Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.
Not enough Other ETFs peers to rank yet
Volatility 15.6% vs 16.1% category avg
0.8% expense vs 0.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- 1-year return (-1.41%) trails the Other ETFs average (+1.32%)
- High expense ratio (0.82%) vs the Other ETFs average of 0.32%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Other ETFs)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -3.91% | -3.93% | +0.02% |
| 3M abs | -5.28% | -3.65% | -1.63% |
| 6M abs | +5.32% | +2.55% | +2.77% |
| 1Y CAGR | -1.41% | +1.32% | -2.73% |
| 3Y CAGR | — | +11.21% | — |
| 5Y CAGR | — | +9.30% | — |
Category average across peers in Other ETFs (up to 69 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 69 peers in Other ETFs
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Edelweiss Nifty Bank ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Bank TRI | Diff | |
|---|---|---|---|---|
| 2026part | -7.10% | -6.82% | -0.28% | |
| 2025 | +17.93% | +18.31% | -0.38% | |
| 2024part | -0.34% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.84%
- Cash & Equivalents0.16%
Fund size over time
Quarterly average AUM · AMFIDown +74% from its peak of ₹12.88Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
AMC Profile
Edelweiss Mutual Fund is the asset management arm of the Edelweiss Group. It absorbed JPMorgan's Indian schemes in 2016, and is known for running most of the industry's overseas feeder funds alongside its domestic equity and debt range.
Fund Managers
BJBhavesh JainStart date not disclosed
Fund Manager & Co-head, Factor Investing
Master’s in management studies (Finance) from the Mumbai University.
Mr. Bhavesh Jain has Not a total work applicable, experience of over 17 as the years in the equity scheme is a market segment. He new has been associated scheme. with the AMC for over 14 years. Currently, he is co-head for hybrid and solution funds and manages various schemes of AMC and is a key person. He was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
- Edelweiss Aggressive Hybrid Fund
- Edelweiss Arbitrage Fund
- Edelweiss ASEAN Equity Off-shore Fund
- Edelweiss Balanced Advantage Fund
- Edelweiss Balanced Advantage Fund
- Edelweiss BSE Capital Markets & Insurance ETF - Growth
- Edelweiss BSE Internet Economy Index Fund
- Edelweiss BSE LargeMid (60:40) Stable Dividend 50 ETF
- Edelweiss BSE Sensex ETF - Growth
- Edelweiss BSE Top 10 Bank ETF
- Edelweiss Business Cycle Fund
- Edelweiss Emerging Markets Opportunities Equity Offshore Fund
- Edelweiss Equity Savings Fund
- Edelweiss Europe Dynamic Equity Offshore Fund
- Edelweiss Gold and Silver ETF FOF
- Edelweiss Greater China Equity Off-shore Fund
- Edelweiss Income Plus Arbitrage Omni Fund of Funds
- Edelweiss Large Cap Fund
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
- Edelweiss Multi Asset Allocation Fund
- Edelweiss Multi Asset Omni Fund of Fund
- Edelweiss Nifty 100 Quality 30 Index Fund
- Edelweiss Nifty 50 ETF - Growth
- Edelweiss Nifty 50 Index Fund
- Edelweiss Nifty Alpha Low Volatility 30 Index Fund
- Edelweiss NIFTY Large Mid Cap 250 Index Fund
- Edelweiss Nifty LargeMidcap 250 ETF - Growth
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Nifty Metal ETF
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund
- Edelweiss Nifty Next 50 ETF
- Edelweiss Nifty Next 50 Index Fund
- Edelweiss Nifty Smallcap 250 Index Fund
- Edelweiss Nifty500 Multicap Momentum Quality 50 ETF - Growth
- Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
- Edelweiss Recently Listed IPO Fund (Formerly known as Edelweiss Maiden Opportunities Fund - Series 1)
- Edelweiss Silver ETF Fund of Fund
- Edelweiss Us Technology Equity Fund of Fund
- Edelweiss US Value Equity Offshore Fund
MJManasi JalgaonkarStart date not disclosed
PGDM in Finance from NMIMS and a Bachelor of Management Studies from S.K. Somaiya College
Ms. Manasi Subhash Jalgaonkar has experience over a decade in asset management, she joined Edelweiss Asset Management Company in April 2022 as Assistant Fund Manager. She works closely with fund managers to deliver investment insights, with responsibilities spanning fund attribution, peer analysis, IPO research support, compliance coordination, index fund rebalancing, and proxy voting. Prior to this, she was associated with ICICI Prudential AMC, PGIM Mutual Fund, and CMC Ltd, where she gained extensive experience in investment operations, compliance, data management, and cross-functional coordination.
