How much do IB23-Groww Nifty EV & New Age Automotive ETF and ICICI Prudential Nifty Auto ETF overlap?

They share 15 common holdings, a weighted portfolio overlap of about 46.99% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 46.99% 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 ICICI Prudential Nifty Auto ETF

Groww MF · ETFICICI Pru MF · ETF· as on May 2026

Weighted portfolio overlap

46.99%

Moderate overlap

Common

Only IB23-Groww

Only ICICI

15 of 37 unique stocks in common · Jaccard: 40.5%

Common holdings

Stock	in IB23-Groww	in ICICI
Maruti Suzuki IndiaAutomobiles	7.97%	14.63%
Mahindra & MahindraAutomobiles	7.91%	23.12%
Tata Motors Passenger VehiclesAutomobiles	4.94%	7.01%
Samvardhana Motherson InternationalAuto Components	4.01%	5.48%
Bajaj AutoAutomobiles	3.01%	9.84%
Eicher MotorsAutomobiles	2.94%	8.39%
BoschAuto Components	3.87%	2.69%
TVS Motor CompanyAutomobiles	2.51%	6.70%
Sona BLW Precision ForgingsAuto Components	4.25%	2.32%
Hero MotoCorpAutomobiles	2.19%	5.41%
UNO MindaAuto Components	3.79%	1.70%
Exide IndustriesAuto Components	3.48%	1.50%
Ashok LeylandAgricultural, Commercial & Construction Vehicles	1.24%	3.78%
Bharat ForgeAuto Components	1.08%	4.44%
Tube Investments of IndiaAuto Components	0.98%	2.85%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and ICICI Prudential Nifty Auto ETF overlap?: They share 15 common holdings, a weighted portfolio overlap of about 46.99% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 46.99% 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.