Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund vs ICICI Prudential Nifty Healthcare ETF
Direct Plan where a fund has one, Growth option · Data as on 29-10-2026
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund is an Index fund and ICICI Prudential Nifty Healthcare ETF is an ETF fund. In the 3 years to 30-10-2026, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct) returned 21.9% a year and ICICI Prudential Nifty Healthcare ETF returned 21.4% a year. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund charges 0.55% a year and ICICI Prudential Nifty Healthcare ETF 0.18%. Their portfolios overlap 63.3%: they hold 18 of the same securities.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Index
- 3 year return
- 21.9%
- Expense ratio
- 0.55%
- NAV
- ₹24.96
ICICI Prudential Nifty Healthcare ETF
ETF
- 3 year return
- 21.4%
- Expense ratio
- 0.18%
- NAV
- ₹168.84
Which is better, Edelweiss MSCI India Domestic & World Healthcare 45 Index or ICICI Prudential Nifty Healthcare 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 MSCI India Domestic & World Healthcare 45 Index returned more over 5 years: 14.8% a year against 14.4%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index returned more over 3 years: 21.9% a year against 21.4%.
- ICICI Prudential Nifty Healthcare ETF costs less: 0.18% a year against 0.55%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index swung less over 3 years: a standard deviation of 11.5% a year against 14.7%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index fell less in its worst fall since 21-05-2021: −16.3% against −20.6%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index holds 31.3% of the fund in foreign stocks; ICICI Prudential Nifty Healthcare ETF 0.0%.
- ICICI Prudential Nifty Healthcare ETF holds more in large companies: 47.8% of the fund in large caps against 31.5%.
- ICICI Prudential Nifty Healthcare ETF is the larger fund: ₹231 Cr against ₹192 Cr.
- Their portfolios overlap 63.3%: 18 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 MSCI India Domestic & World Healthcare 45 Index Fund | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Index | ETF |
| AUM | ₹192 Cr (30-09-2026) | ₹231 Cr (30-09-2026) |
| NAV | ₹24.96 (Direct) | ₹168.84 |
| Expense ratio (Direct) | 0.55% | Not available |
| Expense ratio (Regular) | 1.10% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | MSCI India Domestic & World Healthcare 45 Index | NIFTY Healthcare TRI |
| Launch date | 26-10-2020 | 18-05-2021 |
| Minimum investment | Not available | During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mul |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar, Amit Vora | Nishit Patel, Ashwini Bharucha, Venus Ahuja |
| Exit load | Nil | Nil |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | +0.39% | +0.72% | +16.41% | +19.24% | +21.85% | +14.80% | -- |
| ICICI Prudential Nifty Healthcare ETF | +1.93% | −1.52% | +10.50% | +11.33% | +21.38% | +14.40% | -- |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare ETF: Year-wise Returns
| Year | Edelweiss MSCI India Domestic & World Healthcare 45 IndexEdelweiss MSCI India Domestic & World Healthcare 45 Index | ICICI Prudential Nifty Healthcare ETFICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| 2026to date | +16.46% | +12.76% |
| 2025 | +5.48% | −1.62% |
| 2024 | +29.57% | +41.13% |
| 2023 | +25.11% | +33.76% |
| 2022 | −4.75% | −10.19% |
| 2021 | +18.78% | -- |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare ETF: Rolling Returns
Every holding period of both funds, against Nifty Healthcare Index TRI, the benchmark of ICICI Prudential Nifty Healthcare ETF
Rolling returns
Every 3-year holding period, 585 of them, one for each trading day from 21-05-2024 to 29-10-2026: 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETF
Nifty Healthcare Index TRI
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 MSCI India Domestic & World Healthcare 45 Index | 0.0 | 0.0 | 0.0 | 11.1 | 65.6 | 23.2 | 0.0 | 18.3% | 18.8% | 12.5% | 23.7% | 4% |
| ICICI Prudential Nifty Healthcare ETF | 0.0 | 0.0 | 0.0 | 7.6 | 32.7 | 54.6 | 5.1 | 20.5% | 21.1% | 12.0% | 27.1% | 1% |
| Nifty Healthcare Index TRI | 0.0 | 0.0 | 0.0 | 7.5 | 32.1 | 54.5 | 5.8 | 20.7% | 21.2% | 12.2% | 27.3% | -- |
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 Healthcare Index 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 21-05-2021. Past returns do not promise future returns.
