Edelweiss NIFTY Large Midcap 250 Index Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss NIFTY Large Midcap 250 Index Fund is an Index fund and Mirae Asset Arbitrage Fund is an Arbitrage fund. In the 3 years to 30-10-2026, Edelweiss NIFTY Large Midcap 250 Index Fund (Direct) returned 11.2% a year and Mirae Asset Arbitrage Fund (Direct) returned 7.3% a year. Edelweiss NIFTY Large Midcap 250 Index Fund charges 0.37% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 52.7%: they hold 174 of the same securities.
Edelweiss NIFTY Large Midcap 250 Index Fund
Index
- 3 year return
- 11.2%
- Expense ratio
- 0.37%
- NAV
- ₹16.25
Mirae Asset Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, Edelweiss NIFTY Large Midcap 250 Index or Mirae Asset Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss NIFTY Large Midcap 250 Index returned more over 3 years: 11.2% a year against 7.3%.
- Mirae Asset Arbitrage returned more over 1 year: 6.7% against −6.8%.
- Edelweiss NIFTY Large Midcap 250 Index costs less: 0.37% a year against 2.48% (Direct plans).
- Mirae Asset Arbitrage swung less over 3 years: a standard deviation of 1.2% a year against 14.8%.
- Mirae Asset Arbitrage fell less in its worst fall since 03-12-2021: −0.4% against −18.9%.
- Edelweiss NIFTY Large Midcap 250 Index holds more in large companies: 51.9% of the fund in large caps against 37.6%.
- Mirae Asset Arbitrage is the larger fund: ₹3,571 Cr against ₹332 Cr.
- Their portfolios overlap 52.7%: 174 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 NIFTY Large Midcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Arbitrage |
| AUM | ₹332 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹16.25 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 0.37% | 2.48% |
| Expense ratio (Regular) | 1.08% | 3.25% |
| Riskometer | Very High | Low |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty 50 Arbitrage Index |
| Launch date | 01-12-2021 | 19-06-2020 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar | Jignesh Rao, Jigar Sethia, Pranavi Kulkarni |
| Exit load | Nil | Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days. |
Edelweiss NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: 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 NIFTY Large Midcap 250 Index Fund (Direct) | −1.34% | −6.96% | −3.56% | −6.79% | +11.15% | -- | -- |
| Mirae Asset Arbitrage Fund (Direct) | +0.62% | +1.57% | +3.33% | +6.73% | +7.35% | +6.82% | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Edelweiss NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: Year-wise Returns
| Year | Edelweiss NIFTY Large Midcap 250 IndexEdelweiss NIFTY Large Midcap 250 Index | Mirae Asset ArbitrageMirae Asset Arbitrage |
|---|---|---|
| 2026to date | −7.38% | +5.52% |
| 2025 | +7.89% | +6.99% |
| 2024 | +18.30% | +8.36% |
| 2023 | +32.04% | +7.82% |
| 2022 | +4.04% | +4.84% |
| 2021 | -- | +4.19% |
Edelweiss NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of Edelweiss NIFTY Large Midcap 250 Index Fund
Rolling returns
Every 3-year holding period, 472 of them, one for each trading day from 03-12-2024 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 NIFTY Large Midcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Jan 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 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 NIFTY Large Midcap 250 Index | 0.0 | 0.0 | 0.6 | 18.9 | 67.4 | 13.1 | 0.0 | 17.3% | 17.6% | 9.7% | 25.0% | 0% |
| Mirae Asset Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.6% | 6.9% | 7.8% | 0% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 0.0 | 16.5 | 66.7 | 16.3 | 0.4 | 17.7% | 18.0% | 10.1% | 25.5% | -- |
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 LargeMidcap 250 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 03-12-2021. Past returns do not promise future returns.
