Axis Nifty Energy ETF vs Kotak Nifty Commodities 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 Kotak Nifty Commodities Index Fund is an Index fund. Axis Nifty Energy ETF charges 1.70% a year and Kotak Nifty Commodities Index Fund 0.30%. Their portfolios overlap 44.0%: they hold 15 of the same securities.
Kotak Nifty Commodities Index Fund
Index
- Expense ratio
- 0.30%
- NAV
- ₹11.25
Which is better, Axis Nifty Energy ETF or Kotak Nifty Commodities Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty Commodities Index costs less: 0.30% a year against 1.70%.
- Axis Nifty Energy ETF fell less in its worst fall since 02-09-2026: −10.0% against −10.3%.
- Kotak Nifty Commodities Index holds more in large companies: 85.5% of the fund in large caps against 72.5%.
- Kotak Nifty Commodities Index is the larger fund: ₹283 Cr against ₹7 Cr.
- Their portfolios overlap 44.0%: 15 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 | Kotak Nifty Commodities Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹7 Cr (30-09-2026) | ₹283 Cr (30-09-2026) |
| NAV | ₹17.52 | ₹11.25 (Direct) |
| Expense ratio (Direct) | Not available | 0.30% |
| Expense ratio (Regular) | Not available | 0.57% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Energy TRI | Nifty Commodities TRI |
| Launch date | 27-08-2026 | 10-03-2025 |
| Minimum investment | 75,000 Units | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Mallik, Rohit Gautam | Satish DondapatiFM 2 Mr. Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | Nil |
Axis Nifty Energy ETF vs Kotak Nifty Commodities 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% | -- | -- | -- | -- | -- | -- |
| Kotak Nifty Commodities Index Fund (Direct) | −3.65% | −8.47% | −11.93% | −4.81% | -- | -- | -- |
Axis Nifty Energy ETF vs Kotak Nifty Commodities Index: Year-wise Returns
| Year | Axis Nifty Energy ETFAxis Nifty Energy ETF | Kotak Nifty Commodities IndexKotak Nifty Commodities Index |
|---|---|---|
| 2026to date | -- | −5.07% |
Axis Nifty Energy ETF vs Kotak Nifty Commodities Index: Rolling Returns
Every holding period of both funds, against Nifty Energy TRI, the benchmark of Axis Nifty Energy ETF
Axis Nifty Energy ETF vs Kotak Nifty Commodities 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 | Kotak Nifty Commodities Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −40.63% | +6.23% |
| Standard deviation | 15.32% | 15.69% |
| Sharpe ratio | -3.00 | 0.05 |
| Sortino ratio | -3.31 | 0.07 |
| Maximum drawdown | −10.0% (23-10-2026) | −15.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −0.81% |
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
Kotak Nifty Commodities 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% |
| Kotak Nifty Commodities Index Fund (Direct) | −10.3% | 04-09-2026 | 23-10-2026 | Not yet | -- | −8.5% |
| 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 Kotak Nifty Commodities Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty Energy ETF, September 2026; Kotak Nifty Commodities Index Fund, September 2026
Holdings in common
- Overlap
- 44.0%
- Held by both
- 15
- Only in Axis Nifty Energy ETF
- 25
- Only in Kotak Nifty Commodities Index
- 15
| Security | % of Axis Nifty Energy ETF | % of Kotak Nifty Commodities Index |
|---|---|---|
| Reliance Industries Limited | 9.88% | 9.92% |
| NTPC Limited | 6.09% | 7.40% |
| Coal India Limited | 10.18% | 4.91% |
| Oil & Natural Gas Corporation Limited | 9.26% | 4.23% |
| Adani Power Limited | 3.37% | 4.10% |
| Tata Power Company Limited | 2.39% | 2.91% |
| Bharat Petroleum Corporation Limited | 2.23% | 2.94% |
| Indian Oil Corporation Limited | 1.84% | 2.43% |
