Axis Multicap Fund vs Edelweiss Multi Cap Fund
Axis Multicap Fund (Direct) and Edelweiss Multi Cap Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Multi Cap Fund schemes — see the best multi cap mutual funds for the full ranking.
Head to head
NAVs as of 19 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 30 Oct 2023 – 19 Oct 2026, limited by Edelweiss Multi Cap Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Axis Multicap Fund | Edelweiss Multi Cap Fund | Nifty 500 TRI |
|---|---|---|---|
| 30 Oct 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 28 Jan 2024 | ₹117.12 | ₹118.74 | ₹115.59 |
| 28 Apr 2024 | ₹126.77 | ₹128.64 | ₹124.55 |
| 27 Jul 2024 | ₹147.30 | ₹147.87 | ₹139.58 |
| 26 Oct 2024 | ₹148.46 | ₹149.87 | ₹135.18 |
| 24 Jan 2025 | ₹143.56 | ₹140.87 | ₹128.45 |
| 25 Apr 2025 | ₹142.56 | ₹141.50 | ₹132.05 |
| 24 Jul 2025 | ₹156.19 | ₹153.02 | ₹141.21 |
| 22 Oct 2025 | ₹160.27 | ₹155.52 | ₹144.41 |
| 21 Jan 2026 | ₹150.54 | ₹150.94 | ₹139.20 |
| 21 Apr 2026 | ₹156.53 | ₹154.99 | ₹140.87 |
| 21 Jul 2026 | ₹166.75 | ₹161.81 | ₹143.15 |
| 19 Oct 2026 | ₹166.83 | ₹155.43 | ₹135.46 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 60 stocks only in Axis Multicap Fund
- 48 stocks in both — 43.0% of each portfolio by weight
- 48 stocks only in Edelweiss Multi Cap Fund
The more the circles overlap, the more the funds hold the same stocks.
Axis Multicap Fund and Edelweiss Multi Cap Fund share 43% of their equity book by weight.
Shared holdings — Axis Multicap Fund vs Edelweiss Multi Cap Fund
| Stock | Axis Multicap Fund | Edelweiss Multi Cap Fund | |
|---|---|---|---|
| ICICI Bank Limited | 3.41% | 4.19% | 3.41% |
| HDFC Bank Limited | 2.85% | 2.27% | 2.27% |
| Multi Commodity Exchange of India Limited | 2.06% | 2.39% | 2.06% |
| Craftsman Automation Limited | 1.64% | 1.82% | 1.64% |
| Torrent Pharmaceuticals Limited | 1.51% | 1.46% | 1.46% |
| Mahindra & Mahindra Limited | 1.44% | 1.58% | 1.44% |
| Larsen & Toubro Limited | 1.43% | 3.10% | 1.43% |
| Ather Energy Limited | 1.87% | 1.33% | 1.33% |
| Radico Khaitan Limited | 1.28% | 2.87% | 1.28% |
| State Bank of India | 1.26% | 1.71% | 1.26% |
| Solar Industries India Limited | 1.21% | 1.68% | 1.21% |
| Divi's Laboratories Limited | 1.17% | 1.55% | 1.17% |
| Reliance Industries Limited | 1.16% | 2.46% | 1.16% |
| Karur Vysya Bank Limited | 1.12% | 2.78% | 1.12% |
| PNB Housing Finance Limited | 1.02% | 1.18% | 1.02% |
33 more stocks in common. 48 shared of 108 / 96 positions. Weights are shown as a share of each fund's equity book.
| Metric | Axis · Direct NAV ₹20.07 Very High risk ★★★★★ | Edelweiss · Direct NAV ₹15.77 Very High risk ★★★★☆ | Category median Multi Cap Fund · 33 funds |
|---|---|---|---|
| +4.46%Best in row | +0.52% | +1.00% | |
| +17.66%Best in row | +16.01% | +12.85% | |
| +15.52% | +16.01% | +14.20% | |
| +22.58% | — | +17.90% | |
| Risk | |||
| 14.98%Best in row | 15.22% | 14.97% | |
| 0.74Best in row | 0.63 | 0.43 | |
| 1.01Best in row | 0.85 | 0.58 | |
| -18.08% | -20.19% | -19.95% | |
| +8.18%Best in row | +4.81% | +3.74% | |
| 0.98 | 1.06 | 1.00 | |
| 123.9%Best in row | 119.2% | 109.9% | |
| 88.1%Best in row | 100.6% | 95.2% | |
| 0.92% | 0.68%Best in row | 0.96% | |
| ₹11,430Cr | ₹3,444Cr | ₹3,532Cr | |
| 57% | 45% | 63% | |
| Shreyash Devalkar | Raj Koradia · 2.2y | — | |
| 17 Dec 2021 | 25 Oct 2023 | — | |
| 108 | 96 | — | |
| 22.9% | 25.5% | — | |
| 4.6% | 3.6% | — | |
10 rows carry the same value for every fund — show
- 5Y return (CAGR)
- —
- 10Y return (CAGR)
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- 5Y SIP XIRR
- —
- 5Y rolling avg
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty 500 TRI
- Exit load
- Up to 1.00%
- Lock-in
- None
- Min SIP
- ₹100
- Min lumpsum
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Multicap Fund or Edelweiss Multi Cap Fund?
Over the last 3 years, Axis Multicap Fund returned +17.66% CAGR against Edelweiss Multi Cap Fund's +16.01%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Multicap Fund or Edelweiss Multi Cap Fund?
Edelweiss Multi Cap Fund has the lower expense ratio: Axis Multicap Fund charges 0.92% a year against Edelweiss Multi Cap Fund's 0.68%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Multicap Fund or Edelweiss Multi Cap Fund?
Edelweiss Multi Cap Fund has shown higher volatility (+15.22% annualized vs Axis Multicap Fund's +14.98%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Multicap Fund -18.08% vs Edelweiss Multi Cap Fund -20.19%.
Which fund manages more money — Axis Multicap Fund or Edelweiss Multi Cap Fund?
Axis Multicap Fund is the larger fund: Axis Multicap Fund manages ₹11,430Cr against Edelweiss Multi Cap Fund's ₹3,444Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Multicap Fund and Edelweiss Multi Cap Fund in the same category?
Yes — both are Multi Cap Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.