How much do IB23-Groww Nifty EV & New Age Automotive ETF and UTI BSE Sensex ETF overlap?

They share 3 common holdings, a weighted portfolio overlap of about 9.36% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 9.36% 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 UTI BSE Sensex ETF

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

Weighted portfolio overlap

9.36%

Low overlap

Common

Only IB23-Groww

Only UTI

3 of 64 unique stocks in common · Jaccard: 4.7%

Common holdings

Stock	in IB23-Groww	in UTI
Reliance IndustriesPetroleum Products	4.34%	10.08%
Mahindra & MahindraAutomobiles	7.91%	3.07%
Maruti Suzuki IndiaAutomobiles	7.97%	1.95%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and UTI BSE Sensex ETF overlap?: They share 3 common holdings, a weighted portfolio overlap of about 9.36% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 9.36% 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.