Nifty Energy index funds and ETFs
3 index funds and ETFs track the Nifty Energy, as each fund house reported for Sep 2026. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.
ETFs on the Nifty Energy
Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.
Mirae Asset Nifty Energy ETFMirae Asset Mutual FundTracking difference–After fee–Tracking error0.10%Expense ratio0.48%Fund size, ₹ Cr281Premium or discount+0.01%
Motilal Oswal Nifty Energy ETFMotilal Oswal Mutual FundTracking difference–After fee–Tracking error0.05%Expense ratio0.79%Fund size, ₹ Cr60Premium or discount−0.05%
Axis Nifty Energy ETFAxis Mutual FundTracking difference–After fee–Tracking error0.13%Expense ratio–Fund size, ₹ Cr7Premium or discount+0.23%
About Nifty Energy index funds and ETFs
Nifty Energy index funds and ETFs are exchange-traded funds that hold the 40 petroleum, gas and power companies of the Nifty Energy index, an NSE Indices index, so their return follows the index less costs.
The index they track
The Nifty Energy index holds 40 companies from the energy sector that sit in the Nifty 500, chosen by free-float market capitalisation (company size counted only on the shares that can trade). Weights follow free-float market capitalisation, with no single stock above 10% and no industry above 25% at each rebalancing. The index is rebalanced twice a year, with cut-off dates of 31 Jan and 31 Jul. It has a base date of 1 Jan 2001 at 1000 and launched on 1 Jul 2005.
ETFs only
The funds on this index are all ETFs: funds listed on the exchange, bought and sold through a broker at a market price that can differ from NAV (net asset value, the value of one unit). The premium column is the median, across the month's trading days, of each day's close divided by that day's NAV, less one.
Tracking difference and tracking error
Tracking difference is the fund's one-year return minus the index's, usually below zero because costs reduce returns. The after fee figure adds the year's average expense ratio back, leaving the gap that cost does not explain. Tracking error is a yearly figure for how much the daily returns differed from the index.
Expense ratio and fund size
The expense ratio is the yearly fee as a share of assets, taken out of the NAV every day, so the returns shown are already net of it. Fund size counts assets across all plans.
How the page orders funds
Funds are sorted closest to the index first, then by the lowest expense ratio. A dash means the figure is not available for that fund.