Edelweiss NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: 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 03-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss NIFTY Large Midcap 250 IndexEdelweiss NIFTY Large Midcap 250 Index Fund (Direct) | ₹5,90,000 | ₹7,30,837 | ₹1,40,837 | 8.7% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹5,90,000 | ₹7,04,702 | ₹1,14,702 | 7.2% |
Edelweiss NIFTY Large Midcap 250 IndexEdelweiss NIFTY Large Midcap 250 Index Fund (Direct)
Mirae Asset ArbitrageMirae Asset Arbitrage 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 NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss NIFTY Large Midcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.79% | +6.73% |
| Standard deviation | 14.80% | 1.45% |
| Sharpe ratio | -0.81 | 1.02 |
| Sortino ratio | -1.09 | 1.53 |
| Maximum drawdown | −14.4% (31-03-2026) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.33% | -- |
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 NIFTY Large Midcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.15% | +7.35% |
| Standard deviation | 14.82% | 1.16% |
| Sharpe ratio | 0.35 | 1.14 |
| Sortino ratio | 0.47 | 1.73 |
| Maximum drawdown | −18.9% (28-02-2025) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.37% | -- |
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 NIFTY Large Midcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.56% | +6.25% |
| Standard deviation | 14.70% | 1.03% |
| Sharpe ratio | 0.32 | 0.99 |
| Sortino ratio | 0.43 | 1.49 |
| Maximum drawdown | −18.9% (28-02-2025) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.41% | -- |
From daily NAVs, 03-12-2021 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 NIFTY Large Midcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss NIFTY Large Midcap 250 Index Fund (Direct) | −18.9% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −8.7% |
| Mirae Asset Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | −0.0% |
| NIFTY LargeMidcap 250 TRI | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 03-12-2021, 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 NIFTY Large Midcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 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 NIFTY Large Midcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss NIFTY Large Midcap 250 Index Fund (Direct) | 99% | 101% | 0.13% |
| Mirae Asset Arbitrage Fund (Direct) | 16% | -15% | 15.47% |
From month-end values since 03-12-2021. 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 NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss NIFTY Large Midcap 250 Index Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 52.7%
- Held by both
- 174
- Only in Edelweiss NIFTY Large Midcap 250 Index
- 76
- Only in Mirae Asset Arbitrage
- 22
| Security | % of Edelweiss NIFTY Large Midcap 250 Index | % of Mirae Asset Arbitrage |
|---|---|---|
| Larsen & Toubro Ltd. | 1.70% | 1.78% |
| Infosys Ltd. | 1.36% | 0.90% |
| Reliance Industries Ltd. | 3.07% | 0.83% |
| Tata Consultancy Services Ltd. | 0.81% | 0.84% |
| Multi Commodity Exchange Of India Ltd. | 1.03% | 0.74% |
| ICICI Bank Ltd. | 3.67% | 0.71% |
| State Bank of India | 1.54% | 0.66% |
| Life Insurance Corporation of India | 0.62% | 0.72% |
| Axis Bank Ltd. | 1.37% | 0.60% |
| Maruti Suzuki India Ltd. | 0.60% | 0.74% |
| Info Edge (India) Ltd. | 0.58% | 0.64% |
| Aurobindo Pharma Ltd. | 0.57% | 0.67% |
| Bajaj Finance Ltd. | 1.01% | 0.56% |
| Bharat Forge Ltd. | 0.66% | 0.55% |
| Sun Pharmaceutical Industries Ltd. | 0.75% | 0.55% |
| Mahindra & Mahindra Ltd. | 1.02% | 0.55% |
