HealthyDirect · GrowthFit for a long SIP
Edelweiss Equity Savings Fund
Edelweiss Mutual FundHybrid Scheme - Equity Savings9.9 years
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
- NAV
- 30.256
- 29 Oct 2026
- 1Y
- +5.3%
- Trailing CAGR
- AUM
- ₹1,704.44 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 94% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
9.9 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.10% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -9.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
94% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Kedar Karnik · 0.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 76.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 9%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.3%
- 3Y+11.0%
- 5Y+9.3%
- 10Yn/a
- SI+10.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.2%
- 3Y+8.4%
- 5Y+9.9%
- 10Yn/a
- Since inception
- +10.3%
- Calendar-day CAGR
- Excess 1Y
- +4.0%
- Category median, same plan and option
- 3Y win rate
- +94%
- Windows beating the median
- 3Y percentile
- 92
- Vs comparable share classes
- SIP 3Y XIRR
- +8.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.1%
- 1709 daily-ending windows
- Median rolling 3Y
- +10.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1215 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -9.5%
- Worst peak-to-trough
- Current
- -1.5%
- Below last peak
- Current spell
- 65 days
- Days below latest peak
- Time below peak
- +74%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 224 recovered episodes
- Longest recovery
- 140 days
- Trough to prior peak
13 Feb 2020 – 23 Jun 2020
Trough 23 Mar 2020 · recovered in 92 days
-9.5%
17 Jan 2022 – 11 Aug 2022
Trough 20 Jun 2022 · recovered in 52 days
-4.9%
28 Aug 2018 – 12 Mar 2019
Trough 23 Oct 2018 · recovered in 140 days
-4.7%
18 Feb 2026 – 17 Apr 2026
Trough 23 Mar 2026 · recovered in 25 days
-3.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
92
Vs category
75
Consistency
88
Risk-adjusted
69
Drawdown
76
Mean
80
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 94% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 159 holdings · top 10 are 76.7%.
- Top 5
- 59.8%
- Top 10
- 76.7%
- Largest holding
- 39.5%
- Effective holdings
- 5.6
Cash Margin
Unspecified
39.5%
Others CBLO
Unspecified
6.3%
HDFC Bank Ltd
Financial
4.9%
ICICI Bank Ltd
Financial
4.6%
Edelweiss Ultra Short Term Fund Direct-Growth
Unspecified
4.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Equity Savings Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.6%
- 3Y
- n/a
- Vol
- 2.4%
- Max DD
- -1.6%
- Sharpe
- -0.86
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
LIC MF Equity Savings Fund
LIC Mutual Fund
- 1Y
- -0.3%
- 3Y
- +8.3%
- Vol
- 6.8%
- Max DD
- -7.5%
- Sharpe
- 0.30
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
Nippon India Equity Savings Fund (Existing number of Segregated Portfolios - 2)
Nippon India Mutual Fund
- 1Y
- +126.1%
- 3Y
- +31.2%
- Vol
- n/a
- Max DD
- 0.0%
- Sharpe
- n/a
- 3Y win
- +0%
- Shallower drawdown
- Lower TER
- Higher trailing returns
quant Equity Savings Fund
quant Mutual Fund
- 1Y
- +6.3%
- 3Y
- n/a
- Vol
- 6.0%
- Max DD
- -5.0%
- Sharpe
- 0.22
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)
Sundaram Mutual Fund
- 1Y
- -1.9%
- 3Y
- +8.8%
- Vol
- 5.8%
- Max DD
- -6.2%
- Sharpe
- 0.48
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns