Edelweiss Multi Cap Fund vs Edelweiss Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Multi Cap Fund is a Multi Cap fund and Edelweiss Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, Edelweiss Multi Cap Fund (Direct) returned 15.3% a year and Edelweiss Small Cap Fund (Direct) returned 13.2% a year. Edelweiss Multi Cap Fund charges 0.68% a year and Edelweiss Small Cap Fund 0.64% (Direct plans). Their portfolios overlap 34.6%: they hold 36 of the same securities.
Edelweiss Multi Cap Fund
Multi Cap
- 3 year return
- 15.3%
- Expense ratio
- 0.68%
- NAV
- ₹15.54
Edelweiss Small Cap Fund
Small Cap
- 3 year return
- 13.2%
- Expense ratio
- 0.64%
- NAV
- ₹49.12
Which is better, Edelweiss Multi Cap or Edelweiss Small 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 Multi Cap returned more over 3 years: 15.3% a year against 13.2%.
- Edelweiss Small Cap returned more over 1 year: −0.5% against −2.0%.
- Edelweiss Small Cap costs less: 0.64% a year against 0.68% (Direct plans).
- Edelweiss Multi Cap swung less over 3 years: a standard deviation of 15.1% a year against 16.2%.
- Edelweiss Multi Cap fell less in its worst fall since 30-10-2023: −20.2% against −22.9%.
- Edelweiss Multi Cap holds more in large companies: 38.4% of the fund in large caps against 5.3%.
- Edelweiss Small Cap is the larger fund: ₹7,000 Cr against ₹3,345 Cr.
- Their portfolios overlap 34.6%: 36 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 Multi Cap Fund | Edelweiss Small Cap Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Edelweiss Mutual Fund |
| Category | Multi Cap | Small Cap |
| AUM | ₹3,345 Cr (30-09-2026) | ₹7,000 Cr (30-09-2026) |
| NAV | ₹15.54 (Direct) | ₹49.12 (Direct) |
| Expense ratio (Direct) | 0.68% | 0.64% |
| Expense ratio (Regular) | 2.08% | 1.96% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Nifty Smallcap 250 TRI |
| Launch date | 25-10-2023 | 07-02-2019 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Sumanta Khan, Raj Koradia, Amit Vora | Trideep Bhattacharya, Raj Koradia |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1%, if redeemed within 90 days. |
Edelweiss Multi Cap vs Edelweiss Small 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 Multi Cap Fund (Direct) | −1.78% | −5.40% | −0.10% | −2.02% | +15.27% | -- | -- |
| Edelweiss Small Cap Fund (Direct) | −5.51% | −5.98% | +0.78% | −0.52% | +13.20% | +14.93% | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | -- |
Category average: the average of the 33 Multi Cap funds and the 36 Small Cap funds, same plan type.
Edelweiss Multi Cap vs Edelweiss Small Cap: Year-wise Returns
| Year | MultiEdelweiss Multi Cap | SmallEdelweiss Small Cap |
|---|---|---|
| 2026to date | −2.32% | +0.45% |
| 2025 | +3.21% | −1.06% |
| 2024 | +29.95% | +26.78% |
| 2023 | -- | +44.34% |
| 2022 | -- | +3.41% |
| 2021 | -- | +70.22% |
Edelweiss Multi Cap vs Edelweiss Small Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Edelweiss Multi 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 Multi Cap Fund (Direct)
Edelweiss Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 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 Multi Cap | 12.4 | 26.4 | 24.8 | 19.3 | 6.1 | 1.2 | 9.8 | 9.7% | 6.6% | −7.3% | 51.3% | 83% |
| Edelweiss Small Cap | 16.9 | 22.0 | 30.1 | 16.5 | 4.7 | 1.0 | 8.9 | 8.3% | 6.2% | −7.6% | 45.4% | 78% |
| Nifty500 Multicap 50:25:25 TRI | 19.9 | 33.1 | 29.1 | 6.9 | 2.6 | 2.0 | 6.3 | 6.2% | 4.7% | −7.6% | 39.7% | -- |
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 Nifty500 Multicap 50:25:25 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 Multi Cap vs Edelweiss Small 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 30-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Multi CapEdelweiss Multi Cap Fund (Direct) | ₹3,70,000 | ₹4,02,815 | ₹32,815 | 5.5% |
