Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund vs Mirae Asset Nifty 500 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 Mirae Asset Nifty 500 Healthcare ETF is an ETF fund. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund charges 0.55% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%. Their portfolios overlap 68.3%: they hold 25 of the same securities.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Index
- Expense ratio
- 0.55%
- NAV
- ₹24.96
Mirae Asset Nifty 500 Healthcare ETF
ETF
- Expense ratio
- 0.35%
- NAV
- ₹21.44
Which is better, Edelweiss MSCI India Domestic & World Healthcare 45 Index or Mirae Asset Nifty 500 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.
- Mirae Asset Nifty 500 Healthcare ETF costs less: 0.35% a year against 0.55%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index fell less in its worst fall since 11-02-2026: −6.6% against −9.6%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index holds 31.3% of the fund in foreign stocks; Mirae Asset Nifty 500 Healthcare ETF 0.0%.
- Edelweiss MSCI India Domestic & World Healthcare 45 Index is the larger fund: ₹192 Cr against ₹15 Cr.
- Their portfolios overlap 68.3%: 25 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 | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | ETF |
| AUM | ₹192 Cr (30-09-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹24.96 (Direct) | ₹21.44 |
| Expense ratio (Direct) | 0.55% | Not available |
| Expense ratio (Regular) | 1.10% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Domestic & World Healthcare 45 Index | Nifty500 Healthcare TRI |
| Launch date | 26-10-2020 | Not available |
| Minimum investment | Not available | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar, Amit Vora | Ekta Gala, amp, Ritesh Patel |
| Exit load | Nil | NIL |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 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% | -- |
| Mirae Asset Nifty 500 Healthcare ETF | +1.43% | −0.66% | +12.95% | -- | -- | -- | -- |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 Healthcare ETF: Year-wise Returns
| Year | Edelweiss MSCI India Domestic & World Healthcare 45 IndexEdelweiss MSCI India Domestic & World Healthcare 45 Index | Mirae Asset Nifty 500 Healthcare ETFMirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| 2026to date | +16.46% | -- |
| 2025 | +5.48% | -- |
| 2024 | +29.57% | -- |
| 2023 | +25.11% | -- |
| 2022 | −4.75% | -- |
| 2021 | +18.78% | -- |
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 Healthcare ETF: Rolling Returns
Every holding period of both funds, against Nifty500 Healthcare TRI, the benchmark of Mirae Asset Nifty 500 Healthcare ETF
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 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) | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Return (CAGR) | +16.52% | +23.46% |
| Standard deviation | 11.66% | 14.16% |
| Sharpe ratio | 0.96 | 1.29 |
| Sortino ratio | 1.39 | 1.90 |
| Maximum drawdown | −16.3% (17-06-2022) | −9.6% (23-10-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.22% |
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)
Mirae Asset Nifty 500 Healthcare ETF
Nifty500 Healthcare 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) | −6.6% | 26-02-2026 | 06-04-2026 | 14-05-2026 | 38 days | −1.0% |
| Mirae Asset Nifty 500 Healthcare ETF | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| Nifty500 Healthcare TRI | −9.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −2.9% |
From daily values since 11-02-2026, the first day every fund has.
