How much do IB23-Groww Nifty EV & New Age Automotive ETF and UTI - Transportation and Logistics Fund overlap?

They share 16 common holdings, a weighted portfolio overlap of about 41.08% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 41.08% 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 - Transportation and Logistics Fund

Groww MF · ETFUTI MF · Sectoral / Thematic· as on May 2026

Weighted portfolio overlap

41.08%

Moderate overlap

Common

Only IB23-Groww

Only UTI

16 of 62 unique stocks in common · Jaccard: 25.8%

Common holdings

Stock	in IB23-Groww	in UTI
Maruti Suzuki IndiaAutomobiles	7.97%	8.79%
Mahindra & MahindraAutomobiles	7.91%	12.74%
Bajaj AutoAutomobiles	3.01%	6.82%
Eicher MotorsAutomobiles	2.94%	7.79%
TVS Motor CompanyAutomobiles	2.51%	3.81%
Tata MotorsAgricultural, Commercial & Construction Vehicles	3.19%	2.48%
Tata Motors Passenger VehiclesAutomobiles	4.94%	2.48%
Hero MotoCorpAutomobiles	2.19%	3.92%
Samvardhana Motherson InternationalAuto Components	4.01%	1.88%
Motherson Sumi Wiring IndiaAuto Components	2.41%	1.86%
BoschAuto Components	3.87%	1.27%
Sona BLW Precision ForgingsAuto Components	4.25%	1.23%
Hyundai Motor IndiaAutomobiles	1.06%	3.92%
Schaeffler IndiaAuto Components	3.24%	0.90%
Ashok LeylandAgricultural, Commercial & Construction Vehicles	1.24%	0.78%
Bharat ForgeAuto Components	1.08%	0.60%

FAQ

How much do IB23-Groww Nifty EV & New Age Automotive ETF and UTI - Transportation and Logistics Fund overlap?: They share 16 common holdings, a weighted portfolio overlap of about 41.08% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 41.08% 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.