How much do IB23-Groww Nifty EV & New Age Automotive ETF and Nippon India ETF S&P BSE Sensex overlap?

They share 4 common holdings, a weighted portfolio overlap of about 10.96% (low overlap — mostly different holdings), as on Oct 2025. Information only, not investment advice.

What does 10.96% 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 Nippon India ETF S&P BSE Sensex

Groww MF · ETFNippon India MF · ETF· as on Oct 2025

Weighted portfolio overlap

10.96%

Low overlap

Common

Only IB23-Groww

Only Nippon

4 of 63 unique stocks in common · Jaccard: 6.3%

Common holdings

Stock	in IB23-Groww	in Nippon
Reliance IndustriesPetroleum Products	4.34%	11.86%
Mahindra & MahindraAutomobiles	7.91%	2.42%
Tata Motors Passenger VehiclesAutomobiles	4.94%	2.12%
Maruti Suzuki IndiaAutomobiles	7.97%	2.08%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and Nippon India ETF S&P BSE Sensex overlap?: They share 4 common holdings, a weighted portfolio overlap of about 10.96% (low overlap — mostly different holdings), as on Oct 2025. Information only, not investment advice.
What does 10.96% 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.