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 Healthcare ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund, September 2026; Mirae Asset Nifty 500 Healthcare ETF, September 2026
Holdings in common
- Overlap
- 68.3%
- Held by both
- 25
- Only in Edelweiss MSCI India Domestic & World Healthcare 45 Index
- 0
- Only in Mirae Asset Nifty 500 Healthcare ETF
- 19
| Security | % of Edelweiss MSCI India Domestic & World Healthcare 45 Index | % of Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Sun Pharmaceutical Industries Ltd. | 10.45% | 10.13% |
| Divi's Laboratories Ltd. | 7.09% | 8.76% |
| Apollo Hospitals Enterprise Ltd. | 5.25% | 6.24% |
| Laurus Labs Ltd. | 4.44% | 5.72% |
| Torrent Pharmaceuticals Ltd. | 4.38% | 5.24% |
| Cipla Ltd. | 4.34% | 5.62% |
| Max Healthcare Institute Ltd. | 4.19% | 5.13% |
| Dr. Reddy's Laboratories Ltd. | 3.95% | 5.58% |
| Lupin Ltd. | 2.97% | 3.66% |
| Aurobindo Pharma Ltd. | 2.77% | 3.43% |
| Fortis Healthcare Ltd. | 2.41% | 2.98% |
| Glenmark Pharmaceuticals Ltd. | 2.11% | 2.61% |
| IPCA Laboratories Ltd. | 1.72% | 1.98% |
| Mankind Pharma Ltd. | 1.65% | 2.10% |
| Biocon Ltd. | 1.47% | 1.91% |
| Alkem Laboratories Ltd. | 1.38% | 2.31% |
| Zydus Lifesciences Ltd. | 1.37% | 2.14% |
| Gland Pharma Ltd. | 1.37% | 1.71% |
| Aster DM Quality Care Ltd. | 1.04% | 1.38% |
| Ajanta Pharma Ltd. | 1.01% | 1.22% |
| Narayana Hrudayalaya ltd. | 0.70% | 0.92% |
| Global Health Ltd. | 0.70% | 0.90% |
| GlaxoSmithKline Pharmaceuticals Ltd. | 0.67% | 0.85% |
| Wockhardt Ltd. | 0.62% | 1.30% |
| Anthem Biosciences Ltd. | 0.55% | 0.69% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 68.3% means 68.3% 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
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset Nifty 500 Healthcare ETF
| Security | % of fund |
|---|---|
| Sai Life Sciences Ltd. | 1.56% |
| Krishna Institute of Medical Sciences Ltd. | 1.48% |
| Neuland Laboratories Ltd. | 1.36% |
| Acutaas Chemicals Ltd. | 1.26% |
| Dr. Lal Path labs Ltd. | 1.15% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss MSCI India Domestic & World Healthcare 45 Index | Mirae Asset Nifty 500 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 | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Large Cap | 31.5% | 36.0% |
| Mid Cap | 34.4% | 45.6% |
| Small Cap | 2.7% | 18.3% |
| 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 | Mirae Asset Nifty 500 Healthcare ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 55.2% | 77.8% |
| Healthcare Services | 14.3% | 21.7% |
| 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% |
| Healthcare Equipment & Supplies | 0.0% | 0.5% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss MSCI India Domestic & World Healthcare 45 Index vs Mirae Asset Nifty 500 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 | Mirae Asset Nifty 500 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% | 0.16% |
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 Mirae Asset Nifty 500 Healthcare ETF: Frequently Asked Questions
What is the difference between Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and Mirae Asset Nifty 500 Healthcare ETF?
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund is an Index fund, Mirae Asset Nifty 500 Healthcare ETF is an ETF fund, run by Edelweiss Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 68.3%. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund charges 0.55% a year and Mirae Asset Nifty 500 Healthcare ETF 0.35%.
Which has the lower expense ratio, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund or Mirae Asset Nifty 500 Healthcare ETF?
Mirae Asset Nifty 500 Healthcare ETF charges less: 0.35% 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 Mirae Asset Nifty 500 Healthcare ETF overlap?
68.3%. They hold 25 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund or Mirae Asset Nifty 500 Healthcare ETF?
On SEBI's riskometer, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund is rated Very High and Mirae Asset Nifty 500 Healthcare ETF Very High. Over their common history, the standard deviation of daily returns was 11.66% and 14.16% a year.
Can I invest in both Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund and Mirae Asset Nifty 500 Healthcare ETF?
Yes. 68.3% 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 Mirae Asset Nifty 500 Healthcare ETF?
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund: Bhavesh Jain, Manasi Jalgaonkar, Amit Vora. Mirae Asset Nifty 500 Healthcare ETF: Ekta Gala, amp, Ritesh Patel.
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.