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Summary: We look at a thematic index that has beaten India’s stock market (represented by Nifty 500 TRI) more often than not in the long run. But there’s a catch because you may not be able to invest in it directly. That said, we offer more viable alternatives. Meet the energy index. Over the last 10 years, the Nifty Energy TRI has delivered a whopping 18.8 per cent annualised return. To put that into perspective, if you had invested Rs 1 lakh a decade ago, your investment would have grown to nearly Rs 5.6 lakh today. And India’s energy story is just heating up. According to the International Energy Agency, the country accounts for 10 per cent of the increase in global energy demand since 2000. Over that time, India’s own energy demand has risen by 60 per cent, and it’s still growing due to rapid urbanisation, industrialisation and economic growth. This is why investors have been paying special attention to the energy sector, a segment that not only powers India’s economy but also its stock market performance. Beating the market consistently To understand how consistent the energy sector’s returns have been, we looked at five-year daily rolling returns between October 2020 and October 2025, which smooth out the impact of short-term ups and downs. He
This article was originally published on October 08, 2025.





