Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Nifty LargeMidcap 250 ETF is an ETF fund and Groww Multi Asset Allocation Fund is a Multi Asset fund. In the year to 30-10-2026, Edelweiss Nifty LargeMidcap 250 ETF returned −7.5% and Groww Multi Asset Allocation Fund (Direct) returned −0.8%. Edelweiss Nifty LargeMidcap 250 ETF charges 1.17% a year and Groww Multi Asset Allocation Fund 1.01%. Their portfolios overlap 47.8%: they hold 62 of the same securities.
Edelweiss Nifty LargeMidcap 250 ETF
ETF
- 1 year return
- −7.5%
- Expense ratio
- 1.17%
- NAV
- ₹15.47
Groww Multi Asset Allocation Fund
Multi Asset
- 1 year return
- −0.8%
- Expense ratio
- 1.01%
- NAV
- ₹10.01
Which is better, Edelweiss Nifty LargeMidcap 250 ETF or Groww Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Multi Asset Allocation returned more over 1 year: −0.8% against −7.5%.
- Groww Multi Asset Allocation costs less: 1.01% a year against 1.17%.
- Groww Multi Asset Allocation fell less in its worst fall since 03-10-2025: −12.4% against −14.6%.
- Groww Multi Asset Allocation is the larger fund: ₹373 Cr against ₹157 Cr.
- Their portfolios overlap 47.8%: 62 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 LargeMidcap 250 ETF | Groww Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Groww Mutual Fund |
| Category | ETF | Multi Asset |
| AUM | ₹157 Cr (30-09-2026) | ₹373 Cr (30-09-2026) |
| NAV | ₹15.47 | ₹10.01 (Direct) |
| Expense ratio (Direct) | Not available | 1.01% |
| Expense ratio (Regular) | Not available | 2.66% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | 60% Nifty 500 TRI + 30% CRISIL Composite Bond Fund Index + 5% Domestic Gold Prices + 5% Domestic Silver Prices |
| Launch date | 03-09-2025 | 30-09-2025 |
| Minimum investment | ₹25,00,00,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar | Paras Matalia, Kaustubh Sule, Nikhil Satam, Wilfred Gonsalves |
| Exit load | NIL | Exit load of 1%, if redeemed within 30 days. |
Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation: 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 LargeMidcap 250 ETF | −1.40% | −7.15% | −3.97% | −7.51% | -- | -- | -- |
| Groww Multi Asset Allocation Fund (Direct) | −0.33% | −2.86% | −1.62% | −0.80% | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation: Year-wise Returns
| Year | Edelweiss Nifty LargeMidcap 250 ETFEdelweiss Nifty LargeMidcap 250 ETF | Groww Multi Asset AllocationGroww Multi Asset Allocation |
|---|---|---|
| 2026to date | −7.95% | −3.73% |
Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of Edelweiss Nifty LargeMidcap 250 ETF
Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation: 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 01-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Nifty LargeMidcap 250 ETFEdelweiss Nifty LargeMidcap 250 ETF | ₹1,30,000 | ₹1,23,902 | −₹6,098 | −8.0% |
| Groww Multi Asset AllocationGroww Multi Asset Allocation Fund (Direct) | ₹1,30,000 | ₹1,27,503 | −₹2,497 | −3.3% |
Edelweiss Nifty LargeMidcap 250 ETFEdelweiss Nifty LargeMidcap 250 ETF
Groww Multi Asset AllocationGroww Multi Asset Allocation 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 LargeMidcap 250 ETF vs Groww Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Nifty LargeMidcap 250 ETF | Groww Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.51% | −0.80% |
| Standard deviation | 14.94% | 12.23% |
| Sharpe ratio | -0.85 | -0.49 |
| Sortino ratio | -1.13 | -0.65 |
| Maximum drawdown | −14.6% (31-03-2026) | −12.4% (23-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −1.04% | -- |
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 LargeMidcap 250 ETF | Groww Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.89% | −0.08% |
| Standard deviation | 14.24% | 11.85% |
| Sharpe ratio | -0.57 | -0.45 |
| Sortino ratio | -0.77 | -0.60 |
| Maximum drawdown | −14.6% (31-03-2026) | −12.4% (23-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −1.10% | -- |
From daily NAVs, 04-09-2025 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.