| Ashok Leyland Ltd. | 0.54% | 0.59% |
| Bharti Airtel Ltd. | 2.07% | 0.54% |
| Titan Company Ltd. | 0.73% | 0.54% |
| The Federal Bank Ltd. | 0.96% | 0.53% |
| Tata Steel Ltd. | 0.59% | 0.52% |
| BSE Ltd. | 0.50% | 0.91% |
| APL Apollo Tubes Ltd. | 0.49% | 0.92% |
| Ultratech Cement Ltd. | 0.50% | 0.49% |
| JSW Steel Ltd. | 0.47% | 0.53% |
| HDFC Bank Ltd. | 4.21% | 0.46% |
| Divi's Laboratories Ltd. | 0.46% | 0.61% |
| IndusInd Bank Ltd. | 0.73% | 0.45% |
| Grasim Industries Ltd. | 0.45% | 0.74% |
| One 97 Communications Ltd. | 0.89% | 0.45% |
| NTPC Ltd. | 0.59% | 0.45% |
| The Phoenix Mills Ltd. | 0.44% | 0.48% |
| InterGlobe Aviation Ltd. | 0.44% | 0.61% |
| SRF Ltd. | 0.44% | 0.53% |
| Laurus Labs Ltd. | 0.95% | 0.44% |
| Hindustan Unilever Ltd. | 0.65% | 0.44% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.46% |
| Asian Paints Ltd. | 0.42% | 0.43% |
| Radico Khaitan Ltd. | 0.42% | 0.58% |
| ITC Ltd. | 0.98% | 0.41% |
| Coforge Ltd. | 0.75% | 0.41% |
| Swiggy Ltd. | 0.46% | 0.40% |
| Marico Ltd. | 0.51% | 0.40% |
| Persistent Systems Ltd. | 0.70% | 0.39% |
| Coal India Ltd. | 0.39% | 0.48% |
| Lupin Ltd. | 0.61% | 0.39% |
| Eicher Motors Ltd. | 0.38% | 0.39% |
| National Aluminium Company Ltd. | 0.38% | 0.43% |
| Hindustan Petroleum Corporation Ltd. | 0.41% | 0.38% |
| JSW Energy Ltd. | 0.37% | 0.43% |
| TVS Motor Company Ltd. | 0.37% | 0.62% |
| Fortis Healthcare Ltd. | 0.49% | 0.36% |
| Adani Enterprises Ltd. | 0.38% | 0.36% |
| Alkem Laboratories Ltd. | 0.38% | 0.36% |
| PB Fintech Ltd. | 0.46% | 0.36% |
| The Indian Hotels Company Ltd. | 0.78% | 0.35% |
| Hindalco Industries Ltd. | 0.53% | 0.34% |
| Mphasis Ltd. | 0.35% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.41% |
| NHPC Ltd. | 0.34% | 0.37% |
| Trent Ltd. | 0.34% | 0.80% |
| Nestle India Ltd. | 0.36% | 0.34% |
| Adani Ports & Special Economic Zone Ltd. | 0.55% | 0.34% |
| Aditya Birla Capital Ltd. | 0.40% | 0.33% |
| Apollo Hospitals Enterprise Ltd. | 0.33% | 0.35% |
| 360 One Wam Ltd. | 0.33% | 0.44% |
| Biocon Ltd. | 0.32% | 0.42% |
| NMDC Ltd. | 0.32% | 0.55% |
| Indus Towers Ltd. | 0.59% | 0.31% |
| Havells India Ltd. | 0.31% | 0.54% |
| Tube Investments Of India Ltd. | 0.31% | 0.38% |
| Vishal Mega Mart Ltd | 0.35% | 0.31% |
| Bajaj Finserv Ltd. | 0.39% | 0.31% |
| SBI Life Insurance Company Ltd. | 0.30% | 0.40% |
| Voltas Ltd. | 0.30% | 0.35% |
| Oil India Ltd. | 0.30% | 0.40% |
| UPL Ltd. | 0.37% | 0.30% |
| AU Small Finance Bank Ltd. | 0.72% | 0.28% |
| Tech Mahindra Ltd. | 0.37% | 0.28% |
| L&T Finance Ltd. | 0.28% | 0.35% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.32% |
| GE Vernova T&D India Limited | 0.64% | 0.28% |
| Jio Financial Services Ltd. | 0.28% | 0.28% |
| Page Industries Ltd. | 0.28% | 0.27% |
| Hero MotoCorp Ltd. | 0.83% | 0.27% |
| Bajaj Auto Ltd. | 0.46% | 0.27% |
| Max Healthcare Institute Ltd. | 0.27% | 0.39% |
| Cholamandalam Investment & Finance Company Ltd. | 0.27% | 0.34% |
| Godrej Properties Ltd. | 0.27% | 0.53% |
| Torrent Pharmaceuticals Ltd. | 0.27% | 0.27% |
| KEI Industries Ltd. | 0.34% | 0.27% |
| Dabur India Ltd. | 0.28% | 0.26% |
| Kalyan Jewellers India Ltd. | 0.26% | 0.75% |
| UNO Minda Ltd. | 0.26% | 0.29% |
| United Spirits Ltd. | 0.50% | 0.26% |
| Eternal Ltd. | 0.90% | 0.26% |
| Oberoi Realty Ltd. | 0.25% | 0.44% |
| Cummins India Ltd. | 0.25% | 0.72% |
| Max Financial Services Ltd. | 0.45% | 0.25% |
| Bharat Petroleum Corporation Ltd. | 0.24% | 0.63% |
| Tata Consumer Products Ltd. | 0.24% | 0.37% |
| Avenue Supermarts Ltd. | 0.24% | 0.32% |
| Adani Power Ltd. | 0.33% | 0.24% |
