |
| Exide Industries Ltd. | 0.69% | 0.46% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.66% | 0.45% |
| SRF Ltd. | 0.45% | 0.89% |
| Jubilant Foodworks Ltd. | 0.73% | 0.44% |
| LG Electronics India Ltd. | 0.93% | 0.43% |
| Ajanta Pharma Ltd. | 1.10% | 0.41% |
| Schaeffler India Ltd. | 0.61% | 0.39% |
| Oil India Ltd. | 0.39% | 0.60% |
| ITC Hotels Ltd. | 0.38% | 0.45% |
| Supreme Industries Ltd. | 0.34% | 0.55% |
| Berger Paints (I) Ltd. | 0.51% | 0.32% |
| Thermax Ltd. | 0.41% | 0.32% |
| Apar Industries Ltd. | 0.32% | 0.80% |
| Astral Ltd. | 0.28% | 0.41% |
| Bharti Hexacom Ltd. | 0.50% | 0.26% |
| Bharat Dynamics Ltd. | 0.35% | 0.25% |
| Endurance Technologies Ltd. | 0.86% | 0.23% |
| NTPC Green Energy Ltd. | 0.33% | 0.21% |
| Cochin Shipyard Ltd. | 0.17% | 0.31% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.4% means 51.4% 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 Mid Cap Fund
| Security | % of fund |
|---|---|
| Solar Industries India Ltd. | 2.09% |
| City Union Bank Ltd. | 2.02% |
| BSE Ltd. | 1.92% |
| TVS Motor Company Ltd. | 1.38% |
| Creditaccess Grameen Ltd. | 1.35% |
Largest holdings only in Navi Nifty Midcap 150 Index fund
| Security | % of fund |
|---|---|
| ONE 97 COMMUNICATIONS LIMITED | 1.78% |
| INDUSIND BANK LIMITED | 1.47% |
| LIFE INSURANCE CORPORATION OF INDIA | 1.24% |
| SUZLON ENERGY LIMITED | 1.19% |
| AUROBINDO PHARMA LIMITED | 1.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Mid Cap | Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Equity | 97.1% | 99.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.9% | 0.8% |
Market cap of stocks
| Market cap | Edelweiss Mid Cap | Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Large Cap | 16.2% | 5.7% |
| Mid Cap | 65.7% | 90.9% |
| Small Cap | 14.9% | 2.5% |
| Not on AMFI's list | 0.3% | 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 Mid Cap | Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Banks | 11.0% | 0.0% |
| PHARMACEUTICALS & BIOTECHNOLOGY | 0.0% | 9.2% |
| BANKS | 0.0% | 8.7% |
| Capital Markets | 7.8% | 0.0% |
| Auto Components | 7.7% | 0.0% |
| FINANCE | 0.0% | 6.8% |
| Pharmaceuticals & Biotechnology | 6.0% | 0.0% |
| ELECTRICAL EQUIPMENT | 0.0% | 6.0% |
| RETAILING | 0.0% | 5.6% |
| Retailing | 5.2% | 0.0% |
| Industrial Products | 5.2% | 0.0% |
| CAPITAL MARKETS | 0.0% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Mid Cap vs Navi Nifty Midcap 150 Index fund: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Mid Cap Fund | Navi Nifty Midcap 150 Index fund |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | 0.38% |
| Base expense ratio (Direct) | 0.41% | 0.25% |
| Total expense ratio (Regular) | 1.87% | 1.15% |
| Base expense ratio (Regular) | 1.42% | 0.90% |
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 Mid Cap Fund vs Navi Nifty Midcap 150 Index fund: Frequently Asked Questions
What is the difference between Edelweiss Mid Cap Fund and Navi Nifty Midcap 150 Index fund?
Edelweiss Mid Cap Fund is a Mid Cap fund, Navi Nifty Midcap 150 Index fund is an Index fund, run by Edelweiss Mutual Fund and Navi Mutual Fund. Their portfolios overlap 51.4%. Edelweiss Mid Cap Fund charges 0.68% a year and Navi Nifty Midcap 150 Index fund 0.38%.
Which has given higher returns, Edelweiss Mid Cap Fund or Navi Nifty Midcap 150 Index fund?
Over 1 year: Edelweiss Mid Cap Fund −1.99%, Navi Nifty Midcap 150 Index fund −4.80%. Over 3 years: Edelweiss Mid Cap Fund +18.99% a year, Navi Nifty Midcap 150 Index fund +13.26% 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 Navi Nifty Midcap 150 Index fund?
Navi Nifty Midcap 150 Index fund charges less: 0.38% a year against 0.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Mid Cap Fund and Navi Nifty Midcap 150 Index fund overlap?
51.4%. They hold 70 of the same securities, the largest shared ones being MCX, FEDERALBNK, INDHOTEL. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Mid Cap Fund or Navi Nifty Midcap 150 Index fund?
On SEBI's riskometer, Edelweiss Mid Cap Fund is rated Very High and Navi Nifty Midcap 150 Index fund Very High. Over 3 years, the standard deviation of daily returns was 16.54% and 17.02% a year.
Which is better for SIP, Edelweiss Mid Cap Fund or Navi Nifty Midcap 150 Index 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 ₹3,88,335 in Navi Nifty Midcap 150 Index fund (XIRR 3.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Mid Cap Fund and Navi Nifty Midcap 150 Index fund?
Yes. 51.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Mid Cap Fund and Navi Nifty Midcap 150 Index fund?
Edelweiss Mid Cap Fund: Trideep Bhattacharya, Dhruv Bhatia, Mehul Dalmia. Navi Nifty Midcap 150 Index fund: Ashutosh Shirwaikar.
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.