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 LargeMidcap 250 ETF
Groww Multi Asset Allocation 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 LargeMidcap 250 ETF | −14.6% | 02-01-2026 | 31-03-2026 | Not yet | -- | −9.0% |
| Groww Multi Asset Allocation Fund (Direct) | −12.4% | 29-01-2026 | 23-03-2026 | Not yet | -- | −7.8% |
| NIFTY LargeMidcap 250 TRI | −14.3% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −8.6% |
From daily values since 03-10-2025, 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 LargeMidcap 250 ETF
Groww Multi Asset Allocation Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Nifty LargeMidcap 250 ETF | 96% | 102% | 0.06% |
| Groww Multi Asset Allocation Fund (Direct) | 57% | 46% | 8.77% |
From month-end values since 03-10-2025. 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 LargeMidcap 250 ETF vs Groww Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Nifty LargeMidcap 250 ETF, September 2026; Groww Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 62
- Only in Edelweiss Nifty LargeMidcap 250 ETF
- 188
- Only in Groww Multi Asset Allocation
- 18
| Security | % of Edelweiss Nifty LargeMidcap 250 ETF | % of Groww Multi Asset Allocation |
|---|---|---|
| HDFC Bank Ltd. | 4.21% | 3.95% |
| ICICI Bank Ltd. | 3.67% | 3.81% |
| Reliance Industries Ltd. | 3.07% | 2.91% |
| Bharti Airtel Ltd. | 2.07% | 1.99% |
| Larsen & Toubro Ltd. | 1.71% | 1.84% |
| State Bank of India | 1.54% | 1.61% |
| Axis Bank Ltd. | 1.37% | 1.32% |
| Kotak Mahindra Bank Ltd. | 1.19% | 1.62% |
| Infosys Ltd. | 1.36% | 1.05% |
| Mahindra & Mahindra Ltd. | 1.02% | 2.86% |
| Bajaj Finance Ltd. | 1.01% | 1.96% |
| Multi Commodity Exchange Of India Ltd. | 1.03% | 0.99% |
| ITC Ltd. | 0.98% | 1.09% |
| The Federal Bank Ltd. | 0.96% | 1.32% |
| Laurus Labs Ltd. | 0.95% | 1.30% |
| Eternal Ltd. | 0.90% | 0.91% |
| One 97 Communications Ltd. | 0.89% | 0.99% |
| Hero MotoCorp Ltd. | 0.83% | 0.81% |
| The Indian Hotels Company Ltd. | 0.78% | 0.76% |
| Sun Pharmaceutical Industries Ltd. | 0.75% | 0.74% |
| IndusInd Bank Ltd. | 0.73% | 0.85% |
| Titan Company Ltd. | 0.73% | 0.95% |
| AU Small Finance Bank Ltd. | 0.72% | 0.78% |
| IDFC First Bank Ltd. | 0.66% | 0.68% |
| Bharat Forge Ltd. | 0.66% | 1.05% |
| Tata Steel Ltd. | 0.59% | 0.82% |
| Info Edge (India) Ltd. | 0.58% | 0.63% |
| Aurobindo Pharma Ltd. | 0.57% | 1.03% |
| Adani Ports & Special Economic Zone Ltd. | 0.55% | 1.31% |
| Ashok Leyland Ltd. | 0.54% | 1.18% |
| FSN E-Commerce Ventures Ltd. | 0.54% | 0.83% |
| Hindalco Industries Ltd. | 0.53% | 0.89% |
| Tata Consultancy Services Ltd. | 0.81% | 0.52% |
| NTPC Ltd. | 0.59% | 0.52% |
| Ultratech Cement Ltd. | 0.50% | 0.65% |
| Coforge Ltd. | 0.75% | 0.50% |
| Maruti Suzuki India Ltd. | 0.60% | 0.50% |
| Persistent Systems Ltd. | 0.70% | 0.49% |
| BSE Ltd. | 0.50% | 0.49% |
| Fortis Healthcare Ltd. | 0.49% | 0.54% |
| Suzlon Energy Ltd. | 0.59% | 0.49% |
| JSW Steel Ltd. | 0.47% | 0.89% |
| Bajaj Auto Ltd. | 0.46% | 0.78% |
| Grasim Industries Ltd. | 0.45% | 0.85% |
| Yes Bank Ltd. | 0.45% | 1.28% |
| The Phoenix Mills Ltd. | 0.44% | 0.54% |
| InterGlobe Aviation Ltd. | 0.44% | 0.88% |
| Radico Khaitan Ltd. | 0.42% | 0.72% |
| Lupin Ltd. | 0.61% | 0.40% |
| Adani Enterprises Ltd. | 0.38% | 1.31% |
| TVS Motor Company Ltd. | 0.37% | 0.77% |
| NMDC Ltd. | 0.32% | 0.56% |
| Cipla Ltd. | 0.29% | 0.55% |
| Dr. Reddy's Laboratories Ltd. | 0.29% | 0.70% |
| Max Healthcare Institute Ltd. | 0.27% | 0.75% |
| Indus Towers Ltd. | 0.59% | 0.25% |
| Tata Consumer Products Ltd. | 0.24% | 0.77% |
| Power Finance Corporation Ltd. | 0.18% | 0.52% |
| Vedanta Ltd. | 0.18% | 0.91% |
| Hindustan Unilever Ltd. | 0.65% | 0.15% |
