Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww BSE Power ETF is an ETF fund and Mirae Asset Nifty Energy ETF is an ETF fund. Groww BSE Power ETF charges 0.48% a year and Mirae Asset Nifty Energy ETF 0.48%. Their portfolios overlap 44.9%: they hold 17 of the same securities.
Which is better, Groww BSE Power 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.
- Mirae Asset Nifty Energy ETF fell less in its worst fall since 10-11-2025: −16.5% against −22.1%.
- Mirae Asset Nifty Energy ETF is the larger fund: ₹281 Cr against ₹281 Cr.
- Their portfolios overlap 44.9%: 17 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 | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹281 Cr (30-09-2026) | ₹281 Cr (30-09-2026) |
| NAV | ₹10.36 | ₹35.24 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Power TRI | Nifty Energy TRI |
| Launch date | 05-08-2025 | 07-11-2025 |
| Minimum investment | 1 Unit | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Ekta Gala, amp, Vishal Singh |
| Exit load | Nil | NIL |
Groww BSE Power 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 |
|---|---|---|---|---|---|---|---|
| Groww BSE Power ETF | −4.34% | −9.13% | −15.64% | −0.99% | -- | -- | -- |
| Mirae Asset Nifty Energy ETF | −4.60% | −8.40% | −13.88% | -- | -- | -- | -- |
Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF: Year-wise Returns
| Year | Groww BSE PowerGroww BSE Power ETF | Mirae Asset Nifty EnergyMirae Asset Nifty Energy ETF |
|---|---|---|
| 2026to date | +6.12% | −0.26% |
Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF: Rolling Returns
Every holding period of both funds, against BSE POWER TRI, the benchmark of Groww BSE Power ETF
Groww BSE Power 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 | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Return (CAGR) | +3.50% | −1.95% |
| Standard deviation | 18.67% | 16.50% |
| Sharpe ratio | -0.10 | -0.44 |
| Sortino ratio | -0.13 | -0.60 |
| Maximum drawdown | −22.1% (23-10-2026) | −16.5% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.48% | −0.21% |
From daily NAVs, 06-08-2025 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.
Groww BSE Power ETF
Mirae Asset Nifty Energy ETF
BSE POWER TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww BSE Power ETF | −22.1% | 27-05-2026 | 23-10-2026 | Not yet | -- | −19.0% |
| Mirae Asset Nifty Energy ETF | −16.5% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.4% |
| BSE POWER TRI | −21.9% | 27-05-2026 | 23-10-2026 | Not yet | -- | −18.8% |
From daily values since 10-11-2025, the first day every fund has.
Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww BSE Power ETF, September 2026; Mirae Asset Nifty Energy ETF, September 2026
Holdings in common
- Overlap
- 44.9%
- Held by both
- 17
- Only in Groww BSE Power ETF
- 0
- Only in Mirae Asset Nifty Energy ETF
- 23
| Security | % of Groww BSE Power ETF | % of Mirae Asset Nifty Energy ETF |
|---|---|---|
| NTPC Limited | 16.88% | 6.10% |
| Power Grid Corporation of India Limited | 13.09% | 4.69% |
| Bharat Heavy Electricals Limited | 6.69% | 3.84% |
| CG Power And Industrial Solutions Ltd | 6.43% | 3.72% |
| Adani Power Limited | 9.54% | 3.37% |
| GE Vernova T&D India Limited | 5.65% | 3.30% |
| Suzlon Energy Limited | 5.26% | 3.05% |
| Hitachi Energy India Limited | 4.20% | 2.47% |
| The Tata Power Company Limited | 6.58% | 2.40% |
| ABB India Limited | 3.95% | 2.26% |
| Siemens Limited | 3.69% | 2.09% |
| Siemens Energy India Limited | 3.15% | 1.80% |
| Adani Green Energy Limited | 4.64% | 1.70% |
| JSW Energy Limited | 3.28% | 1.21% |
| NHPC Limited | 2.99% | 1.09% |
| Torrent Power Limited | 2.63% | 0.94% |
| Thermax Limited | 1.43% | 0.83% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.9% means 44.9% 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 Groww BSE Power ETF
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset Nifty Energy ETF
| Security | % of fund |
|---|---|
| Coal India Ltd. | 10.19% |
| Reliance Industries Ltd. | 9.89% |
| Oil & Natural Gas Corporation Ltd. | 9.27% |
| GAIL (India) Ltd. | 4.86% |
| Oil India Ltd. | 2.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | -0.0% |
Market cap of stocks
| Market cap | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Large Cap | 75.7% | 72.6% |
| Mid Cap | 24.4% | 20.8% |
| Small Cap | 0.0% | 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 | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Power | 59.6% | 25.1% |
| Electrical Equipment | 40.4% | 24.9% |
| Petroleum Products | 0.0% | 15.5% |
| Gas | 0.0% | 12.4% |
| Oil | 0.0% | 11.8% |
| Consumable Fuels | 0.0% | 10.2% |
The six largest sectors of each fund's stocks, % of the fund.
Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww BSE Power ETF | Mirae Asset Nifty Energy ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.40% | 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.
Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF: Frequently Asked Questions
What is the difference between Groww BSE Power ETF and Mirae Asset Nifty Energy ETF?
Groww BSE Power ETF is an ETF fund, Mirae Asset Nifty Energy ETF is an ETF fund, run by Groww Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 44.9%. Groww BSE Power ETF charges 0.48% a year and Mirae Asset Nifty Energy ETF 0.48%.
Which has the lower expense ratio, Groww BSE Power ETF or Mirae Asset Nifty Energy ETF?
Both charge 0.48% a year.
How much do Groww BSE Power ETF and Mirae Asset Nifty Energy ETF overlap?
44.9%. They hold 17 of the same securities, the largest shared ones being NTPC, POWERGRID, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Groww BSE Power ETF or Mirae Asset Nifty Energy ETF?
On SEBI's riskometer, Groww BSE Power ETF is rated Very High and Mirae Asset Nifty Energy ETF Very High. Over their common history, the standard deviation of daily returns was 18.67% and 16.50% a year.
Can I invest in both Groww BSE Power ETF and Mirae Asset Nifty Energy ETF?
Yes. 44.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww BSE Power ETF and Mirae Asset Nifty Energy ETF?
Groww BSE Power ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Mirae Asset Nifty Energy ETF: Ekta Gala, amp, Vishal Singh.
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.