- Edelweiss BSE LargeMid (60:40) Stable Dividend 50 ETF
- Edelweiss BSE Top 10 Bank ETF
- Edelweiss Nifty Metal ETF
- Edelweiss Nifty REITs & Realty Index Fund
- Edelweiss BSE Capital Markets & Insurance ETF - Growth
- Edelweiss BSE Internet Economy Index Fund - Direct Plan - Growth
- Edelweiss BSE Sensex ETF - Growth
- Edelweiss Nifty 100 Quality 30 Index Fund - Direct Plan - Growth
- Edelweiss Nifty 50 ETF - Growth
- Edelweiss Nifty 50 Index Fund - Direct Plan - Growth
- Edelweiss Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - Growth
- Edelweiss Nifty LargeMidcap 250 ETF - Growth
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan - Growth
- Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth
- Edelweiss Nifty Smallcap 250 Index Fund - Direct Plan - Growth
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Edelweiss in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Edelweiss Mutual Fund has announced change in the fund manager in its Edelweiss Arbitrage Fund
Value Research · 1d ago
Can markets rally despite weak fundamentals? Radhika Gupta says trust remains crucial
The Economic Times · 7d ago
Nifty REITs & Realty TRI - Benchmark Returns & Mutual Funds
Multibagg AI · 9d ago
Edelweiss Mutual Fund has declared income distribution under its few schemes
Value Research · 12d ago
The Money Question: Don't Ask, Should I Buy An SIF? Edelweiss Mutual Fund's Radhika Gupta Suggests This Strategy
Outlook Money · 13d ago
Passive debt funds double market share in debt MF assets; UTI, Nippon, Edelweiss MF lead the shift
Cafemutual · 21d ago
NFO Alert: Edelweiss Mutual Fund’s Altiva SIF launches equity long-short fund
The Economic Times · 26d ago
Edelweiss MF’s new SIF opens for subscription: What investors should know
CNBC TV18 · 26d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of Edelweiss Nifty Bank ETF?
As of 06 Oct 2026, the NAV of Edelweiss Nifty Bank ETF is ₹55.66 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Edelweiss Nifty Bank ETF delivered?
Edelweiss Nifty Bank ETF has returned -1.41% over 1 year and +4.34% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Edelweiss Nifty Bank ETF?
Edelweiss Nifty Bank ETF charges an expense ratio of 0.82% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Edelweiss Nifty Bank ETF?
Edelweiss Nifty Bank ETF's largest holdings are HDFC Bank Ltd. (17.0%), ICICI Bank Ltd. (14.8%), State Bank of India (10.3%), Kotak Mahindra Bank Ltd. (9.9%) and Axis Bank Ltd. (9.2%). Holdings are disclosed monthly and change over time.
How risky is Edelweiss Nifty Bank ETF?
Edelweiss Nifty Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.6% and its worst peak-to-trough fall in our sample was -18.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Edelweiss Nifty Bank ETF?
Edelweiss Nifty Bank ETF is benchmarked against the Nifty Bank TRI. Its alpha and beta on this page are measured against that index.
Who manages Edelweiss Nifty Bank ETF?
Edelweiss Nifty Bank ETF is managed by Bhavesh Jain and Manasi Jalgaonkar at Edelweiss.
How is Edelweiss Nifty Bank ETF taxed?
Edelweiss Nifty Bank ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.