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare 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 03-05-2021 to 29-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss MSCI India Domestic & World Healthcare 45 IndexEdelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | ₹6,60,000 | ₹10,55,248 | ₹3,95,248 | 17.1% |
| ICICI Prudential Nifty Healthcare ETFICICI Prudential Nifty Healthcare ETF | ₹6,60,000 | ₹10,38,224 | ₹3,78,224 | 16.4% |
Edelweiss MSCI India Domestic & World Healthcare 45 IndexEdelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETFICICI Prudential Nifty Healthcare ETF
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 MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Return (CAGR) | +19.24% | +11.33% |
| Standard deviation | 11.28% | 14.04% |
| Sharpe ratio | 1.24 | 0.43 |
| Sortino ratio | 1.86 | 0.64 |
| Maximum drawdown | −6.6% (06-04-2026) | −9.2% (23-10-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.17% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Return (CAGR) | +21.85% | +21.38% |
| Standard deviation | 11.46% | 14.71% |
| Sharpe ratio | 1.38 | 1.04 |
| Sortino ratio | 1.98 | 1.50 |
| Maximum drawdown | −12.2% (07-04-2025) | −15.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.17% |
From daily NAVs, 27-10-2023 to 29-10-2026. 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Return (CAGR) | +14.80% | +14.40% |
| Standard deviation | 11.49% | 14.86% |
| Sharpe ratio | 0.78 | 0.58 |
| Sortino ratio | 1.13 | 0.84 |
| Maximum drawdown | −16.1% (17-06-2022) | −18.3% (17-06-2022) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.15% |
From daily NAVs, 29-10-2021 to 29-10-2026. 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Return (CAGR) | +16.52% | +13.75% |
| Standard deviation | 11.66% | 14.81% |
| Sharpe ratio | 0.96 | 0.55 |
| Sortino ratio | 1.39 | 0.79 |
| Maximum drawdown | −16.3% (17-06-2022) | −20.6% (17-06-2022) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.16% |
From daily NAVs, 02-11-2020 to 29-10-2026. 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETF
Nifty Healthcare Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | −16.3% | 03-09-2021 | 17-06-2022 | 15-06-2023 | 12 months | −1.0% |
| ICICI Prudential Nifty Healthcare ETF | −20.6% | 03-09-2021 | 17-06-2022 | 20-07-2023 | 13 months | −2.9% |
| Nifty Healthcare Index TRI | −20.6% | 03-09-2021 | 17-06-2022 | 19-07-2023 | 13 months | −2.9% |
From daily values since 21-05-2021, 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETF
Nifty Healthcare Index 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETF
Nifty Healthcare Index 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 MSCI India Domestic & World Healthcare 45 Index Fund (Direct)
ICICI Prudential Nifty Healthcare ETF
Nifty Healthcare Index TRI
Against Nifty Healthcare Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund (Direct) | 84% | 70% | 6.07% |
| ICICI Prudential Nifty Healthcare ETF | 100% | 100% | 0.03% |
From month-end values since 21-05-2021. 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 MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund, September 2026; ICICI Prudential Nifty Healthcare ETF, September 2026
Holdings in common
- Overlap
- 63.3%
- Held by both
- 18
- Only in Edelweiss MSCI India Domestic & World Healthcare 45 Index
- 7
- Only in ICICI Prudential Nifty Healthcare ETF
- 2
| Security | % of Edelweiss MSCI India Domestic & World Healthcare 45 Index | % of ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Sun Pharmaceutical Industries Ltd. | 10.45% | 17.00% |
| Divi's Laboratories Ltd. | 7.09% | 10.44% |
| Apollo Hospitals Enterprise Ltd. | 5.25% | 7.43% |
| Laurus Labs Ltd. | 4.44% | 6.82% |
| Torrent Pharmaceuticals Ltd. | 4.38% | 6.24% |
| Cipla Ltd. | 4.34% | 6.69% |
| Max Healthcare Institute Ltd. | 4.19% | 6.12% |
| Dr. Reddy's Laboratories Ltd. | 3.95% | 6.65% |
| Lupin Ltd. | 2.97% | 4.36% |
| Aurobindo Pharma Ltd. | 2.77% | 4.08% |
| Fortis Healthcare Ltd. | 2.41% | 3.55% |
| Glenmark Pharmaceuticals Ltd. | 2.11% | 3.11% |
| IPCA Laboratories Ltd. | 1.72% | 2.37% |
| Mankind Pharma Ltd. | 1.65% | 2.51% |
| Biocon Ltd. | 1.47% | 2.28% |
