Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Plan is priced at ₹14.2863 as of 16 Sep 2026, with scheme AUM of ₹118 Cr. Its 1-year, 3-year and 5-year returns are -4.82%, 7.39% and 0% respectively, and the scheme sits in the High Risk bucket. Our view is that this is a portfolio-led index strategy for investors who can tolerate interim weakness and want a rules-based quality screen, but the recent drawdown means it has not been a smooth holding over the latest year.

It may suit a longer horizon better than a short one, especially because the 3-year figure is positive while the latest 1-year outcome remains negative. The fund is also running with a relatively tight portfolio of 30 holdings, which can sharpen the impact of its largest positions.

Quick facts

Particular	Details
NAV	₹14.2863 as of 16 Sep 2026
AUM	₹118 Cr
Expense Ratio	0.32%
Launch Date	07 Oct 2021
Min SIP	₹100
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	No exit load
Fund Managers	Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar

The fund is managed by Bhavesh Jain, Bharat Lahoti and Manasi Jalgaonkar.

Source data date: as of 16 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-5.25%	-4.41%
3M	-1.35%	-3.60%
1Y	-4.82%	-7.76%
3Y	7.39%	5.74%
5Y	Data not available	Data not available

Recent performance has been weak, and the latest 1-month and 3-month figures show that the fund has continued to move through short-term pressure. The 1-month return of -5.25% is worse than the benchmark’s -4.41%, while the 3-month return of -1.35% is better than the benchmark’s -3.60%, so the short-term picture is mixed rather than one-sided.

The bigger point is that the 1-year return remains negative at -4.82%, but it still beats the benchmark’s -7.76%. That tells us the fund has lost value over the past year, yet it has held up better than the benchmark in that same window. This is useful context for a passive strategy: even when it lags in the near term, it can still behave differently from the broad market reference.

Over 3 years, the fund has returned 7.39% against 5.74% for the benchmark. That is a firmer signal than the recent numbers, because it suggests the fund’s longer compounding has been more resilient than its latest year implies. The daily pattern also points to a choppy path rather than a straight trend, so investors should expect uneven stretches even when the longer horizon improves.

Source data date: as of 16 Sep 2026

Should you BUY or HOLD Edelweiss Nifty 100 Quality 30 Index?

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 Nifty 100 Quality 30 Index Fund Direct Growth Plan	-4.82%	7.39%	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	29.31%	30.01%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	21.45%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.13%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.68%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	17.57%	18.84%	Data not available

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

The fund’s recent return trails the strongest peer figures by a wide margin, especially on the 1-year view where several peers show strong double-digit gains. At the same time, the fund’s 3-year return is more constructive than its short-term performance suggests, and it is ahead of the benchmark’s 3-year return even though the latest year has been negative.

The longer view is more balanced: among peers with a 3-year figure, the fund is ahead of the ICICI Pru Nifty Pharma Index Fund and behind ICICI Pru NASDAQ 100 Index Fund. The short-term and longer-term comparisons therefore tell different stories, which is common when a fund has gone through a weaker recent stretch but still preserved a reasonable multi-year outcome.

Source data date: as of 16 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Tata Consultancy Services Ltd.	IT	5.41%
Nestle India Ltd.	FMCG	5.14%
Infosys Ltd.	IT	5.10%
Bharat Electronics Ltd.	Capital Goods	4.74%
HCL Technologies Ltd.	IT	4.54%
Bajaj Auto Ltd.	Automobile & Ancillaries	4.50%
Hindustan Unilever Ltd.	FMCG	4.26%
Maruti Suzuki India Ltd.	Automobile & Ancillaries	4.26%
ITC Ltd.	FMCG	4.18%
Britannia Industries Ltd.	FMCG	4.01%

The largest holding is Tata Consultancy Services Ltd. at 5.41%, so no single name dominates the portfolio on its own. Even so, the top 10 positions all sit in a fairly narrow band, with the tenth holding still above 4%, which suggests the fund is not relying on one or two oversized bets to drive its outcome.

The drop from the first holding to the tenth is modest rather than steep. That kind of profile may make the portfolio’s return pattern more dependent on how a cluster of large positions behaves together, particularly because IT, FMCG and automobile names appear repeatedly across the top list.

The top 10 holdings account for approximately 46.14% of the portfolio, and the fund has 30 disclosed holdings in total. That points to a noticeable concentration in the leading positions, but the remainder of the portfolio still leaves room for a broader tail of smaller weights. To see all holdings, visit the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Plan page

Source data date: as of 16 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk exposure and can hold through uneven periods. The latest year has been weak, but the 3-year result is positive and better than the benchmark over the same horizon, which makes the fund more suitable for a patient investor than for someone focused on near-term stability.

The main trade-off is that a quality-screened index approach can still go through sharp short-term swings, as the recent 1M and 3M numbers show. Investors with a longer horizon and tolerance for concentration in a limited set of large holdings may find the structure acceptable, while very cautious investors may prefer a smoother path.

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: No exit load.

Source data date: as of 16 Sep 2026

Frequently asked questions

What is the current NAV of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Plan?
It is ₹14.2863 as of 16 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are -4.82% for 1 year, 7.39% for 3 years and 0% for 5 years.

How has the fund done versus its benchmark?
It has beaten the benchmark over 1 year and 3 years, but both have been negative over the latest 1-year window and the short-term path has been uneven.

Who manages the fund?
Bhavesh Jain, Bharat Lahoti and Manasi Jalgaonkar manage the fund.

What is the minimum SIP amount?
The minimum SIP is ₹100.

What is the exit load and risk category?
There is no exit load, and the scheme is in the High Risk category.

Bottom line

This fund’s recent weakness is clear in the latest 1-year and 1-month figures, but the 3-year outcome is still positive and ahead of the benchmark. That split tells us the fund has had a choppier near-term path than its longer view would suggest. Compared with peers, the short-term returns are well behind the strongest numbers, while the longer view is more respectable. The portfolio is concentrated enough for the largest holdings to matter, so it may fit investors who can stay invested through volatility and want a quality-screened index exposure.

Published on 17 September 2026 at 12:04 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.