CPSE ETF vs Mirae Asset Nifty Energy ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
CPSE ETF is a mutual fund and Mirae Asset Nifty Energy ETF is an ETF fund. CPSE ETF charges 0.08% a year and Mirae Asset Nifty Energy ETF 0.48%. Their portfolios overlap 34.3%: they hold 7 of the same securities.
Which is better, CPSE ETF or Mirae Asset Nifty Energy ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- CPSE ETF costs less: 0.08% a year against 0.48%.
- Mirae Asset Nifty Energy ETF fell less in its worst fall since 10-11-2025: −16.5% against −21.1%.
- CPSE ETF holds more in large companies: 86.9% of the fund in large caps against 72.6%.
- CPSE ETF is the larger fund: ₹18,645 Cr against ₹281 Cr.
- Their portfolios overlap 34.3%: 7 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 | CPSE ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Mirae Asset Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹18,645 Cr (30-09-2026) | ₹281 Cr (30-09-2026) |
| NAV | ₹88.53 (Direct) | ₹35.24 |
| Expense ratio (Direct) | 0.08% | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Energy TRI |
| Launch date | Not available | 07-11-2025 |
| Minimum investment | Not available | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | Not available | None |
| Fund managers | Not available | Ekta Gala, amp, Vishal Singh |
| Exit load | Not available | NIL |
CPSE ETF vs Mirae Asset Nifty Energy ETF: 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 |
|---|---|---|---|---|---|---|---|
| CPSE ETF (Direct) | −2.75% | −6.25% | −18.12% | −6.49% | +18.55% | +24.55% | -- |
| Mirae Asset Nifty Energy ETF | −4.60% | −8.40% | −13.88% | -- | -- | -- | -- |
CPSE ETF vs Mirae Asset Nifty Energy ETF: Year-wise Returns
| Year | CPSECPSE ETF | Mirae Asset Nifty EnergyMirae Asset Nifty Energy ETF |
|---|---|---|
| 2026to date | −3.39% | −0.26% |
| 2025 | +7.18% | -- |
| 2024 | +28.03% | -- |
| 2023 | +75.62% | -- |
| 2022 | +27.95% | -- |
| 2021 | +46.00% | -- |
CPSE ETF vs Mirae Asset Nifty Energy ETF: Rolling Returns
Every holding period of both funds, against Nifty CPSE TRI, the benchmark of CPSE ETF
CPSE ETF vs Mirae Asset Nifty Energy ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | CPSE ETF (Direct) | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Return (CAGR) | +13.53% | −1.95% |
| Standard deviation | 21.70% | 16.50% |
| Sharpe ratio | 0.38 | -0.44 |
| Sortino ratio | 0.52 | -0.60 |
| Maximum drawdown | −54.1% (19-03-2020) | −16.5% (23-10-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.21% |
From daily NAVs, 07-11-2016 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.
CPSE ETF (Direct)
Mirae Asset Nifty Energy ETF
Nifty CPSE TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| CPSE ETF (Direct) | −21.1% | 29-04-2026 | 23-10-2026 | Not yet | -- | −18.7% |
| Mirae Asset Nifty Energy ETF | −16.5% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.4% |
| Nifty CPSE TRI | −21.1% | 29-04-2026 | 23-10-2026 | Not yet | -- | −18.7% |
From daily values since 10-11-2025, the first day every fund has.
CPSE ETF vs Mirae Asset Nifty Energy ETF: Portfolio Overlap
From each fund's latest monthly portfolio: CPSE ETF, September 2026; Mirae Asset Nifty Energy ETF, September 2026
Holdings in common
- Overlap
- 34.3%
- Held by both
- 7
- Only in CPSE ETF
- 4
- Only in Mirae Asset Nifty Energy ETF
- 33
| Security | % of CPSE ETF | % of Mirae Asset Nifty Energy ETF |
|---|---|---|
| Coal India Limited | 15.39% | 10.19% |
| Oil & Natural Gas Corporation Limited | 13.26% | 9.27% |
| NTPC Limited | 20.22% | 6.10% |
| Power Grid Corporation of India Limited | 17.83% | 4.69% |
| Oil India Limited | 3.70% | 2.59% |
| NHPC Limited | 4.15% | 1.09% |
| NLC India Limited | 1.44% | 0.38% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.3% means 34.3% 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 CPSE ETF
| Security | % of fund |
|---|---|
| Bharat Electronics Limited | 20.19% |
| Cochin Shipyard Limited | 1.92% |
| NBCC (India) Limited | 1.23% |
| SJVN Limited | 0.64% |
Largest holdings only in Mirae Asset Nifty Energy ETF
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 9.89% |
| GAIL (India) Ltd. | 4.86% |
| Bharat Heavy Electricals Ltd. | 3.84% |
| CG Power and Industrial Solutions Ltd. | 3.72% |
| Adani Power Ltd. | 3.37% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | CPSE ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.0% |
Market cap of stocks
| Market cap | CPSE ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Large Cap | 86.9% | 72.6% |
| Mid Cap | 11.2% | 20.8% |
| Small Cap | 1.9% | 5.5% |
| Not on AMFI's list | 0.0% | 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 | CPSE ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Power | 44.3% | 25.1% |
| Electrical Equipment | 0.0% | 24.9% |
| Aerospace & Defense | 20.2% | 0.0% |
| Oil | 17.0% | 11.8% |
| Petroleum Products | 0.0% | 15.5% |
| Consumable Fuels | 15.4% | 10.2% |
| Gas | 0.0% | 12.4% |
| Industrial Manufacturing | 1.9% | 0.0% |
| Construction | 1.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
CPSE ETF vs Mirae Asset Nifty Energy ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | CPSE ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.08% | Not available |
| Base expense ratio (Direct) | 0.06% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.29% |
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.
CPSE ETF vs Mirae Asset Nifty Energy ETF: Frequently Asked Questions
What is the difference between CPSE ETF and Mirae Asset Nifty Energy ETF?
CPSE ETF is a mutual fund, Mirae Asset Nifty Energy ETF is an ETF fund, run by Nippon India Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 34.3%. CPSE ETF charges 0.08% a year and Mirae Asset Nifty Energy ETF 0.48%.
Which has the lower expense ratio, CPSE ETF or Mirae Asset Nifty Energy ETF?
CPSE ETF charges less: 0.08% a year against 0.48%. These are the total expense ratios reported to AMFI.
How much do CPSE ETF and Mirae Asset Nifty Energy ETF overlap?
34.3%. They hold 7 of the same securities, the largest shared ones being COALINDIA, ONGC, NTPC. From each fund's latest monthly portfolio.
Can I invest in both CPSE ETF and Mirae Asset Nifty Energy ETF?
Yes. 34.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.