How much do IB41-Groww Nifty India Internet ETF and UTI Innovation Fund overlap?

They share 8 common holdings, a weighted portfolio overlap of about 34.57% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 34.57% 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

IB41-Groww Nifty India Internet ETF vs UTI Innovation Fund

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

Weighted portfolio overlap

34.57%

Moderate overlap

Common

Only IB41-Groww

Only UTI

8 of 41 unique stocks in common · Jaccard: 19.5%

Common holdings

Stock	in IB41-Groww	in UTI
EternalRetailing	18.65%	8.38%
Info Edge (India)Retailing	12.77%	7.99%
One 97 CommunicationsFinancial Technology (Fintech)	11.41%	5.49%
PB FintechFinancial Technology (Fintech)	14.35%	4.23%
FSN E-Commerce VenturesRetailing	8.06%	3.74%
Indiamart IntermeshRetailing	1.79%	3.34%
SwiggyRetailing	8.30%	1.68%
Nazara TechnologiesEntertainment	1.27%	2.71%

FAQ

How much do IB41-Groww Nifty India Internet ETF and UTI Innovation Fund overlap?: They share 8 common holdings, a weighted portfolio overlap of about 34.57% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 34.57% 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.