Edelweiss Technology Fund vs HDFC Nifty India Digital Index Fund
Direct Plan, Growth option · Data as on 29-10-2026
Edelweiss Technology Fund is a Thematic fund and HDFC Nifty India Digital Index Fund is an Index fund. In the year to 30-10-2026, Edelweiss Technology Fund (Direct) returned 5.1% and HDFC Nifty India Digital Index Fund (Direct) returned −7.7%. Edelweiss Technology Fund charges 0.78% a year and HDFC Nifty India Digital Index Fund 0.41% (Direct plans). Their portfolios overlap 44.5%: they hold 19 of the same securities.
Edelweiss Technology Fund
Thematic
- 1 year return
- 5.1%
- Expense ratio
- 0.78%
- NAV
- ₹13.44
HDFC Nifty India Digital Index Fund
Index
- 1 year return
- −7.7%
- Expense ratio
- 0.41%
- NAV
- ₹8.69
Which is better, Edelweiss Technology or HDFC Nifty India Digital Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Technology returned more over 1 year: 5.1% against −7.7%.
- HDFC Nifty India Digital Index costs less: 0.41% a year against 0.78% (Direct plans).
- Edelweiss Technology fell less in its worst fall since 11-12-2024: −26.2% against −27.6%.
- Edelweiss Technology holds 26.9% of the fund in foreign stocks; HDFC Nifty India Digital Index 0.0%.
- HDFC Nifty India Digital Index holds more in large companies: 50.8% of the fund in large caps against 34.6%.
- Edelweiss Technology is the larger fund: ₹769 Cr against ₹141 Cr.
- Their portfolios overlap 44.5%: 19 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 Technology Fund | HDFC Nifty India Digital Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | HDFC Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹769 Cr (30-09-2026) | ₹141 Cr (30-09-2026) |
| NAV | ₹13.44 (Direct) | ₹8.69 (Direct) |
| Expense ratio (Direct) | 0.78% | 0.41% |
| Expense ratio (Regular) | 2.37% | 0.88% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Teck TRI | Nifty India Digital TRI |
| Launch date | 05-03-2024 | 11-12-2024 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Mehul Dalmia | Nandita Menezes, Arun Agarwal |
| Exit load | Exit load of 1%, if redeemed within 90 days. | NIL |
Edelweiss Technology vs HDFC Nifty India Digital 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 Technology Fund (Direct) | +6.20% | +4.53% | +13.53% | +5.12% | -- | -- | -- |
| HDFC Nifty India Digital Index Fund (Direct) | +7.22% | +0.04% | +11.09% | −7.65% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Edelweiss Technology vs HDFC Nifty India Digital Index: Year-wise Returns
| Year | Edelweiss TechnologyEdelweiss Technology | HDFC Nifty India Digital IndexHDFC Nifty India Digital Index |
|---|---|---|
| 2026to date | +6.12% | −8.33% |
| 2025 | +1.98% | −2.33% |
Edelweiss Technology vs HDFC Nifty India Digital Index: Rolling Returns
Every holding period of both funds, against BSE TECK TRI, the benchmark of Edelweiss Technology Fund
Rolling returns
Every 1-year holding period, 218 of them, one for each trading day from 11-12-2025 to 29-10-2026: 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 Technology Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE TECK TRI
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 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 Technology | 4.6 | 41.3 | 31.7 | 17.4 | 5.0 | 0.0 | 0.0 | 6.2% | 5.3% | −2.2% | 18.7% | 100% |
| HDFC Nifty India Digital Index | 86.6 | 13.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.6% | −5.7% | −16.8% | 3.8% | 100% |
| BSE TECK TRI | 99.1 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −10.3% | −10.3% | −24.5% | 1.0% | -- |
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 BSE TECK 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 11-12-2024. Past returns do not promise future returns.
