Edelweiss Mid Cap Fund

Direct · Growth

AI Summary

Performance

Edelweiss Mid Cap Fund has delivered strong long-term SIP XIRR of 21.82% over 10 years and 21.74% over 12 years, consistently beating the category average SIP XIRR (19.41% and 18.82% respectively). Against the NIFTY Midcap 150 benchmark, the fund has generated positive alpha across all periods, including 6.47% over 3 years and 3.34% over 10 years. Recent 1-year SIP XIRR of 27.64% also outpaces the category average of 21.6%.

Risk

The fund exhibits a beta below 1 (0.92-0.96) with downside capture consistently under 94%, indicating it falls less than the benchmark during declines. It has experienced 7 drawdown events exceeding 10%, with the maximum drawdown lasting 798 days and requiring 235 days for recovery, reflecting the inherent volatility of mid-cap investing. Calmar ratios between 0.51 and 0.67 across horizons suggest reasonable risk-adjusted returns given the mid-cap category's volatility profile.

Portfolio

Detailed holdings and sector allocation data were not provided in this analysis, so specific concentration and diversification observations cannot be made. As a Mid Cap Fund under SEBI categorization, it must maintain at least 65% exposure to mid-cap equities, which inherently carries higher concentration risk than large-cap or multi-cap strategies. Investors should review the latest factsheet for current top holdings and sector weights.

Category Positioning

The fund outperforms the category average SIP XIRR across every measured horizon, from 27.64% vs 21.6% over 1 year to 21.76% vs 18.82% over 12 years. Calendar year returns show strong consistency in up-markets, with gains above 39% in 2021, 2023, and 2024, though it declined 14.59% in 2018. This combination of benchmark-beating alpha and category outperformance across multiple horizons points to durable, consistent execution.

Investor Suitability

This fund suits investors with a high risk tolerance seeking mid-cap growth exposure, ideally through SIPs to smooth out volatility. A minimum horizon of 5-7 years is recommended, as evidenced by the 798-day maximum drawdown duration and the fund's strong long-term compounding. It is appropriate as a satellite allocation within a diversified portfolio rather than a core holding for conservative investors.

  • Consistent positive alpha versus NIFTY Midcap 150 across all periods from 1Y to 15Y, including 6.47% over 3 years
  • SIP XIRR above category averages at every horizon, with a 10-year XIRR of 21.82% versus the category's 19.41%
  • Favorable downside capture (below 94% across all periods) with beta under 1, limiting losses relative to the benchmark in declines

  • Seven drawdown events exceeding 10%, with the maximum drawdown lasting 798 days, highlighting significant downside risk typical of mid-cap funds
  • Recent calendar year returns have moderated sharply, with only 6.23% in 2026 and 4.86% in 2025 after exceptional gains in 2021-2024

Generated on 06-09-2026, 7:51 PM. Verify before investing.

₹130.71
18 Aug 2026
NAV
22.1%
3Y CAGR
20.9%
5Y CAGR
21.2%
10Y CAGR
21.7%
Weighted CAGR
?
7.63
Sharpe
-39.2%
Max Drawdown
?
0.49%
TER

If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.

Duration Invested Median Value XIRR Min XIRR Max XIRR
1 Year ₹12.00 L ₹13.06 L 27.6% -51.4% 139.6%
3 Years ₹36.00 L ₹49.74 L 21.7% -21.0% 48.6%
5 Years ₹60.00 L ₹1.03 Cr 20.9% -7.6% 39.3%
7 Years ₹84.00 L ₹1.76 Cr 21.1% 2.7% 31.6%
10 Years ₹1.20 Cr ₹3.75 Cr 21.8% 17.9% 25.7%
12 Years ₹1.44 Cr ₹5.86 Cr 21.8% 18.9% 25.1%

SIP returns vs benchmark & category

Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.

Duration Fund SIP XIRR NIFTY MIDCAP 150 Category avg Fund edge
1 Year 27.6% 22.0% 21.6% +5.6%
3 Years 21.7% 17.3% 19.9% +4.4%
5 Years 20.9% 16.5% 19.4% +4.4%
7 Years 21.1% 16.8% 19.3% +4.4%
10 Years 21.8% 16.6% 19.4% +5.2%
12 Years 21.8% 16.3% 18.8% +5.4%

Duration Mean Median Min Max Sharpe Sortino % Positive Cat. Mean Cat. Median
1 Year 26.3% 18.7% -27.8% 114.6% 0.68 3.15 87%
3 Years 22.1% 24.8% -4.9% 42.0% 1.57 10.26 98%
5 Years 20.9% 20.3% 0.3% 39.0% 1.79 27.50 100%
10 Years 21.2% 20.8% 16.9% 25.2% 7.63 100%

-39.2%
Max Drawdown
27 mo
Drawdown Duration
8 mo
Recovery Time
-6.2%
Avg Drawdown

Calmar Ratio by Duration

0.67
1Y
0.56
3Y
0.53
5Y
0.51
7Y
0.54
10Y
0.59
12Y

Compared against NIFTY MIDCAP 150

Duration Alpha Beta Upside Capture Downside Capture Fund CAGR Bench CAGR
1 Year +1.25 0.92 93.2% 91.0% 10.8% 9.9%
3 Years +6.47 0.94 97.7% 91.9% 23.9% 18.1%
5 Years +3.40 0.95 96.5% 93.3% 20.3% 17.5%
7 Years +4.24 0.96 97.2% 93.4% 25.7% 22.1%
10 Years +3.34 0.94 94.7% 91.3% 19.5% 16.8%
12 Years +3.83 0.94 94.8% 90.9% 20.1% 16.9%
15 Years +4.53 0.93 94.3% 89.3% 19.3% 15.4%