| Edelweiss Small CapEdelweiss Small Cap Fund (Direct) | ₹3,70,000 | ₹4,00,664 | ₹30,664 | 5.1% |
Edelweiss Multi CapEdelweiss Multi Cap Fund (Direct)
Edelweiss Small CapEdelweiss Small 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 Multi Cap vs Edelweiss Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Multi Cap Fund (Direct) | Edelweiss Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.02% | −0.52% |
| Standard deviation | 14.89% | 16.47% |
| Sharpe ratio | -0.49 | -0.35 |
| Sortino ratio | -0.66 | -0.48 |
| Maximum drawdown | −13.1% (23-03-2026) | −14.6% (23-03-2026) |
| Beta | 0.98 | 0.88 |
| Alpha | +3.78% | +1.62% |
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 Multi Cap Fund (Direct) | Edelweiss Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.27% | +13.20% |
| Standard deviation | 15.08% | 16.25% |
| Sharpe ratio | 0.61 | 0.44 |
| Sortino ratio | 0.83 | 0.59 |
| Maximum drawdown | −20.2% (03-03-2025) | −22.9% (03-03-2025) |
| Beta | 0.98 | 0.82 |
| Alpha | +4.10% | +1.98% |
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 Multi Cap Fund (Direct) | Edelweiss Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.26% | +23.02% |
| Standard deviation | 15.08% | 17.23% |
| Sharpe ratio | 0.61 | 1.03 |
| Sortino ratio | 0.83 | 1.38 |
| Maximum drawdown | −20.2% (03-03-2025) | −37.1% (23-03-2020) |
| Beta | 0.98 | 0.84 |
| Alpha | +4.10% | +6.49% |
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.
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 Multi Cap Fund (Direct)
Edelweiss Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Multi Cap Fund (Direct) | −20.2% | 24-09-2024 | 03-03-2025 | 02-07-2026 | 16 months | −8.5% |
| Edelweiss Small Cap Fund (Direct) | −22.9% | 11-12-2024 | 03-03-2025 | 19-06-2026 | 16 months | −10.7% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
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 Multi Cap Fund (Direct)
Edelweiss Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Multi Cap Fund (Direct) | 111% | 96% | 3.53% |
| Edelweiss Small Cap Fund (Direct) | 112% | 107% | 6.16% |
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 Multi Cap vs Edelweiss Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Multi Cap Fund, September 2026; Edelweiss Small Cap Fund, September 2026
Holdings in common
- Overlap
- 34.6%
- Held by both
- 36
- Only in Edelweiss Multi Cap
- 60
- Only in Edelweiss Small Cap
- 59
| Security | % of Edelweiss Multi Cap | % of Edelweiss Small Cap |
|---|---|---|
| Karur Vysya Bank Ltd. | 2.66% | 2.56% |
| Multi Commodity Exchange Of India Ltd. | 2.37% | 2.65% |
| City Union Bank Ltd. | 2.31% | 3.23% |
| Radico Khaitan Ltd. | 2.86% | 1.85% |
| Craftsman Automation Ltd. | 1.73% | 1.67% |
| Navin Fluorine International Ltd. | 2.00% | 1.62% |
| Torrent Pharmaceuticals Ltd. | 1.42% | 1.65% |
| Krishna Inst of Medical Sciences Ltd. | 1.33% | 1.87% |
| The Federal Bank Ltd. | 1.54% | 1.26% |
| Bikaji Foods International Ltd. | 1.30% | 1.25% |
| PNB Housing Finance Ltd. | 1.18% | 2.36% |
| Ather Energy Ltd. | 1.12% | 1.43% |
| K.P.R. Mill Ltd. | 1.18% | 1.04% |
| Indian Bank | 1.02% | 1.52% |
| KEI Industries Ltd. | 0.97% | 1.66% |
| Steel Authority of India Ltd. | 0.93% | 0.85% |
| Sumitomo Chemical India Ltd. | 0.83% | 1.10% |
| Firstsource Solutions Ltd. | 0.77% | 0.84% |
| Ujjivan Small Finance Bank Ltd. | 0.98% | 0.76% |
| Exide Industries Ltd. | 0.75% | 0.78% |
| IPCA Laboratories Ltd. | 0.73% | 1.57% |
| Triveni Turbine Ltd. | 0.73% | 0.97% |
| Fortis Healthcare Ltd. | 0.68% | 1.69% |
| Century Plyboards (India) Ltd. | 0.64% | 1.35% |
| Ajanta Pharma Ltd. | 0.61% | 2.02% |
| CEAT Ltd. | 0.87% | 0.60% |
| TBO Tek Ltd. | 0.55% | 1.14% |
| Bharat Heavy Electricals Ltd. | 0.54% | 0.74% |
| Prestige Estates Projects Ltd. | 0.46% | 0.92% |
| Home First Finance Company India Ltd. | 0.95% | 0.43% |
| KFIN Technologies Ltd. | 0.81% | 0.42% |
