October 29, 2025
RA Jainee
Mirae Asset Nifty Energy ETF-Growth
Mirae Asset Nifty Energy ETF-Growth snapshot
| NFO opens on | 31 October 2025 |
| NFO Closes on | 04 November 2025 |
| Min. Investment | Rs. 5000 |
| Plans | Growth |
| Sahifund Verdict | This NFO may suit investors with a high risk appetite and 5+ year horizon, who are comfortable with all-cap, thematic equity exposure. Conservative investors or those seeking proven performance may be better served with established Flexicap funds. |
⏱️ Last Update: 29 October 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Mirae Asset Nifty Energy ETF-Growth Open Date, Close Date?
NFO opens on October 31, 2025
NFO will close on November 04, 2025
Investment Strategy for this NFO?
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Energy Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Basic Details
| Fund House | Mirae Asset Mutual Fund |
| Issue Open | 31 October 2025 |
| Issue Close | 04 November 2025 |
| Type | Open-ended |
| Category | Equity: Thematic-Energy |
| Min. Investment(₹) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY Energy TRI |
About Benchmark Index for this NFO?
Nifty Energy Index includes companies belonging to Petroleum, Gas and Power sectors. The Index comprises of 40 companies listed on National Stock Exchange of India (NSE).
Nifty Energy Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value. Nifty Energy Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Energy Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 40 |
| Launch Date | July 01, 2005 |
| Base Date | January 01, 2001 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Mirae Asset Nifty Energy ETF-Growth
1) Akshay Udeshi
Education: Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience: Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
2) Ekta Gala
Education: Ms. Gala is a B.Com & Inter CA (IPCC)
Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
AMC
Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 – 6th Floor, Windsor Building – Off. CST Road, Kalina, Santacruz (East), Mumbai – 400098
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Mirae Asset Nifty Energy ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Energy TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -4.29 | -0.54 | -20.49 | 18.42 | 15.44 |
| Total Return | -3.70 | 0.72 | -19.26 | 20.60 | 18.08 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 19.26 | 20.20 | 24.80 |
| Beta (NIFTY 50) | 1.16 | 1.03 | 0.97 |
| Correlation (NIFTY 50) | 0.78 | 0.73 | 0.83 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 15.32 | 2.28 | 2.33 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Reliance Industries Ltd. | 10.01 |
| Oil & Natural Gas Corporation Ltd. | 9.62 |
| Coal India Ltd. | 9.16 |
| NTPC Ltd. | 6.71 |
| Power Grid Corporation of India Ltd. | 5.28 |
| Suzlon Energy Ltd. | 5.18 |
| GAIL (India) Ltd. | 4.92 |
| CG Power and Industrial Solutions Ltd | 3.95 |
| GE Vernova T&D India Ltd. | 2.85 |
| Tata Power Co. Ltd. | 2.71 |
Past Performance of Akshay Udeshi
| Fund | Mirae Asset Nifty 100 ESG Sector Leaders ETF | It’s Benchmark | Mirae Asset Nifty EV and New Age Automotive ETF | It’s Benchmark |
| 1 Year | 7.07 | 7.27 | -0.53 | 12.25 |
| 3 Year | 14.18 | 15.79 | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 29-10-2025
Past Performance of Ekta Gala
| Fund | Mirae Asset Nifty 50 ETF | It’s Benchmark | Mirae Asset Nifty Next 50 ETF | It’s Benchmark |
| 1 Year | 7.94 | 7.27 | -0.20 | 7.27 |
| 3 Year | 14.63 | 15.79 | 18.62 | 15.79 |
| 5 Year | 18.52 | 19.69 | 21.28 | 19.69 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 29-10-2025
[B] Review of Fund Managers
Akshay Udeshi
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Background: Mr. Udeshi has done B.E (Electronics) and MBA (Finance), Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Ekta Gala
-
Background: Ms. Gala is a B.Com & Inter CA (IPCC), Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Sahifund Verdict:
Since this is a thematic / sector-specific ETF (energy), it’s inherently more risky than a broad-market fund. If the energy sector under-performs (due to commodity prices, regulation, shift to renewables etc), the fund will suffer.
Energy stocks often swing widely based on commodity prices (oil, gas, coal), global demand/supply shocks, regulatory/tax changes. So returns may be more volatile.
Although it aims to replicate the index, in practice there will be expenses, trading costs, cash drag etc which can cause the ETF to underperform the index by a bit.
The Index invests in companies like Reliance Industries, ONGC, Coal India, NTPC, Powergrid etc.
The Index has given Total Return of 15.44% since inception, 18.42% in the last five years and -20.49% in the last one year.
This fund can be compared to the ICICI Prudential Nifty Oil & Gas ETF which is also a passive ETF.
Whereas the Baroda BNP Paribas Energy Opportunites Fund which is an active thematic fund.
The Mirae Asset Nifty Energy ETF gives you a passive, transparent way into the energy sector, with clearer benchmark, manageable structure.
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Mirae Asset Nifty Energy ETF-Growth NFO?
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