How much do IB23-Groww Nifty EV & New Age Automotive ETF and Lic Mf Nifty Midcap 100 ETF overlap?

They share 8 common holdings, a weighted portfolio overlap of about 7.54% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 7.54% 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 Lic Mf Nifty Midcap 100 ETF

Groww MF · ETFLIC MF · ETF· as on May 2026

Weighted portfolio overlap

7.54%

Low overlap

Common

Only IB23-Groww

Only Lic

8 of 129 unique stocks in common · Jaccard: 6.2%

Common holdings

Stock	in IB23-Groww	in Lic
Hero MotoCorpAutomobiles	2.19%	1.91%
Ashok LeylandAgricultural, Commercial & Construction Vehicles	1.24%	1.34%
Bharat ForgeAuto Components	1.08%	1.57%
Tube Investments of IndiaAuto Components	0.98%	1.01%
KEI IndustriesIndustrial Products	3.88%	0.98%
Exide IndustriesAuto Components	3.48%	0.53%
Tata ElxsiIT - Software	3.79%	0.44%
KPIT TechnologiesIT - Software	3.72%	0.38%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and Lic Mf Nifty Midcap 100 ETF overlap?: They share 8 common holdings, a weighted portfolio overlap of about 7.54% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 7.54% 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.