| CG Power and Industrial Solutions Ltd. | 0.23% | 0.52% |
| Tata Motors Passenger Vehicles Ltd. | 0.23% | 0.30% |
| VARUN BEVERAGES LIMITED | 0.23% | 0.28% |
| FSN E-Commerce Ventures Ltd. | 0.54% | 0.23% |
| Supreme Industries Ltd. | 0.27% | 0.22% |
| Yes Bank Ltd. | 0.45% | 0.22% |
| Nippon Life India Asset Management Ltd. | 0.24% | 0.22% |
| HDFC Life Insurance Company Ltd. | 0.22% | 0.30% |
| IDFC First Bank Ltd. | 0.66% | 0.22% |
| Astral Ltd. | 0.21% | 0.43% |
| SBI Cards & Payment Services Ltd. | 0.21% | 0.28% |
| Suzlon Energy Ltd. | 0.59% | 0.21% |
| Lodha Developers Ltd. | 0.42% | 0.21% |
| LIC Housing Finance Ltd. | 0.20% | 0.73% |
| Indian Oil Corporation Ltd. | 0.20% | 0.28% |
| Bank of Maharashtra | 0.20% | 0.31% |
| Power Grid Corporation of India Ltd. | 0.46% | 0.20% |
| Mankind Pharma Ltd. | 0.35% | 0.19% |
| Bank of India | 0.19% | 0.20% |
| Container Corporation Of India Ltd. | 0.19% | 0.21% |
| Motilal Oswal Financial Services Ltd. | 0.19% | 0.39% |
| HDFC Asset Management Company Ltd. | 0.18% | 0.37% |
| GAIL (India) Ltd. | 0.18% | 0.44% |
| Power Finance Corporation Ltd. | 0.18% | 0.24% |
| Vedanta Ltd. | 0.18% | 0.71% |
| Pidilite Industries Ltd. | 0.18% | 0.71% |
| Tata Power Company Ltd. | 0.23% | 0.18% |
| Hindustan Aeronautics Ltd. | 0.34% | 0.17% |
| Bank of Baroda | 0.17% | 0.39% |
| DLF Ltd. | 0.17% | 0.26% |
| Adani Green Energy Ltd. | 0.17% | 0.38% |
| Adani Energy Solutions Ltd. | 0.17% | 0.37% |
| Bharat Heavy Electricals Ltd. | 0.74% | 0.17% |
| Solar Industries India Ltd. | 0.19% | 0.17% |
| Petronet LNG Ltd. | 0.26% | 0.17% |
| Premier Energies Ltd. | 0.16% | 0.64% |
| Bosch Ltd. | 0.16% | 0.39% |
| Polycab India Ltd. | 0.16% | 0.65% |
| Canara Bank | 0.16% | 0.40% |
| Hitachi Energy India Ltd. | 0.15% | 0.40% |
| Punjab National Bank | 0.15% | 0.34% |
| Patanjali Foods Ltd. | 0.15% | 0.68% |
| Dr. Reddy's Laboratories Ltd. | 0.29% | 0.14% |
| ABB India Ltd. | 0.14% | 0.25% |
| Vodafone Idea Ltd. | 0.14% | 0.43% |
| Colgate Palmolive (India) Ltd. | 0.28% | 0.14% |
| Godrej Consumer Products Ltd. | 0.13% | 0.15% |
| Union Bank of India | 0.13% | 0.25% |
| Bajaj Holdings & Investment Ltd. | 0.18% | 0.11% |
| Zydus Lifesciences Ltd. | 0.11% | 0.21% |
| Hindustan Zinc Ltd. | 0.11% | 0.30% |
| Muthoot Finance Ltd. | 0.11% | 0.45% |
| Bharat Dynamics Ltd. | 0.13% | 0.11% |
| Indian Bank | 0.35% | 0.09% |
| Ambuja Cements Ltd. | 0.09% | 0.25% |
| Godfrey Phillips India Ltd. | 0.09% | 0.11% |
| Wipro Ltd. | 0.17% | 0.09% |
| Shriram Finance Ltd. | 0.53% | 0.07% |
| Kotak Mahindra Bank Ltd. | 1.19% | 0.06% |
| Jubilant Foodworks Ltd. | 0.22% | 0.06% |
| Mazagon Dock Shipbuilders Ltd. | 0.06% | 0.13% |
| Shree Cement Ltd. | 0.37% | 0.05% |
| Cochin Shipyard Ltd. | 0.16% | 0.05% |
| Dixon Technologies (India) Ltd. | 0.67% | 0.05% |
| ICICI Lombard General Insurance Co. Ltd. | 0.48% | 0.04% |
| Siemens Energy India Ltd. | 0.11% | 0.04% |
| GMR Airports Ltd. | 0.41% | 0.04% |
| Hyundai Motor India Ltd. | 0.11% | 0.02% |
| Rail Vikas Nigam Ltd. | 0.14% | 0.01% |
| Jindal Steel Ltd. | 0.16% | 0.01% |
| Britannia Industries Ltd. | 0.22% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 52.7% means 52.7% 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 NIFTY Large Midcap 250 Index Fund
| Security | % of fund |
|---|---|
| Lenskart Solutions Ltd. | 0.61% |
| Bharat Electronics Ltd. | 0.54% |
| HCL Technologies Ltd. | 0.50% |
| REC Ltd. | 0.47% |
| EMBASSY OFFICE PARKS REIT | 0.47% |
Largest holdings only in Mirae Asset Arbitrage Fund
