How much do ICICI Prudential Nifty Auto ETF and Nippon India Nifty Auto ETF overlap?

They share 12 common holdings, a weighted portfolio overlap of about 79.07% (significant overlap — largely the same bets), as on May 2026. Information only, not investment advice.

What does 79.07% 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

ICICI Prudential Nifty Auto ETF vs Nippon India Nifty Auto ETF

ICICI Pru MF · ETFNippon India MF · ETF· as on May 2026

Weighted portfolio overlap

79.07%

Significant overlap

Common

Only ICICI

Only Nippon

12 of 18 unique stocks in common · Jaccard: 66.7%

Common holdings

Stock	in ICICI	in Nippon
Mahindra & MahindraAutomobiles	23.12%	19.51%
Maruti Suzuki IndiaAutomobiles	14.63%	16.00%
Bajaj AutoAutomobiles	9.84%	9.53%
Tata Motors Passenger VehiclesAutomobiles	7.01%	16.78%
Eicher MotorsAutomobiles	8.39%	5.95%
Hero MotoCorpAutomobiles	5.41%	5.58%
TVS Motor CompanyAutomobiles	6.70%	4.53%
Bharat ForgeAuto Components	4.44%	3.08%
Samvardhana Motherson InternationalAuto Components	5.48%	2.94%
Ashok LeylandAgricultural, Commercial & Construction Vehicles	3.78%	2.62%
BoschAuto Components	2.69%	2.37%
Exide IndustriesAuto Components	1.50%	2.00%

FAQ

How much do ICICI Prudential Nifty Auto ETF and Nippon India Nifty Auto ETF overlap?: They share 12 common holdings, a weighted portfolio overlap of about 79.07% (significant overlap — largely the same bets), as on May 2026. Information only, not investment advice.
What does 79.07% 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.