How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India Nifty 50 Value 20 Index Fund overlap?

They share 11 common holdings, a weighted portfolio overlap of about 47.56% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.

What does 47.56% 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

Nippon India ETF Nifty 50 Shariah BeES vs Nippon India Nifty 50 Value 20 Index Fund

Nippon India MF · ETFNippon India MF · Index Fund· as on Apr 2024

Weighted portfolio overlap

47.56%

Moderate overlap

Common

Only Nippon India ETF

Only Nippon India Nifty

11 of 30 unique stocks in common · Jaccard: 36.7%

Common holdings

Stock	in Nippon India ETF	in Nippon India Nifty
InfosysIT - Software	18.93%	13.72%
Tata Consultancy ServicesIT - Software	14.45%	10.47%
HCL TechnologiesIT - Software	5.40%	3.91%
Tata SteelFerrous Metals	5.08%	3.68%
Oil & Natural Gas CorporationOil	4.12%	2.99%
Coal IndiaConsumable Fuels	3.87%	2.80%
Grasim IndustriesCement & Cement Products	3.32%	2.41%
Tech MahindraIT - Software	2.99%	2.17%
Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology	2.82%	2.04%
WiproIT - Software	2.44%	1.77%
Hero MotoCorpAutomobiles	2.20%	1.60%

FAQ

How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India Nifty 50 Value 20 Index Fund overlap?: They share 11 common holdings, a weighted portfolio overlap of about 47.56% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.
What does 47.56% 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 Apr 2024). Equity holdings only, ISIN-verified. Not investment advice.