| Security | % of fund |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.89% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.94% |
| Angel One Ltd. | 0.77% |
| Delhivery Ltd. | 0.62% |
| PG Electroplast Ltd. | 0.56% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss NIFTY Large Midcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 99.4% | 73.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.6% | 26.5% |
Market cap of stocks
| Market cap | Edelweiss NIFTY Large Midcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 51.9% | 37.6% |
| Mid Cap | 46.3% | 29.0% |
| Small Cap | 1.3% | 6.8% |
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 NIFTY Large Midcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Banks | 16.9% | 6.7% |
| Pharmaceuticals & Biotechnology | 6.7% | 4.7% |
| Finance | 6.5% | 4.5% |
| IT - Software | 5.6% | 3.5% |
| Capital Markets | 3.0% | 5.1% |
| Retailing | 4.3% | 3.0% |
| Automobiles | 4.0% | 3.7% |
| Consumer Durables | 3.3% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss NIFTY Large Midcap 250 Index vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss NIFTY Large Midcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 2.48% |
| Base expense ratio (Direct) | 0.25% | 0.13% |
| Total expense ratio (Regular) | 1.08% | 3.25% |
| Base expense ratio (Regular) | 0.85% | 0.78% |
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.
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Edelweiss NIFTY Large Midcap 250 Index Fund vs Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between Edelweiss NIFTY Large Midcap 250 Index Fund and Mirae Asset Arbitrage Fund?
Edelweiss NIFTY Large Midcap 250 Index Fund is an Index fund, Mirae Asset Arbitrage Fund is an Arbitrage fund, run by Edelweiss Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 52.7%. Edelweiss NIFTY Large Midcap 250 Index Fund charges 0.37% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, Edelweiss NIFTY Large Midcap 250 Index Fund or Mirae Asset Arbitrage Fund?
Over 1 year: Edelweiss NIFTY Large Midcap 250 Index Fund −6.79%, Mirae Asset Arbitrage Fund +6.73%. Over 3 years: Edelweiss NIFTY Large Midcap 250 Index Fund +11.15% a year, Mirae Asset Arbitrage Fund +7.35% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss NIFTY Large Midcap 250 Index Fund or Mirae Asset Arbitrage Fund?
Edelweiss NIFTY Large Midcap 250 Index Fund charges less: 0.37% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss NIFTY Large Midcap 250 Index Fund and Mirae Asset Arbitrage Fund overlap?
52.7%. They hold 174 of the same securities, the largest shared ones being LT, INFY, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss NIFTY Large Midcap 250 Index Fund or Mirae Asset Arbitrage Fund?
On SEBI's riskometer, Edelweiss NIFTY Large Midcap 250 Index Fund is rated Very High and Mirae Asset Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 14.82% and 1.16% a year.
Which is better for SIP, Edelweiss NIFTY Large Midcap 250 Index Fund or Mirae Asset Arbitrage Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,80,762 in Edelweiss NIFTY Large Midcap 250 Index Fund (XIRR 1.8% a year) and ₹4,12,355 in Mirae Asset Arbitrage Fund (XIRR 7.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss NIFTY Large Midcap 250 Index Fund and Mirae Asset Arbitrage Fund?
Yes. 52.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss NIFTY Large Midcap 250 Index Fund and Mirae Asset Arbitrage Fund?
Edelweiss NIFTY Large Midcap 250 Index Fund: Bhavesh Jain, Manasi Jalgaonkar. Mirae Asset Arbitrage Fund: Jignesh Rao, Jigar Sethia, Pranavi Kulkarni.
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.