How much do Nippon India Index Fund - S&P BSE Sensex Plan and Nippon India Nifty Alpha Low Volatility30IndexFund overlap?

They share 11 common holdings, a weighted portfolio overlap of about 27.62% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.

What does 27.62% 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 Index Fund - S&P BSE Sensex Plan vs Nippon India Nifty Alpha Low Volatility30IndexFund

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

Weighted portfolio overlap

27.62%

Moderate overlap

Common

Only Nippon India Index

Only Nippon India Nifty

11 of 49 unique stocks in common · Jaccard: 22.4%

Common holdings

Stock	in Nippon India Index	in Nippon India Nifty
ICICI BankBanks	9.41%	3.99%
Bharti AirtelTelecom - Services	3.90%	4.17%
Larsen & ToubroConstruction	4.94%	3.60%
ITCDiversified FMCG	4.74%	3.20%
Axis BankBanks	3.85%	2.85%
Maruti Suzuki IndiaAutomobiles	2.06%	4.30%
NTPCPower	2.01%	3.90%
Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology	1.89%	4.25%
Titan CompanyConsumer Durables	1.74%	3.15%
Ultratech CementCement & Cement Products	1.34%	3.07%
Nestle IndiaFood Products	1.04%	3.38%

FAQ

How much do Nippon India Index Fund - S&P BSE Sensex Plan and Nippon India Nifty Alpha Low Volatility30IndexFund overlap?: They share 11 common holdings, a weighted portfolio overlap of about 27.62% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.
What does 27.62% 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.