Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty Energy ETF is an ETF fund and Motilal Oswal Nifty Energy ETF is an ETF fund. Mirae Asset Nifty Energy ETF charges 0.48% a year and Motilal Oswal Nifty Energy ETF 0.78%. Their portfolios overlap 99.9%: they hold 40 of the same securities.
Which is better, Mirae Asset Nifty Energy ETF or Motilal Oswal 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 costs less: 0.48% a year against 0.78%.
- Mirae Asset Nifty Energy ETF fell less in its worst fall since 10-11-2025: −16.5% against −16.6%.
- Mirae Asset Nifty Energy ETF is the larger fund: ₹281 Cr against ₹60 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 | Mirae Asset Nifty Energy ETF | Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹281 Cr (30-09-2026) | ₹60 Cr (30-09-2026) |
| NAV | ₹35.24 | ₹35.16 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Energy TRI | Nifty Energy TRI |
| Launch date | 07-11-2025 | 13-10-2025 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | NIL | Nil |
Mirae Asset Nifty Energy ETF vs Motilal Oswal 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty Energy ETF | −4.60% | −8.40% | −13.88% | -- | -- | -- | -- |
| Motilal Oswal Nifty Energy ETF | −4.61% | −8.44% | −14.00% | −3.37% | -- | -- | -- |
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Year-wise Returns
| Year | Mirae AssetMirae Asset Nifty Energy ETF | Motilal OswalMotilal Oswal Nifty Energy ETF | Nifty Energy TRI |
|---|---|---|---|
| 2026to date | −0.26% | −0.52% | −0.05% |
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Rolling Returns
Every holding period of both funds, against Nifty Energy TRI, the benchmark of both
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty Energy ETF | Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Return (CAGR) | −1.95% | −0.84% |
| Standard deviation | 16.50% | 16.14% |
| Sharpe ratio | -0.44 | -0.38 |
| Sortino ratio | -0.60 | -0.52 |
| Maximum drawdown | −16.5% (23-10-2026) | −16.6% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −0.56% |
From daily NAVs, 10-11-2025 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.
Mirae Asset Nifty Energy ETF
Motilal Oswal Nifty Energy ETF
Nifty Energy TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty Energy ETF | −16.5% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.4% |
| Motilal Oswal Nifty Energy ETF | −16.6% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.5% |
| Nifty Energy TRI | −16.4% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.3% |
From daily values since 10-11-2025, the first day every fund has.
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty Energy ETF, September 2026; Motilal Oswal Nifty Energy ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 40
- Only in Mirae Asset Nifty Energy ETF
- 0
- Only in Motilal Oswal Nifty Energy ETF
- 0
| Security | % of Mirae Asset Nifty Energy ETF | % of Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Coal India Ltd. | 10.19% | 10.18% |
| Reliance Industries Ltd. | 9.89% | 9.89% |
| Oil & Natural Gas Corporation Ltd. | 9.27% | 9.26% |
| NTPC Ltd. | 6.10% | 6.09% |
| GAIL (India) Ltd. | 4.86% | 4.86% |
| Power Grid Corporation of India Ltd. | 4.69% | 4.69% |
| Bharat Heavy Electricals Ltd. | 3.84% | 3.84% |
| CG Power and Industrial Solutions Ltd. | 3.72% | 3.72% |
| Adani Power Ltd. | 3.37% | 3.37% |
| GE Vernova T&D India Ltd. | 3.30% | 3.30% |
| Suzlon Energy Ltd. | 3.05% | 3.05% |
| Oil India Ltd. | 2.59% | 2.58% |
| Hitachi Energy India Ltd. | 2.47% | 2.47% |
| Tata Power Company Ltd. | 2.40% | 2.40% |
| ABB India Ltd. | 2.26% | 2.26% |
| Petronet LNG Ltd. | 2.25% | 2.25% |
| Bharat Petroleum Corporation Ltd. | 2.23% | 2.23% |
| Siemens Ltd. | 2.09% | 2.09% |
| Indian Oil Corporation Ltd. | 1.85% | 1.84% |
| Aegis Logistics Ltd. | 1.83% | 1.83% |
| Siemens Energy India Ltd. | 1.80% | 1.80% |
| Adani Total Gas Ltd. | 1.74% | 1.74% |
| Adani Energy Solutions Ltd. | 1.70% | 1.70% |
| Adani Green Energy Ltd. | 1.70% | 1.70% |
| Hindustan Petroleum Corporation Ltd. | 1.23% | 1.23% |
| JSW Energy Ltd. | 1.21% | 1.20% |
| TD Power Systems Ltd. | 1.14% | 1.14% |
| NHPC Ltd. | 1.09% | 1.09% |
| Indraprastha Gas Ltd. | 1.08% | 1.08% |
| Torrent Power Ltd. | 0.94% | 0.94% |
| Thermax Ltd. | 0.83% | 0.83% |
| Mahanagar Gas Ltd. | 0.64% | 0.64% |
| Inox Wind Ltd. | 0.43% | 0.43% |
| NLC India Ltd. | 0.38% | 0.38% |
| Castrol India Ltd. | 0.35% | 0.35% |
| NTPC Green Energy Ltd. | 0.34% | 0.34% |
| CESC Ltd. | 0.34% | 0.34% |
| Nava Ltd. | 0.31% | 0.31% |
| Jaiprakash Power Ventures Ltd. | 0.29% | 0.29% |
| Reliance Power Ltd. | 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 Mirae Asset Nifty Energy ETF
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Nifty Energy ETF
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 | Mirae Asset Nifty Energy ETF | Motilal Oswal 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 | Mirae Asset Nifty Energy ETF | Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Large Cap | 72.6% | 72.6% |
| Mid Cap | 20.8% | 20.7% |
| 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 | Mirae Asset Nifty Energy ETF | Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Power | 25.1% | 25.1% |
| Electrical Equipment | 24.9% | 24.9% |
| Petroleum Products | 15.5% | 15.5% |
| Gas | 12.4% | 12.4% |
| Oil | 11.8% | 11.8% |
| Consumable Fuels | 10.2% | 10.2% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty Energy ETF | Motilal Oswal Nifty Energy ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.29% | 0.45% |
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.
Mirae Asset Nifty Energy ETF vs Motilal Oswal Nifty Energy ETF: Frequently Asked Questions
What is the difference between Mirae Asset Nifty Energy ETF and Motilal Oswal Nifty Energy ETF?
Mirae Asset Nifty Energy ETF is an ETF fund, Motilal Oswal Nifty Energy ETF is an ETF fund, run by Mirae Asset Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 99.9%. Mirae Asset Nifty Energy ETF charges 0.48% a year and Motilal Oswal Nifty Energy ETF 0.78%.
Which has the lower expense ratio, Mirae Asset Nifty Energy ETF or Motilal Oswal Nifty Energy ETF?
Mirae Asset Nifty Energy ETF charges less: 0.48% a year against 0.78%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty Energy ETF and Motilal Oswal Nifty Energy ETF 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, Mirae Asset Nifty Energy ETF or Motilal Oswal Nifty Energy ETF?
On SEBI's riskometer, Mirae Asset Nifty Energy ETF is rated Very High and Motilal Oswal Nifty Energy ETF Very High. Over their common history, the standard deviation of daily returns was 16.50% and 16.14% a year.
Can I invest in both Mirae Asset Nifty Energy ETF and Motilal Oswal Nifty Energy ETF?
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 Mirae Asset Nifty Energy ETF and Motilal Oswal Nifty Energy ETF?
Mirae Asset Nifty Energy ETF: Ekta Gala, amp, Vishal Singh. Motilal Oswal Nifty Energy ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.