COMPARE
Edelweiss Equity Savings Fund - Direct Plan - Growth Option vs Union Equity Savings Fund - Direct Plan - Growth Option
Edelweiss Equity Savings Fund and Union Equity Savings Fund are both in the Equity Savings category, from Edelweiss Asset Management Limited and Union Asset Management Company Private Limited respectively. Union Equity Savings Fund has posted a higher 3-year rolling CAGR. Edelweiss Equity Savings Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Edelweiss Equity Savings Fund has the lower direct-plan expense ratio, by 0.96 percentage points.
| Edelweiss Equity Savings Fund - Direct Plan - Growth Option | Union Equity Savings Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Equity Savings | Equity Savings |
| AMC | Edelweiss Asset Management Limited | Union Asset Management Company Private Limited |
| Benchmark | Nifty Equity Savings TRI | CRISIL Equity Savings TRI |
| NAV | ₹30.1822 (2026-10-28) | ₹17.89 (2026-10-28) |
| AUM | ₹1,731.348 Cr | ₹112.364 Cr |
| Expense Ratio (Direct) | 1.14% | 2.1% |
| Inception | 2014-09-22 | 2018-07-19 |
Returns
Union Equity Savings Fund leads on 3-year rolling CAGR (8.4% vs Edelweiss Equity Savings Fund's 10.9%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Union Equity Savings Fund has been the more volatile of the two by standard deviation.
| Edelweiss Equity Savings Fund - Direct Plan - Growth Option | Union Equity Savings Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.80 | -0.24 |
| 3Y Alpha | 2.7408% | -1.6414% |
| 3Y Std Deviation | 4.0139% | 4.4842% |
| 3Y Calmar Ratio | 2.98 | 1.33 |
Portfolio Analytics
Union Equity Savings Fund carries the higher portfolio YTM.
| Edelweiss Equity Savings Fund - Direct Plan - Growth Option | Union Equity Savings Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 18.509 | 23.2457 |
| P/B Ratio | 9.9087 | 6.656 |
| Dividend Yield | 1.0442% | 1.1857% |
| Active Share | - | - |
| Portfolio Turnover | 69% | 540% |
| YTM | 6.32% | 6.8946% |
| Duration (Macaulay) | 1.08 yrs | 1.74 yrs |
Punji Fund Health Score
Edelweiss Equity Savings Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Union Equity Savings Fund's 3-year rolling CAGR of 8.4% is higher than Edelweiss Equity Savings Fund's 10.9%. Union Equity Savings Fund sits in the 19th percentile of its category on this metric, versus the 71st percentile for Edelweiss Equity Savings Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Edelweiss Equity Savings Fund's direct-plan expense ratio is 0.96 percentage points lower than Union Equity Savings Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Edelweiss Equity Savings Fund or Union Equity Savings Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Union Equity Savings Fund has been more volatile than Edelweiss Equity Savings Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.80 for Edelweiss Equity Savings Fund vs -0.24 for Union Equity Savings Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Edelweiss Equity Savings Fund has ₹1,731 Cr in assets under management, versus ₹112 Cr for Union Equity Savings Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Union Equity Savings Fund's portfolio YTM (6.8946%) is higher than Edelweiss Equity Savings Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Union Equity Savings Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Edelweiss Equity Savings Fund or Union Equity Savings Fund?
Edelweiss Equity Savings Fund launched on 2014-09-22, making it older than Union Equity Savings Fund (launched 2018-07-19). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.