COMPARE
Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan Growth vs ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth
Edelweiss Nifty 100 Quality 30 Index Fund and ICICI Prudential NASDAQ 100 Index Fund are both in the Index Funds category, from Edelweiss Asset Management Limited and ICICI Prudential Asset Management Company Limited respectively. ICICI Prudential NASDAQ 100 Index Fund has posted a higher 3-year rolling CAGR. Edelweiss Nifty 100 Quality 30 Index Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Edelweiss Nifty 100 Quality 30 Index Fund has the lower direct-plan expense ratio, by 0.03 percentage points.
| Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan Growth | ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Edelweiss Asset Management Limited | ICICI Prudential Asset Management Company Limited |
| Benchmark | NIFTY100 Quality 30 TRI | NASDAQ 100 (INR) |
| NAV | ₹14.0668 (2026-10-28) | ₹24.6745 (2026-10-28) |
| AUM | ₹110.798 Cr | ₹3,523.841 Cr |
| Expense Ratio (Direct) | 0.6% | 0.63% |
| Inception | 2021-10-07 | 2021-09-27 |
Returns
ICICI Prudential NASDAQ 100 Index Fund leads on 3-year rolling CAGR (28.8% vs Edelweiss Nifty 100 Quality 30 Index Fund's 14.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Punji Fund Health Score
ICICI Prudential NASDAQ 100 Index Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Edelweiss Nifty 100 Quality 30 Index Fund or ICICI Prudential NASDAQ 100 Index Fund?
ICICI Prudential NASDAQ 100 Index Fund's 3-year rolling CAGR of 28.8% is higher than Edelweiss Nifty 100 Quality 30 Index Fund's 14.2%. ICICI Prudential NASDAQ 100 Index Fund sits in the 99th percentile of its category on this metric, versus the 62nd percentile for Edelweiss Nifty 100 Quality 30 Index 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 Nifty 100 Quality 30 Index Fund or ICICI Prudential NASDAQ 100 Index Fund?
Edelweiss Nifty 100 Quality 30 Index Fund's direct-plan expense ratio is 0.03 percentage points lower than ICICI Prudential NASDAQ 100 Index 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.
Why don't Edelweiss Nifty 100 Quality 30 Index Fund and ICICI Prudential NASDAQ 100 Index Fund show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Edelweiss Nifty 100 Quality 30 Index Fund or ICICI Prudential NASDAQ 100 Index Fund?
ICICI Prudential NASDAQ 100 Index Fund has ₹3,524 Cr in assets under management, versus ₹111 Cr for Edelweiss Nifty 100 Quality 30 Index 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 fund has a longer track record, Edelweiss Nifty 100 Quality 30 Index Fund or ICICI Prudential NASDAQ 100 Index Fund?
ICICI Prudential NASDAQ 100 Index Fund launched on 2021-09-27, making it older than Edelweiss Nifty 100 Quality 30 Index Fund (launched 2021-10-07). 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.