| Billionbrains Garage Ventures Ltd. | 0.36% | 1.41% |
| Ingersoll Rand (India) Ltd. | 0.30% | 0.65% |
| SPR Auto Technologies Ltd. | 0.25% | 0.53% |
| Bharat Dynamics Ltd. | 0.23% | 0.37% |
| Netweb Technologies India Ltd. | 0.51% | 0.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.6% means 34.6% 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 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% |
Largest holdings only in Edelweiss Small Cap Fund
| Security | % of fund |
|---|---|
| Gabriel India Ltd. | 2.11% |
| Avalon Technologies Ltd. | 1.98% |
| Engineers India Ltd. | 1.93% |
| UNO Minda Ltd. | 1.73% |
| Inventurus Knowledge Solutions Ltd. | 1.62% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Multi Cap | Edelweiss Small Cap |
|---|---|---|
| Equity | 94.6% | 98.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 5.4% | 1.9% |
Market cap of stocks
| Market cap | Edelweiss Multi Cap | Edelweiss Small Cap |
|---|---|---|
| Large Cap | 38.4% | 5.3% |
| Mid Cap | 26.6% | 21.9% |
| Small Cap | 29.4% | 69.6% |
| Not on AMFI's list | 0.2% | 1.2% |
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 Multi Cap | Edelweiss Small Cap |
|---|---|---|
| Banks | 16.7% | 10.8% |
| Auto Components | 4.4% | 10.2% |
| Pharmaceuticals & Biotechnology | 4.9% | 8.5% |
| Industrial Products | 2.3% | 8.2% |
| Finance | 7.0% | 4.5% |
| Chemicals & Petrochemicals | 3.7% | 6.1% |
| Healthcare Services | 3.6% | 6.1% |
| Capital Markets | 4.3% | 5.5% |
| Automobiles | 4.8% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Multi Cap vs Edelweiss Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Multi Cap Fund | Edelweiss Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.68% | 0.64% |
| Base expense ratio (Direct) | 0.45% | 0.43% |
| Total expense ratio (Regular) | 2.08% | 1.96% |
| Base expense ratio (Regular) | 1.65% | 1.55% |
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 Multi Cap with
Edelweiss Multi Cap Fund vs Edelweiss Small Cap Fund: Frequently Asked Questions
What is the difference between Edelweiss Multi Cap Fund and Edelweiss Small Cap Fund?
Edelweiss Multi Cap Fund is a Multi Cap fund, Edelweiss Small Cap Fund is a Small Cap fund, run by Edelweiss Mutual Fund. Their portfolios overlap 34.6%. Edelweiss Multi Cap Fund charges 0.68% a year and Edelweiss Small Cap Fund 0.64%.
Which has given higher returns, Edelweiss Multi Cap Fund or Edelweiss Small Cap Fund?
Over 1 year: Edelweiss Multi Cap Fund −2.02%, Edelweiss Small Cap Fund −0.52%. Over 3 years: Edelweiss Multi Cap Fund +15.27% a year, Edelweiss Small Cap Fund +13.20% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Multi Cap Fund or Edelweiss Small Cap Fund?
Edelweiss Small Cap Fund charges less: 0.64% a year against 0.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Multi Cap Fund and Edelweiss Small Cap Fund overlap?
34.6%. They hold 36 of the same securities, the largest shared ones being KARURVYSYA, MCX, CUB. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Multi Cap Fund or Edelweiss Small Cap Fund?
On SEBI's riskometer, Edelweiss Multi Cap Fund is rated Very High and Edelweiss Small Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 15.08% and 16.25% a year.
Which is better for SIP, Edelweiss Multi Cap Fund or Edelweiss Small Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 30-10-2023 to 30-10-2026 grew to ₹4,02,815 in Edelweiss Multi Cap Fund (XIRR 5.5% a year) and ₹4,00,664 in Edelweiss Small Cap Fund (XIRR 5.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Multi Cap Fund and Edelweiss Small Cap Fund?
Yes. 34.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Multi Cap Fund and Edelweiss Small Cap Fund?
Edelweiss Multi Cap Fund: Trideep Bhattacharya, Sumanta Khan, Raj Koradia, Amit Vora. Edelweiss Small Cap Fund: Trideep Bhattacharya, Raj Koradia.
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.