Edelweiss Equity Savings Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Edelweiss Equity Savings Fund Direct Growth Plan is at ₹30.6538 as of 10 Sep 2026, with scheme AUM of ₹1,659 Cr. Its 1-year, 3-year and 5-year returns are 8.49%, 11.44% and 9.76%, and the fund sits in the Medium Risk category.

Our view is that this is a steady hybrid option for conservative investors who want some equity participation without taking full equity-style swings. The return pattern has been better than the benchmark across the observed periods, while the portfolio also keeps a meaningful cash and high-quality debt element alongside large-cap equities.

Quick facts

Particular	Details
NAV	₹30.6538 as of 10 Sep 2026
AUM	₹1,659 Cr
Expense Ratio	0.61%
Launch Date	13 Oct 2014
Min SIP	₹100
Risk Category	Medium Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	0.25% on or before 30D, Nil after 30D
Fund Managers	Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik

The fund is managed by Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, and Kedar Karnik.

Source data date: as of 10 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.62%	-4.06%
3M	4.53%	1.37%
1Y	8.49%	-7.31%
3Y	11.44%	6.07%
5Y	9.76%	5.91%

The recent picture is constructive. Over 1 month and 3 months, the fund held up better than the benchmark, and that matters because the benchmark itself was uneven in the same stretch. The fund’s positive 1-month and 3-month returns suggest it has kept momentum even when the index weakened, which is a useful sign for a hybrid strategy designed to dampen volatility.

Over longer periods, the fund has also stayed ahead of the benchmark. The 3-year return of 11.44% is stronger than the benchmark’s 6.07%, while the 5-year return of 9.76% is ahead of 5.91%. That tells us the longer compounding trend has been healthier than the benchmark, not just a short-lived burst.

The 1-year return of 8.49% is lower than the 3-year figure but still well above the benchmark’s -7.31%. Our view is that this gap reflects a steadier drawdown profile rather than a fund that relies on a single strong market phase. The fund appears to have balanced equity exposure with defensive assets in a way that has helped results remain positive across multiple horizons.

For investors, the main takeaway is consistency. The pattern is not explosive, but it is more resilient than the benchmark across all listed periods, which is often what conservative hybrid investors are looking for.

Source data date: as of 10 Sep 2026

Should you BUY or HOLD Edelweiss Equity Savings?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Edelweiss Equity Savings Fund Direct Growth Plan	8.49%	11.44%	9.76%
HSBC Equity Savings Fund Direct Growth Plan	8.33%	12.82%	11.09%
WOC Equity Savings Fund Direct Growth Plan	7.61%	Data not available	Data not available
Mahindra Manulife Equity Savings Fund Direct Growth Plan	7.05%	9.37%	8.93%
Capitalmind Flexi Cap Fund Direct Growth Plan	6.10%	Data not available	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The fund’s 1-year return is slightly ahead of HSBC Equity Savings Fund Direct Growth Plan and clearly ahead of the other displayed peers on that period. That said, HSBC has a stronger 3-year and 5-year showing, so the longer view is less uniform than the short-term comparison.

Against the peers with available longer-horizon figures, the fund sits in the middle on both 3-year and 5-year returns. It is ahead of Mahindra Manulife Equity Savings Fund Direct Growth Plan on both measures, but behind HSBC Equity Savings Fund Direct Growth Plan. So the short-term comparison leans in its favour, while the longer-term comparison is more balanced.

That difference matters. The current fund has looked stable in the recent period, but the peer set shows that some competitors have compounded better over three and five years. Our view is that this makes the fund more appealing for investors who value consistency and benchmark resilience over chasing the strongest long-run number.

Source data date: as of 10 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Clearing Corporation of India Ltd.	Cash & Cash Equivalents and Net Assets	7.67%
HDFC Bank Ltd.	Bank	5.20%
Steel Authority of India Ltd.	Iron & Steel	4.42%
Bharti Airtel Ltd.	Telecom	3.76%
ICICI Bank Ltd.	Bank	3.66%
Net Receivables/(Payables)	Cash & Cash Equivalents and Net Assets	3.54%
7.65% HDB Fin Serv NCD 10-09-27**	Corporate Debt	3.26%
Adani Green Energy Ltd.	Power	3.25%
Reliance Industries Ltd.	Crude Oil	3.17%
Edelweiss Liquid Fund – Direct PL -GR	Domestic Mutual Funds Units	2.77%

The top 10 holdings account for approximately 40.7% of the portfolio.

To see all holdings, visit the Edelweiss Equity Savings Fund Direct Growth Plan page

The largest holding, Clearing Corporation of India Ltd., is 7.67% of the portfolio, so it can matter more than a smaller single position, but it is still not dominant enough on its own to drive the full outcome. The second and third positions are meaningfully lower, which suggests the fund does not rely on one oversized bet.

The drop from the largest holding to the tenth is fairly gradual rather than abrupt. That pattern points to a portfolio where several positions can influence returns, including banks, telecom, steel, power, corporate debt and cash-like assets. In our view, this mix may help reduce dependence on one sector theme.

Because the visible top 10 account for about 40.7% across 46 disclosed holdings, the portfolio appears spread across a fairly long tail. That may support diversification, although the cash and net-asset lines are also material and should be read as part of the fund’s hybrid structure rather than as pure equity exposure.

Source data date: as of 10 Sep 2026

Who should invest

This fund suits investors who are comfortable with Medium Risk and want a calmer hybrid allocation rather than a pure equity journey. The return pattern across 1 year, 3 years and 5 years shows that it has been able to stay ahead of the benchmark while avoiding the full downside of a plain equity index in weaker phases.

The better fit is usually a medium-to-long horizon, where the combination of equity, debt and cash-like exposure has time to work through market cycles. The main trade-off is that the fund may not capture the strongest upside in a sharp equity rally, but it may offer a more balanced path when markets are choppy.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 0.25% if units are sold on or before 30 days; nil after 30 days.

Source data date: as of 10 Sep 2026

Frequently asked questions

What is the current NAV of Edelweiss Equity Savings Fund Direct Growth Plan?

The NAV is ₹30.6538 as of 10 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The 1-year return is 8.49%, the 3-year return is 11.44%, and the 5-year return is 9.76%.

How has the fund performed versus the benchmark?

It has outpaced the benchmark across all listed periods, including 1 month, 3 months, 1 year, 3 years and 5 years. The 1-year benchmark return is -7.31%, while the fund stayed positive at 8.49%.

How does it compare with the displayed peer funds?

Its 1-year return is slightly ahead of HSBC Equity Savings Fund Direct Growth Plan and above the other displayed peers on that measure. HSBC has stronger 3-year and 5-year returns, so the longer view is more mixed.

Is there a minimum SIP amount?

No minimum SIP amount is stated here, so we do not present one.

Who manages the fund and what is the exit load?

The fund is managed by Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, and Kedar Karnik. The exit load is 0.25% if units are sold on or before 30 days, and nil after 30 days.

Bottom line

Edelweiss Equity Savings Fund Direct Growth Plan has shown a steadier long-term pattern than the benchmark, and its recent returns have also stayed positive through a mixed market backdrop. Compared with the displayed peers, the short-term result is encouraging, while the longer-term picture is more balanced because one peer has compounded better over 3 and 5 years. The Medium Risk profile, the cash-and-debt presence in the portfolio, and the broad spread across holdings make it more suitable for investors who prefer a smoother hybrid route than a pure equity swing.

Published on 11 September 2026 at 3:28 PM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.