Edelweiss Technology vs HDFC Nifty India Digital Index: 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 02-12-2024 to 29-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss TechnologyEdelweiss Technology Fund (Direct) | ₹2,30,000 | ₹2,58,959 | ₹28,959 | 12.5% |
| HDFC Nifty India Digital IndexHDFC Nifty India Digital Index Fund (Direct) | ₹2,30,000 | ₹2,30,946 | ₹946 | 0.4% |
Edelweiss TechnologyEdelweiss Technology Fund (Direct)
HDFC Nifty India Digital IndexHDFC Nifty India Digital Index 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 Technology vs HDFC Nifty India Digital Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Technology Fund (Direct) | HDFC Nifty India Digital Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.12% | −7.65% |
| Standard deviation | 14.24% | 17.85% |
| Sharpe ratio | -0.01 | -0.72 |
| Sortino ratio | -0.01 | -0.98 |
| Maximum drawdown | −17.8% (30-03-2026) | −25.1% (31-03-2026) |
| Beta | 0.61 | 1.00 |
| Alpha | +8.84% | −0.69% |
From daily NAVs, 29-10-2025 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.
| Measure | Edelweiss Technology Fund (Direct) | HDFC Nifty India Digital Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.66% | −7.19% |
| Standard deviation | 14.71% | 18.44% |
| Sharpe ratio | 0.39 | -0.69 |
| Sortino ratio | 0.55 | -0.94 |
| Maximum drawdown | −26.2% (07-04-2025) | −27.6% (31-03-2026) |
| Beta | 0.66 | 1.00 |
| Alpha | +9.83% | −0.62% |
From daily NAVs, 07-03-2024 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 Technology Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE TECK TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Technology Fund (Direct) | −26.2% | 16-12-2024 | 07-04-2025 | 30-07-2026 | 16 months | −0.8% |
| HDFC Nifty India Digital Index Fund (Direct) | −27.6% | 16-12-2024 | 31-03-2026 | Not yet | -- | −14.0% |
| BSE TECK TRI | −31.1% | 13-12-2024 | 01-07-2026 | Not yet | -- | −19.2% |
From daily values since 11-12-2024, 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 Technology Fund (Direct)
HDFC Nifty India Digital Index Fund (Direct)
BSE TECK TRI
Against BSE TECK TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Technology Fund (Direct) | 81% | 49% | 13.72% |
| HDFC Nifty India Digital Index Fund (Direct) | 90% | 86% | 10.51% |
From month-end values since 11-12-2024. 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 Technology vs HDFC Nifty India Digital Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Technology Fund, September 2026; HDFC Nifty India Digital Index Fund, September 2026
Holdings in common
- Overlap
- 44.5%
- Held by both
- 19
- Only in Edelweiss Technology
- 12
- Only in HDFC Nifty India Digital Index
- 31
| Security | % of Edelweiss Technology | % of HDFC Nifty India Digital Index |
|---|---|---|
| Bharti Airtel Ltd. | 8.64% | 7.53% |
| Infosys Ltd. | 6.19% | 7.60% |
| Tech Mahindra Ltd. | 5.61% | 5.72% |
| Coforge Ltd. | 3.63% | 3.60% |
| HCL Technologies Ltd. | 3.59% | 7.48% |
| Eternal Ltd. | 3.50% | 7.31% |
| Persistent Systems Ltd. | 3.67% | 3.39% |
| LTM Ltd. | 3.15% | 2.22% |
| Mphasis Ltd. | 4.52% | 1.69% |
| PB Fintech Ltd. | 1.50% | 3.06% |
| Oracle Financial Services Software Ltd. | 1.43% | 1.50% |
| Tata Consultancy Services Ltd. | 1.35% | 7.53% |
| Sagility Ltd. | 0.99% | 0.58% |
| Inventurus Knowledge Solutions Ltd. | 0.95% | 0.54% |
| Netweb Technologies India Ltd. | 0.76% | 0.53% |
| TBO Tek Ltd. | 0.73% | 0.47% |
| Zensar Technologies Ltd. | 1.08% | 0.28% |
| Birlasoft Ltd. | 0.68% | 0.27% |
| KPIT Technologies Ltd. | 0.25% | 0.49% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.5% means 44.5% 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 Technology Fund
| Security | % of fund |
|---|---|
| Ather Energy Ltd. | 5.97% |
| Firstsource Solutions Ltd. | 1.87% |
| Data Patterns (India) Ltd. | 1.47% |
| Sona BLW Precision Forgings Ltd. | 1.40% |
| JSW Energy Ltd. | 1.33% |
Largest holdings only in HDFC Nifty India Digital Index Fund
| Security | % of fund |
|---|---|
| One 97 Communications Limited | 5.85% |
| INFO EDGE (INDIA) LIMITED | 3.83% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 3.55% |
| Swiggy Limited | 3.04% |
| VODAFONE IDEA LIMITED | 2.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Technology | HDFC Nifty India Digital Index |
|---|---|---|
| Equity | 96.6% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.4% | 2.4% |
Market cap of stocks
| Market cap | Edelweiss Technology | HDFC Nifty India Digital Index |
|---|---|---|
| Large Cap | 34.6% | 50.8% |
| Mid Cap | 18.7% | 35.3% |
| Small Cap | 16.4% | 11.5% |
| Foreign stocks | 26.9% | 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 Technology | HDFC Nifty India Digital Index |
|---|---|---|
| IT - Software | 35.1% | 45.9% |
| Retailing | 3.5% | 21.6% |
| Telecom - Services | 9.3% | 13.2% |
| Financial Technology (Fintech) | 1.5% | 9.7% |
| Computers Hardware & Equipments | 9.2% | 0.0% |
| Software Products | 7.9% | 0.0% |
| Automobiles | 6.0% | 0.0% |
| IT-Hardware | 5.7% | 0.0% |
| IT - Services | 2.7% | 4.2% |
| Leisure Services | 0.7% | 1.8% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Technology vs HDFC Nifty India Digital Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Technology Fund | HDFC Nifty India Digital Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.78% | 0.41% |
| Base expense ratio (Direct) | 0.64% | 0.30% |
| Total expense ratio (Regular) | 2.37% | 0.88% |
| Base expense ratio (Regular) | 2.01% | 0.71% |
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
Edelweiss Technology Fund vs HDFC Nifty India Digital Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Technology Fund and HDFC Nifty India Digital Index Fund?
Edelweiss Technology Fund is a Thematic fund, HDFC Nifty India Digital Index Fund is an Index fund, run by Edelweiss Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 44.5%. Edelweiss Technology Fund charges 0.78% a year and HDFC Nifty India Digital Index Fund 0.41%.
Which has given higher returns, Edelweiss Technology Fund or HDFC Nifty India Digital Index Fund?
Over 1 year: Edelweiss Technology Fund +5.12%, HDFC Nifty India Digital Index Fund −7.65%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Technology Fund or HDFC Nifty India Digital Index Fund?
HDFC Nifty India Digital Index Fund charges less: 0.41% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Technology Fund and HDFC Nifty India Digital Index Fund overlap?
44.5%. They hold 19 of the same securities, the largest shared ones being BHARTIARTL, INFY, TECHM. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Technology Fund or HDFC Nifty India Digital Index Fund?
On SEBI's riskometer, Edelweiss Technology Fund is rated Very High and HDFC Nifty India Digital Index Fund Very High. Over 1 years, the standard deviation of daily returns was 14.24% and 17.85% a year.
Can I invest in both Edelweiss Technology Fund and HDFC Nifty India Digital Index Fund?
Yes. 44.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Technology Fund and HDFC Nifty India Digital Index Fund?
Edelweiss Technology Fund: Mehul Dalmia. HDFC Nifty India Digital Index Fund: Nandita Menezes, Arun Agarwal.
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.