Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Nifty Next 50 ETF is an ETF fund and Navi Nifty Next 50 Index Fund is an Index fund. Edelweiss Nifty Next 50 ETF charges 0.51% a year and Navi Nifty Next 50 Index Fund 0.29%. Their portfolios overlap 99.2%: they hold 50 of the same securities.
Which is better, Edelweiss Nifty Next 50 ETF or Navi Nifty Next 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Navi Nifty Next 50 Index costs less: 0.29% a year against 0.51%.
- Edelweiss Nifty Next 50 ETF fell less in its worst fall since 21-05-2026: −11.7% against −11.8%.
- Navi Nifty Next 50 Index is the larger fund: ₹1,275 Cr against ₹8 Cr.
- Their portfolios overlap 99.2%: 50 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 Next 50 ETF | Navi Nifty Next 50 Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Navi Mutual Fund |
| Category | ETF | Index |
| AUM | ₹8 Cr (30-09-2026) | ₹1,275 Cr (30-09-2026) |
| NAV | ₹67.66 | ₹16.17 (Direct) |
| Expense ratio (Direct) | Not available | 0.29% |
| Expense ratio (Regular) | Not available | 1.17% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 50 TRI | Nifty Next 50 TRI |
| Launch date | 21-05-2026 | 19-01-2022 |
| Minimum investment | ₹25,00,00,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain | Ashutosh Shirwaikar |
| Exit load | NIL | NIL |
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: 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 Next 50 ETF | −2.86% | −6.49% | -- | -- | -- | -- | -- |
| Navi Nifty Next 50 Index Fund (Direct) | −2.88% | −6.61% | −2.38% | −2.80% | +16.07% | -- | -- |
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: Year-wise Returns
| Year | Edelweiss Nifty Next 50 ETFEdelweiss Nifty Next 50 ETF | Navi Nifty Next 50 IndexNavi Nifty Next 50 Index |
|---|---|---|
| 2026to date | -- | −1.80% |
| 2025 | -- | +2.47% |
| 2024 | -- | +27.77% |
| 2023 | -- | +26.72% |
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of Edelweiss Nifty Next 50 ETF
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Nifty Next 50 ETF | Navi Nifty Next 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.87% | +10.62% |
| Standard deviation | 14.38% | 17.76% |
| Sharpe ratio | -0.78 | 0.27 |
| Sortino ratio | -1.01 | 0.35 |
| Maximum drawdown | −11.7% (23-10-2026) | −26.3% (28-02-2025) |
| Beta | 0.90 | 1.00 |
| Alpha | −2.79% | −0.36% |
From daily NAVs, 21-05-2026 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 Next 50 ETF
Navi Nifty Next 50 Index Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Nifty Next 50 ETF | −11.7% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.2% |
| Navi Nifty Next 50 Index Fund (Direct) | −11.8% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| Nifty 50 TRI | −10.2% | 03-08-2026 | 08-10-2026 | Not yet | -- | −6.8% |
From daily values since 21-05-2026, the first day every fund has.
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Nifty Next 50 ETF, September 2026; Navi Nifty Next 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.2%
- Held by both
- 50
- Only in Edelweiss Nifty Next 50 ETF
- 0
- Only in Navi Nifty Next 50 Index
- 0
| Security | % of Edelweiss Nifty Next 50 ETF | % of Navi Nifty Next 50 Index |
|---|---|---|
| Divi's Laboratories Ltd. | 4.80% | 4.84% |
| TVS Motor Company Ltd. | 3.92% | 3.95% |
| Hindustan Aeronautics Ltd. | 3.60% | 3.63% |
| Tata Motors Ltd. | 3.59% | 3.62% |
| Adani Power Ltd. | 3.45% | 3.48% |
| Samvardhana Motherson International Ltd. | 2.93% | 2.96% |
| Torrent Pharmaceuticals Ltd. | 2.87% | 2.90% |
| Cholamandalam Investment & Finance Company Ltd. | 2.86% | 2.88% |
| Vedanta Aluminium Metal Ltd. | 2.82% | 2.87% |
| Cummins India Ltd. | 2.61% | 2.64% |
| Avenue Supermarts Ltd. | 2.49% | 2.51% |
| Bharat Petroleum Corporation Ltd. | 2.47% | 2.50% |
| Tata Power Company Ltd. | 2.45% | 2.47% |
| VARUN BEVERAGES LIMITED | 2.40% | 2.42% |
| CG Power and Industrial Solutions Ltd. | 2.38% | 2.40% |
| Britannia Industries Ltd. | 2.31% | 2.33% |
| Indian Oil Corporation Ltd. | 2.05% | 2.07% |
| Solar Industries India Ltd. | 1.95% | 1.97% |
| Power Finance Corporation Ltd. | 1.93% | 1.94% |
