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

They share 6 common holdings, a weighted portfolio overlap of about 13.05% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 13.05% 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 Next 50 ETF

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

Weighted portfolio overlap

13.05%

Low overlap

Common

Only IB23-Groww

Only ICICI

6 of 85 unique stocks in common · Jaccard: 7.1%

Common holdings

Stock	in IB23-Groww	in ICICI
Tata MotorsAgricultural, Commercial & Construction Vehicles	3.19%	3.15%
Samvardhana Motherson InternationalAuto Components	4.01%	2.56%
TVS Motor CompanyAutomobiles	2.51%	3.13%
CG Power and Industrial SolutionsElectrical Equipment	3.89%	2.50%
BoschAuto Components	3.87%	1.26%
Hyundai Motor IndiaAutomobiles	1.06%	1.09%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and ICICI Prudential Nifty Next 50 ETF overlap?: They share 6 common holdings, a weighted portfolio overlap of about 13.05% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 13.05% 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.