Axis Nifty Energy ETF vs Axis Nifty Energy Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Axis Nifty Energy ETF is an ETF fund and Axis Nifty Energy Index Fund is an Index fund. Axis Nifty Energy ETF charges 1.70% a year and Axis Nifty Energy Index Fund 1.79%. Their portfolios overlap 99.9%: they hold 40 of the same securities.
Which is better, Axis Nifty Energy ETF or Axis Nifty Energy Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Nifty Energy ETF costs less: 1.70% a year against 1.79%.
- Axis Nifty Energy Index fell less in its worst fall since 02-09-2026: −9.9% against −10.0%.
- Axis Nifty Energy Index is the larger fund: ₹89 Cr against ₹7 Cr.
- Their portfolios overlap 99.9%: 40 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Nifty Energy ETF | Axis Nifty Energy Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | ETF | Index |
| AUM | ₹7 Cr (30-09-2026) | ₹89 Cr (30-09-2026) |
| NAV | ₹17.52 | ₹9.20 (Direct) |
| Expense ratio (Direct) | Not available | 1.79% |
| Expense ratio (Regular) | Not available | 2.57% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Energy TRI | Nifty Energy TRI |
| Launch date | 27-08-2026 | 27-08-2026 |
| Minimum investment | 75,000 Units | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Mallik, Rohit Gautam | Nandik Mallik, Rohit Gautam |
| Exit load | Not available | Exit load of 0.25%, if redeemed within 15 days. |
Axis Nifty Energy ETF vs Axis Nifty Energy Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Nifty Energy ETF | −4.59% | -- | -- | -- | -- | -- | -- |
| Axis Nifty Energy Index Fund (Direct) | −4.59% | -- | -- | -- | -- | -- | -- |
Axis Nifty Energy ETF vs Axis Nifty Energy Index: Rolling Returns
Every holding period of both funds, against Nifty Energy TRI, the benchmark of both
Axis Nifty Energy ETF vs Axis Nifty Energy Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty Energy ETF | Axis Nifty Energy Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −40.63% | −40.55% |
| Standard deviation | 15.32% | 15.31% |
| Sharpe ratio | -3.00 | -2.99 |
| Sortino ratio | -3.31 | -3.31 |
| Maximum drawdown | −10.0% (23-10-2026) | −9.9% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −0.15% |
From daily NAVs, 02-09-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Nifty Energy ETF
Axis Nifty Energy Index Fund (Direct)
Nifty Energy TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty Energy ETF | −10.0% | 09-09-2026 | 23-10-2026 | Not yet | -- | −8.8% |
| Axis Nifty Energy Index Fund (Direct) | −9.9% | 09-09-2026 | 23-10-2026 | Not yet | -- | −8.8% |
| Nifty Energy TRI | −9.9% | 09-09-2026 | 23-10-2026 | Not yet | -- | −8.8% |
From daily values since 02-09-2026, the first day every fund has.
Axis Nifty Energy ETF vs Axis Nifty Energy Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty Energy ETF, September 2026; Axis Nifty Energy Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 40
- Only in Axis Nifty Energy ETF
- 0
- Only in Axis Nifty Energy Index
- 0
| Security | % of Axis Nifty Energy ETF | % of Axis Nifty Energy Index |
|---|---|---|
| Coal India Limited | 10.18% | 10.19% |
| Reliance Industries Limited | 9.88% | 9.89% |
| Oil & Natural Gas Corporation Limited | 9.26% | 9.27% |
| NTPC Limited | 6.09% | 6.10% |
| GAIL (India) Limited | 4.86% | 4.86% |
| Power Grid Corporation of India Limited | 4.68% | 4.69% |
| Bharat Heavy Electricals Limited | 3.84% | 3.84% |
| CG Power and Industrial Solutions Limited | 3.72% | 3.72% |
| Adani Power Limited | 3.37% | 3.38% |
| GE Vernova T&D India Limited | 3.30% | 3.31% |
| Suzlon Energy Limited | 3.05% | 3.05% |
| Oil India Limited | 2.58% | 2.59% |
| Hitachi Energy India Limited | 2.45% | 2.47% |
| Tata Power Company Limited | 2.39% | 2.40% |
| ABB India Limited | 2.26% | 2.26% |