| Bajaj Holdings & Investment Ltd. | 1.89% | 1.91% |
| HDFC Asset Management Company Ltd. | 1.89% | 1.91% |
| GAIL (India) Ltd. | 1.87% | 1.89% |
| Pidilite Industries Ltd. | 1.85% | 1.87% |
| Vedanta Ltd. | 1.85% | 1.87% |
| Wipro Ltd. | 1.78% | 1.76% |
| DLF Ltd. | 1.76% | 1.77% |
| Polycab India Ltd. | 1.75% | 1.76% |
| Adani Energy Solutions Ltd. | 1.74% | 1.76% |
| Bank of Baroda | 1.74% | 1.75% |
| Adani Green Energy Ltd. | 1.74% | 1.76% |
| Jindal Steel Ltd. | 1.71% | 1.73% |
| Bosch Ltd. | 1.68% | 1.68% |
| Canara Bank | 1.63% | 1.65% |
| Hitachi Energy India Ltd. | 1.60% | 1.60% |
| Punjab National Bank | 1.58% | 1.60% |
| LTM Ltd. | 1.53% | 1.54% |
| ABB India Ltd. | 1.45% | 1.46% |
| Vodafone Idea Ltd. | 1.43% | 1.46% |
| Godrej Consumer Products Ltd. | 1.39% | 1.40% |
| Union Bank of India | 1.34% | 1.35% |
| Siemens Ltd. | 1.34% | 1.35% |
| Muthoot Finance Ltd. | 1.19% | 1.20% |
| Zydus Lifesciences Ltd. | 1.17% | 1.18% |
| Hyundai Motor India Ltd. | 1.17% | 1.18% |
| Siemens Energy India Ltd. | 1.15% | 1.16% |
| Hindustan Zinc Ltd. | 1.11% | 1.12% |
| Ambuja Cements Ltd. | 0.95% | 0.96% |
| Tata Capital Ltd. | 0.73% | 0.74% |
| Indian Railway Finance Corporation Ltd. | 0.72% | 0.73% |
| Mazagon Dock Shipbuilders Ltd. | 0.65% | 0.66% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.2% means 99.2% 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 Next 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Navi Nifty Next 50 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Nifty Next 50 ETF | Navi Nifty Next 50 Index |
|---|---|---|
| Equity | 99.3% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.7% | -0.1% |
Market cap of stocks
| Market cap | Edelweiss Nifty Next 50 ETF | Navi Nifty Next 50 Index |
|---|---|---|
| Large Cap | 94.6% | 95.5% |
| Mid Cap | 4.7% | 4.7% |
| Small Cap | 0.0% | 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 Nifty Next 50 ETF | Navi Nifty Next 50 Index |
|---|---|---|
| POWER | 0.0% | 9.5% |
| FINANCE | 0.0% | 9.4% |
| Power | 9.4% | 0.0% |
| Finance | 9.3% | 0.0% |
| PHARMACEUTICALS & BIOTECHNOLOGY | 0.0% | 8.9% |
| Pharmaceuticals & Biotechnology | 8.8% | 0.0% |
| ELECTRICAL EQUIPMENT | 0.0% | 8.0% |
| Electrical Equipment | 7.9% | 0.0% |
| BANKS | 0.0% | 6.3% |
| Banks | 6.3% | 0.0% |
| AUTOMOBILES | 0.0% | 5.1% |
| Automobiles | 5.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Nifty Next 50 ETF vs Navi Nifty Next 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Nifty Next 50 ETF | Navi Nifty Next 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.29% |
| Base expense ratio (Direct) | 0.00% | 0.15% |
| Total expense ratio (Regular) | Not available | 1.17% |
| Base expense ratio (Regular) | 0.07% | 0.90% |
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 Nifty Next 50 ETF vs Navi Nifty Next 50 Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Nifty Next 50 ETF and Navi Nifty Next 50 Index Fund?
Edelweiss Nifty Next 50 ETF is an ETF fund, Navi Nifty Next 50 Index Fund is an Index fund, run by Edelweiss Mutual Fund and Navi Mutual Fund. Their portfolios overlap 99.2%. Edelweiss Nifty Next 50 ETF charges 0.51% a year and Navi Nifty Next 50 Index Fund 0.29%.
Which has the lower expense ratio, Edelweiss Nifty Next 50 ETF or Navi Nifty Next 50 Index Fund?
Navi Nifty Next 50 Index Fund charges less: 0.29% a year against 0.51%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Nifty Next 50 ETF and Navi Nifty Next 50 Index Fund overlap?
99.2%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Nifty Next 50 ETF or Navi Nifty Next 50 Index Fund?
On SEBI's riskometer, Edelweiss Nifty Next 50 ETF is rated Very High and Navi Nifty Next 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 14.38% and 17.76% a year.
Can I invest in both Edelweiss Nifty Next 50 ETF and Navi Nifty Next 50 Index Fund?
Yes. 99.2% 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 Next 50 ETF and Navi Nifty Next 50 Index Fund?
Edelweiss Nifty Next 50 ETF: Bhavesh Jain. Navi Nifty Next 50 Index Fund: Ashutosh Shirwaikar.
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.