Which has the lower expense ratio, Edelweiss Overnight Fund - Direct Plan - Growth or Mirae Asset Nifty 50 Equal Weight ETF?

Edelweiss Overnight Fund - Direct Plan - Growth's expense ratio is 0.68% versus Mirae Asset Nifty 50 Equal Weight ETF's 0.04%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both Edelweiss Overnight Fund - Direct Plan - Growth and Mirae Asset Nifty 50 Equal Weight ETF?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

Edelweiss Overnight Fund - Direct Plan - Growth vs Mirae Asset Nifty 50 Equal Weight ETF

Q: Edelweiss Overnight Fund - Direct Plan - Growth vs Mirae Asset Nifty 50 Equal Weight ETF — which has given better returns?

Edelweiss Overnight Fund - Direct Plan - Growth has a 1-year return of 2.64% versus Mirae Asset Nifty 50 Equal Weight ETF's 6.32%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

Edelweiss Overnight Fund - Direct Plan - Growth

Edelweiss Mutual Fund

★★★★★

Equity · Mid Cap

Mirae Asset Nifty 50 Equal Weight ETF

Mirae Asset Mutual Fund

★★★★★

Equity · Mid Cap

Metric	Edelweiss Overnight Fu...	Mirae Asset Nifty 50 E...
NAV	₹122.17	₹10.14
Star Rating	★★★★★	★★★
Expense Ratio	0.68%	0.04%
AUM	₹19,230 Cr	₹293 Cr
1M Return	-4.94%	-4.74%
3M Return	-4.78%	-1.59%
6M Return	+3.52%	+14.21%
1Y Return	+2.64%	+6.32%
3Y CAGR	+18.9%	—
5Y CAGR	+16.22%	—
Risk Level	—	—
Fund Manager	Harshad Patwardhan	Ekta Gala

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