How much do IB23-Groww Nifty EV & New Age Automotive ETF and IB44-Groww Nifty 50 ETF overlap?

They share 7 common holdings, a weighted portfolio overlap of about 11.55% (low overlap — mostly different holdings), as on Oct 2025. Information only, not investment advice.

What does 11.55% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

IB23-Groww Nifty EV & New Age Automotive ETF vs IB44-Groww Nifty 50 ETF

Groww MF · ETFGroww MF · ETF· as on Oct 2025

Weighted portfolio overlap

11.55%

Low overlap

Common

Only IB23-Groww

Only IB44-Groww

7 of 81 unique stocks in common · Jaccard: 8.6%

Common holdings

Stock	in IB23-Groww	in IB44-Groww
Reliance IndustriesPetroleum Products	4.34%	8.47%
Mahindra & MahindraAutomobiles	7.91%	2.60%
Maruti Suzuki IndiaAutomobiles	7.97%	1.79%
Bajaj AutoAutomobiles	3.01%	0.83%
Eicher MotorsAutomobiles	2.94%	0.81%
Tata Motors Passenger VehiclesAutomobiles	4.94%	0.72%
Tata MotorsAgricultural, Commercial & Construction Vehicles	3.19%	0.46%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and IB44-Groww Nifty 50 ETF overlap?: They share 7 common holdings, a weighted portfolio overlap of about 11.55% (low overlap — mostly different holdings), as on Oct 2025. Information only, not investment advice.
What does 11.55% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on Oct 2025). Equity holdings only, ISIN-verified. Not investment advice.