| Punjab National Bank | 0.15% | 0.07% |
| SBI Life Insurance Company Ltd. | 0.30% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% 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 LargeMidcap 250 ETF
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 0.74% |
| Dixon Technologies (India) Ltd. | 0.67% |
| GE Vernova T&D India Limited | 0.64% |
| Life Insurance Corporation of India | 0.62% |
| Lenskart Solutions Ltd. | 0.61% |
Largest holdings only in Groww Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| GROWW Gold ETF | 13.64% |
| SIDBI 16-DEC-2026 | 3.97% |
| Kotak Mahindra Bank Limited 18-DEC-2026 | 3.18% |
| NIPPON INDIA MUTUALFUND | 1.24% |
| Navin Fluorine International Limited | 0.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Nifty LargeMidcap 250 ETF | Groww Multi Asset Allocation |
|---|---|---|
| Equity | 99.4% | 66.2% |
| Debt | 0.0% | 9.9% |
| Cash and others | 0.6% | 23.9% |
Market cap of stocks
| Market cap | Edelweiss Nifty LargeMidcap 250 ETF | Groww Multi Asset Allocation |
|---|---|---|
| Large Cap | 51.9% | 43.0% |
| Mid Cap | 46.2% | 20.8% |
| Small Cap | 1.3% | 2.4% |
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 LargeMidcap 250 ETF | Groww Multi Asset Allocation |
|---|---|---|
| Banks | 16.9% | 17.3% |
| Pharmaceuticals & Biotechnology | 6.7% | 4.7% |
| Finance | 6.5% | 2.5% |
| Automobiles | 4.0% | 6.3% |
| IT - Software | 5.6% | 2.6% |
| Retailing | 4.3% | 2.4% |
| Petroleum Products | 3.9% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Nifty LargeMidcap 250 ETF | Groww Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.01% |
| Base expense ratio (Direct) | 0.00% | 0.55% |
| Total expense ratio (Regular) | Not available | 2.66% |
| Base expense ratio (Regular) | 0.90% | 2.02% |
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
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Edelweiss Nifty LargeMidcap 250 ETF vs Groww Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Edelweiss Nifty LargeMidcap 250 ETF and Groww Multi Asset Allocation Fund?
Edelweiss Nifty LargeMidcap 250 ETF is an ETF fund, Groww Multi Asset Allocation Fund is a Multi Asset fund, run by Edelweiss Mutual Fund and Groww Mutual Fund. Their portfolios overlap 47.8%. Edelweiss Nifty LargeMidcap 250 ETF charges 1.17% a year and Groww Multi Asset Allocation Fund 1.01%.
Which has given higher returns, Edelweiss Nifty LargeMidcap 250 ETF or Groww Multi Asset Allocation Fund?
Over 1 year: Edelweiss Nifty LargeMidcap 250 ETF −7.51%, Groww Multi Asset Allocation Fund −0.80%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Nifty LargeMidcap 250 ETF or Groww Multi Asset Allocation Fund?
Groww Multi Asset Allocation Fund charges less: 1.01% a year against 1.17%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Nifty LargeMidcap 250 ETF and Groww Multi Asset Allocation Fund overlap?
47.8%. They hold 62 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Nifty LargeMidcap 250 ETF or Groww Multi Asset Allocation Fund?
On SEBI's riskometer, Edelweiss Nifty LargeMidcap 250 ETF is rated Very High and Groww Multi Asset Allocation Fund Very High. Over 1 years, the standard deviation of daily returns was 14.94% and 12.23% a year.
Can I invest in both Edelweiss Nifty LargeMidcap 250 ETF and Groww Multi Asset Allocation Fund?
Yes. 47.8% 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 LargeMidcap 250 ETF and Groww Multi Asset Allocation Fund?
Edelweiss Nifty LargeMidcap 250 ETF: Bhavesh Jain, Manasi Jalgaonkar. Groww Multi Asset Allocation Fund: Paras Matalia, Kaustubh Sule, Nikhil Satam, Wilfred Gonsalves.
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.