| Petronet LNG Limited | 2.25% | 2.25% |
| Bharat Petroleum Corporation Limited | 2.23% | 2.23% |
| Siemens Limited | 2.09% | 2.09% |
| Indian Oil Corporation Limited | 1.84% | 1.85% |
| Aegis Logistics Limited | 1.83% | 1.83% |
| Siemens Energy India Limited | 1.79% | 1.80% |
| Adani Total Gas Limited | 1.74% | 1.74% |
| Adani Energy Solutions Limited | 1.70% | 1.71% |
| Adani Green Energy Limited | 1.70% | 1.70% |
| Hindustan Petroleum Corporation Limited | 1.23% | 1.23% |
| JSW Energy Limited | 1.20% | 1.21% |
| TD Power Systems Limited | 1.14% | 1.14% |
| NHPC Limited | 1.09% | 1.09% |
| Indraprastha Gas Limited | 1.08% | 1.08% |
| Torrent Power Limited | 0.94% | 0.94% |
| Thermax Limited | 0.83% | 0.84% |
| Mahanagar Gas Limited | 0.64% | 0.64% |
| Inox Wind Limited | 0.42% | 0.43% |
| NLC India Limited | 0.38% | 0.38% |
| Castrol India Limited | 0.35% | 0.35% |
| NTPC Green Energy Limited | 0.34% | 0.34% |
| CESC Limited | 0.33% | 0.34% |
| Nava Limited | 0.31% | 0.31% |
| Jaiprakash Power Ventures Limited | 0.29% | 0.29% |
| Reliance Power Limited | 0.23% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Nifty Energy ETF
Every holding of this fund is also held by the other.
Largest holdings only in Axis Nifty Energy Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty Energy ETF | Axis Nifty Energy Index |
|---|---|---|
| Equity | 99.9% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.1% |
Market cap of stocks
| Market cap | Axis Nifty Energy ETF | Axis Nifty Energy Index |
|---|---|---|
| Large Cap | 72.5% | 72.7% |
| Mid Cap | 20.7% | 20.8% |
| Small Cap | 5.5% | 5.5% |
| Not on AMFI's list | 1.1% | 1.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Nifty Energy ETF | Axis Nifty Energy Index |
|---|---|---|
| Power | 25.0% | 25.1% |
| Electrical Equipment | 24.9% | 24.9% |
| Petroleum Products | 15.5% | 15.6% |
| Gas | 12.4% | 12.4% |
| Oil | 11.8% | 11.9% |
| Consumable Fuels | 10.2% | 10.2% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty Energy ETF vs Axis Nifty Energy Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty Energy ETF | Axis Nifty Energy Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.79% |
| Base expense ratio (Direct) | 0.00% | 0.20% |
| Total expense ratio (Regular) | Not available | 2.57% |
| Base expense ratio (Regular) | 0.25% | 0.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Axis Nifty Energy ETF vs Axis Nifty Energy Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty Energy ETF and Axis Nifty Energy Index Fund?
Axis Nifty Energy ETF is an ETF fund, Axis Nifty Energy Index Fund is an Index fund, run by Axis Mutual Fund. Their portfolios overlap 99.9%. Axis Nifty Energy ETF charges 1.70% a year and Axis Nifty Energy Index Fund 1.79%.
Which has the lower expense ratio, Axis Nifty Energy ETF or Axis Nifty Energy Index Fund?
Axis Nifty Energy ETF charges less: 1.70% a year against 1.79%. These are the total expense ratios reported to AMFI.
How much do Axis Nifty Energy ETF and Axis Nifty Energy Index Fund overlap?
99.9%. They hold 40 of the same securities, the largest shared ones being COALINDIA, RELIANCE, ONGC. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty Energy ETF or Axis Nifty Energy Index Fund?
On SEBI's riskometer, Axis Nifty Energy ETF is rated Very High and Axis Nifty Energy Index Fund Very High. Over their common history, the standard deviation of daily returns was 15.32% and 15.31% a year.
Can I invest in both Axis Nifty Energy ETF and Axis Nifty Energy Index Fund?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty Energy ETF and Axis Nifty Energy Index Fund?
Axis Nifty Energy ETF: Nandik Mallik, Rohit Gautam. Axis Nifty Energy Index Fund: Nandik Mallik, Rohit Gautam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.