| Alkem Laboratories Ltd. | 1.38% | 2.75% |
| Zydus Lifesciences Ltd. | 1.37% | 2.54% |
| Gland Pharma Ltd. | 1.37% | 2.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.3% means 63.3% 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 MSCI India Domestic & World Healthcare 45 Index Fund
| Security | % of fund |
|---|---|
| Aster DM Quality Care Ltd. | 1.04% |
| Ajanta Pharma Ltd. | 1.01% |
| Narayana Hrudayalaya ltd. | 0.70% |
| Global Health Ltd. | 0.70% |
| GlaxoSmithKline Pharmaceuticals Ltd. | 0.67% |
Largest holdings only in ICICI Prudential Nifty Healthcare ETF
| Security | % of fund |
|---|---|
| Krishna Institute of Medical Sciences | 1.76% |
| Abbott India Ltd. | 1.25% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss MSCI India Domestic & World Healthcare 45 Index | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | Edelweiss MSCI India Domestic & World Healthcare 45 Index | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Large Cap | 31.5% | 47.8% |
| Mid Cap | 34.4% | 48.4% |
| Small Cap | 2.7% | 3.8% |
| Foreign stocks | 31.3% | 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 MSCI India Domestic & World Healthcare 45 Index | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 55.2% | 81.1% |
| Healthcare Services | 14.3% | 18.9% |
| Pharmaceuticals | 16.1% | 0.0% |
| Biotechnology | 7.0% | 0.0% |
| Health Care Equipment & Supplies | 5.0% | 0.0% |
| Life Sciences Tools & Services | 2.4% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs ICICI Prudential Nifty Healthcare ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund | ICICI Prudential Nifty Healthcare ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.55% | Not available |
| Base expense ratio (Direct) | 0.43% | 0.00% |
| Total expense ratio (Regular) | 1.10% | Not available |
| Base expense ratio (Regular) | 0.90% | 0.13% |
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.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund vs ICICI Prudential Nifty Healthcare ETF: Frequently Asked Questions
What is the difference between Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and ICICI Prudential Nifty Healthcare ETF?
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund is an Index fund, ICICI Prudential Nifty Healthcare ETF is an ETF fund, run by Edelweiss Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 63.3%. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund charges 0.55% a year and ICICI Prudential Nifty Healthcare ETF 0.18%.
Which has given higher returns, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund or ICICI Prudential Nifty Healthcare ETF?
Over 1 year: Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund +19.24%, ICICI Prudential Nifty Healthcare ETF +11.33%. Over 3 years: Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund +21.85% a year, ICICI Prudential Nifty Healthcare ETF +21.38% a year. Over 5 years: Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund +14.80% a year, ICICI Prudential Nifty Healthcare ETF +14.40% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund or ICICI Prudential Nifty Healthcare ETF?
ICICI Prudential Nifty Healthcare ETF charges less: 0.18% a year against 0.55%. These are the total expense ratios reported to AMFI.
How much do Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and ICICI Prudential Nifty Healthcare ETF overlap?
63.3%. They hold 18 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Which is better for SIP, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund or ICICI Prudential Nifty Healthcare ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹9,55,097 in Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund (XIRR 17.7% a year) and ₹9,41,675 in ICICI Prudential Nifty Healthcare ETF (XIRR 17.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and ICICI Prudential Nifty Healthcare ETF?
Yes. 63.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and ICICI Prudential Nifty Healthcare ETF?
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund: Bhavesh Jain, Manasi Jalgaonkar, Amit Vora. ICICI Prudential Nifty Healthcare ETF: Nishit Patel, Ashwini Bharucha, Venus Ahuja.
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.