| Adani Energy Solutions Limited | 1.70% | 2.07% |
| Adani Green Energy Limited | 1.70% | 2.07% |
| Hindustan Petroleum Corporation Limited | 1.23% | 1.62% |
| JSW Energy Limited | 1.20% | 1.46% |
| Oil India Limited | 2.58% | 1.18% |
| NHPC Limited | 1.09% | 1.32% |
| Torrent Power Limited | 0.94% | 1.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.0% means 44.0% 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
| Security | % of fund |
|---|---|
| GAIL (India) Limited | 4.86% |
| Power Grid Corporation of India Limited | 4.68% |
| Bharat Heavy Electricals Limited | 3.84% |
| CG Power and Industrial Solutions Limited | 3.72% |
| GE Vernova T&D India Limited | 3.30% |
Largest holdings only in Kotak Nifty Commodities Index Fund
| Security | % of fund |
|---|---|
| Tata Steel Ltd. | 7.38% |
| Hindalco Industries Ltd. | 6.58% |
| Ultratech Cement Ltd. | 6.26% |
| JSW Steel Ltd. | 5.82% |
| Grasim Industries Ltd. | 5.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty Energy ETF | Kotak Nifty Commodities 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 | Kotak Nifty Commodities Index |
|---|---|---|
| Large Cap | 72.5% | 85.5% |
| Mid Cap | 20.7% | 14.6% |
| Small Cap | 5.5% | 0.0% |
| Not on AMFI's list | 1.1% | 0.0% |
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 | Kotak Nifty Commodities Index |
|---|---|---|
| Power | 25.0% | 22.5% |
| Electrical Equipment | 24.9% | 0.0% |
| Petroleum Products | 15.5% | 16.9% |
| Ferrous Metals | 0.0% | 15.2% |
| Cement and Cement Products | 0.0% | 14.4% |
| Gas | 12.4% | 0.0% |
| Oil | 11.8% | 5.4% |
| Consumable Fuels | 10.2% | 4.9% |
| Non - Ferrous Metals | 0.0% | 10.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty Energy ETF vs Kotak Nifty Commodities Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty Energy ETF | Kotak Nifty Commodities Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.30% |
| Base expense ratio (Direct) | 0.00% | 0.17% |
| Total expense ratio (Regular) | Not available | 0.57% |
| Base expense ratio (Regular) | 0.25% | 0.40% |
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 Kotak Nifty Commodities Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty Energy ETF and Kotak Nifty Commodities Index Fund?
Axis Nifty Energy ETF is an ETF fund, Kotak Nifty Commodities Index Fund is an Index fund, run by Axis Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 44.0%. Axis Nifty Energy ETF charges 1.70% a year and Kotak Nifty Commodities Index Fund 0.30%.
Which has the lower expense ratio, Axis Nifty Energy ETF or Kotak Nifty Commodities Index Fund?
Kotak Nifty Commodities Index Fund charges less: 0.30% a year against 1.70%. These are the total expense ratios reported to AMFI.
How much do Axis Nifty Energy ETF and Kotak Nifty Commodities Index Fund overlap?
44.0%. They hold 15 of the same securities, the largest shared ones being RELIANCE, NTPC, COALINDIA. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty Energy ETF or Kotak Nifty Commodities Index Fund?
On SEBI's riskometer, Axis Nifty Energy ETF is rated Very High and Kotak Nifty Commodities Index Fund Very High. Over their common history, the standard deviation of daily returns was 15.32% and 15.69% a year.
Can I invest in both Axis Nifty Energy ETF and Kotak Nifty Commodities Index Fund?
Yes. 44.0% 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 Kotak Nifty Commodities Index Fund?
Axis Nifty Energy ETF: Nandik Mallik, Rohit Gautam. Kotak Nifty Commodities Index Fund: Satish DondapatiFM 2 Mr. Abhishek Bisen, Jeetu Valechha Sonar.
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.