Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Motilal Oswal Nifty Oil & Gas ETF is a mutual fund and SBI Energy Opportunities Fund is a Thematic fund. Motilal Oswal Nifty Oil & Gas ETF charges 5.14% a year and SBI Energy Opportunities Fund 0.92%. Their portfolios overlap 38.3%: they hold 9 of the same securities.
Which is better, Motilal Oswal Nifty Oil & Gas ETF or SBI Energy Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Energy Opportunities costs less: 0.92% a year against 5.14%.
- Motilal Oswal Nifty Oil & Gas ETF fell less in its worst fall since 06-08-2026: −8.8% against −10.5%.
- Motilal Oswal Nifty Oil & Gas ETF holds more in large companies: 74.2% of the fund in large caps against 43.7%.
- SBI Energy Opportunities is the larger fund: ₹7,966 Cr against ₹1 Cr.
- Their portfolios overlap 38.3%: 9 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 | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | SBI Mutual Fund |
| Category | Not available | Thematic |
| AUM | ₹1 Cr (30-09-2026) | ₹7,966 Cr (30-09-2026) |
| NAV | ₹10.32 | ₹10.40 (Direct) |
| Expense ratio (Direct) | Not available | 0.92% |
| Expense ratio (Regular) | Not available | 1.87% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Energy TRI |
| Launch date | Not available | 26-02-2024 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Raj Gandhi |
| Exit load | Not available | Exit load of 1%, if redeemed within 30 days. |
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: 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 |
|---|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Oil & Gas ETF | −2.92% | -- | -- | -- | -- | -- | -- |
| SBI Energy Opportunities Fund (Direct) | −4.33% | −8.56% | −9.69% | −6.54% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: Year-wise Returns
| Year | Motilal Oswal Nifty Oil & Gas ETFMotilal Oswal Nifty Oil & Gas ETF | SBI Energy OpportunitiesSBI Energy Opportunities |
|---|---|---|
| 2026to date | -- | −5.57% |
| 2025 | -- | +5.90% |
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: Rolling Returns
Every holding period of both funds, against Nifty Oil & Gas TRI, the benchmark of Motilal Oswal Nifty Oil & Gas ETF
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −32.43% | +1.14% |
| Standard deviation | 11.94% | 17.92% |
| Sharpe ratio | -3.15 | -0.27 |
| Sortino ratio | -3.65 | -0.34 |
| Maximum drawdown | −8.8% (12-10-2026) | −28.0% (03-03-2025) |
| Beta | 1.00 | 0.85 |
| Alpha | −0.33% | +3.25% |
From daily NAVs, 06-08-2026 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.
Motilal Oswal Nifty Oil & Gas ETF
SBI Energy Opportunities Fund (Direct)
Nifty Oil & Gas TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Oil & Gas ETF | −8.8% | 07-08-2026 | 12-10-2026 | Not yet | -- | −8.8% |
| SBI Energy Opportunities Fund (Direct) | −10.5% | 06-08-2026 | 23-10-2026 | Not yet | -- | −9.8% |
| Nifty Oil & Gas TRI | −8.8% | 07-08-2026 | 28-10-2026 | Not yet | -- | −8.7% |
From daily values since 06-08-2026, the first day every fund has.
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Nifty Oil & Gas ETF, September 2026; SBI Energy Opportunities Fund, September 2026
Holdings in common
- Overlap
- 38.3%
- Held by both
- 9
- Only in Motilal Oswal Nifty Oil & Gas ETF
- 6
- Only in SBI Energy Opportunities
- 30
| Security | % of Motilal Oswal Nifty Oil & Gas ETF | % of SBI Energy Opportunities |
|---|---|---|
| Reliance Industries Limited | 32.58% | 8.86% |
| GAIL (India) Limited | 7.81% | 8.01% |
| Oil & Natural Gas Corporation Limited | 14.88% | 7.74% |
| Bharat Petroleum Corporation Limited | 10.33% | 4.63% |
| Petronet LNG Limited | 3.62% | 4.72% |
| Indian Oil Corporation Limited | 8.56% | 2.99% |
| Indraprastha Gas Limited | 1.73% | 2.04% |
| Castrol India Limited | 1.62% | 0.88% |
| Oil India Limited | 4.15% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.3% means 38.3% 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 Motilal Oswal Nifty Oil & Gas ETF
| Security | % of fund |
|---|---|
| Hindustan Petroleum Corporation Limited | 5.71% |
| Aegis Logistics Limited | 2.94% |
| Adani Total Gas Limited | 2.79% |
| Chennai Petroleum Corporation Limited | 1.17% |
| Mahanagar Gas Limited | 1.02% |
Largest holdings only in SBI Energy Opportunities Fund
| Security | % of fund |
|---|---|
| Gujarat Energy Ltd. | 5.61% |
| Kalpataru Projects International Ltd. | 5.07% |
| NTPC Ltd. | 4.56% |
| Savita Oil Technologies Ltd. | 3.85% |
| JSW Energy Ltd. | 3.77% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities |
|---|---|---|
| Equity | 99.6% | 97.4% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.4% | 2.5% |
Market cap of stocks
| Market cap | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities |
|---|---|---|
| Large Cap | 74.2% | 43.7% |
| Mid Cap | 16.3% | 21.6% |
| Small Cap | 9.2% | 28.1% |
| Not on AMFI's list | 0.0% | 4.1% |
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 | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities |
|---|---|---|
| Petroleum Products | 60.0% | 21.2% |
| Gas | 19.9% | 21.5% |
| Oil | 19.8% | 8.1% |
| Power | 0.0% | 16.6% |
| Electrical Equipment | 0.0% | 7.1% |
| Construction | 0.0% | 5.5% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Nifty Oil & Gas ETF | SBI Energy Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.92% |
| Base expense ratio (Direct) | 0.00% | 0.71% |
| Total expense ratio (Regular) | Not available | 1.87% |
| Base expense ratio (Regular) | 0.35% | 1.53% |
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.
More comparisons
Each fund against the others of its category
Compare SBI Energy Opportunities with
Motilal Oswal Nifty Oil & Gas ETF vs SBI Energy Opportunities Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Nifty Oil & Gas ETF and SBI Energy Opportunities Fund?
Motilal Oswal Nifty Oil & Gas ETF is a mutual fund, SBI Energy Opportunities Fund is a Thematic fund, run by Motilal Oswal Mutual Fund and SBI Mutual Fund. Their portfolios overlap 38.3%. Motilal Oswal Nifty Oil & Gas ETF charges 5.14% a year and SBI Energy Opportunities Fund 0.92%.
Which has the lower expense ratio, Motilal Oswal Nifty Oil & Gas ETF or SBI Energy Opportunities Fund?
SBI Energy Opportunities Fund charges less: 0.92% a year against 5.14%. These are the total expense ratios reported to AMFI.
How much do Motilal Oswal Nifty Oil & Gas ETF and SBI Energy Opportunities Fund overlap?
38.3%. They hold 9 of the same securities, the largest shared ones being RELIANCE, GAIL, ONGC. From each fund's latest monthly portfolio.
Can I invest in both Motilal Oswal Nifty Oil & Gas ETF and SBI Energy Opportunities Fund?
Yes. 38.3% 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.