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

They share 12 common holdings, a weighted portfolio overlap of about 41.1% (moderate overlap — a meaningful shared core), as on Oct 2025. Information only, not investment advice.

What does 41.1% 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 Nifty Auto ETF

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

Weighted portfolio overlap

41.1%

Moderate overlap

Common

Only IB23-Groww

Only Nippon

12 of 40 unique stocks in common · Jaccard: 30%

Common holdings

Stock	in IB23-Groww	in Nippon
Maruti Suzuki IndiaAutomobiles	7.97%	16.00%
Mahindra & MahindraAutomobiles	7.91%	19.51%
Tata Motors Passenger VehiclesAutomobiles	4.94%	16.78%
Bajaj AutoAutomobiles	3.01%	9.53%
Eicher MotorsAutomobiles	2.94%	5.95%
Samvardhana Motherson InternationalAuto Components	4.01%	2.94%
TVS Motor CompanyAutomobiles	2.51%	4.53%
BoschAuto Components	3.87%	2.37%
Hero MotoCorpAutomobiles	2.19%	5.58%
Exide IndustriesAuto Components	3.48%	2.00%
Ashok LeylandAgricultural, Commercial & Construction Vehicles	1.24%	2.62%
Bharat ForgeAuto Components	1.08%	3.08%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and Nippon India Nifty Auto ETF overlap?: They share 12 common holdings, a weighted portfolio overlap of about 41.1% (moderate overlap — a meaningful shared core), as on Oct 2025. Information only, not investment advice.
What does 41.1% 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.