EDEL NIFTY ALPHA LOW VOLATILITY 30 INDEX FUND vs ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Edelweiss vs ICICI· Portfolio Overlap Analysis
100.0%High Overlap
30 common stocksRank #199 / 5,000
Investor takeaway: These funds overlap 100.0%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (30)
| Stock | Wt% in EDEL NIFTY ALPHA LOW VOLATILIT | Wt% in ICICI Prudential Nifty Alpha L | Overlap |
|---|---|---|---|
State Bank of India Banks | 4.97% | 4.97% | 4.97% |
ICICI Bank Ltd. Banks | 4.36% | 4.36% | 4.36% |
SBI Life Insurance Company Ltd. Insurance | 4.24% | 4.24% | 4.24% |
HDFC Bank Ltd. Banks | 4.21% | 4.21% | 4.21% |
Eicher Motors Ltd. Automobiles | 4.11% | 4.11% | 4.11% |
Maruti Suzuki India Ltd. Automobiles | 3.81% | 3.81% | 3.81% |
Britannia Industries Ltd. Food Products | 3.79% | 3.79% | 3.79% |
Titan Company Ltd. Consumer Durables | 3.70% | 3.70% | 3.70% |
Nestle India Ltd. Food Products | 3.59% | 3.59% | 3.59% |
The Federal Bank Ltd. Banks | 3.45% | 3.45% | 3.45% |
Bajaj Finance Ltd. Finance | 3.45% | 3.45% | 3.45% |
TVS Motor Company Ltd. Automobiles | 3.36% | 3.36% | 3.36% |
Reliance Industries Ltd. Petroleum Products | 3.29% | 3.29% | 3.29% |
Max Financial Services Ltd. Insurance | 3.29% | 3.29% | 3.29% |
Bharti Airtel Ltd. Telecom - Services | 3.28% | 3.28% | 3.28% |
Apollo Hospitals Enterprise Ltd. Healthcare Services | 3.27% | 3.27% | 3.27% |
Pidilite Industries Ltd. Chemicals & Petrochemicals | 3.18% | 3.18% | 3.18% |
Tata Consumer Products Ltd. Agricultural Food & other Products | 3.17% | 3.17% | 3.17% |
HDFC Life Insurance Company Ltd. Insurance | 3.16% | 3.16% | 3.16% |
Torrent Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology | 3.12% | 3.12% | 3.12% |
Asian Paints Ltd. Consumer Durables | 3.07% | 3.07% | 3.07% |
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology | 3.02% | 3.02% | 3.02% |
Ultratech Cement Ltd. Cement & Cement Products | 2.97% | 2.97% | 2.97% |
Bajaj Finserv Ltd. Finance | 2.96% | 2.96% | 2.96% |
Marico Ltd. Agricultural Food & other Products | 2.87% | 2.87% | 2.87% |
Kotak Mahindra Bank Ltd. Banks | 2.86% | 2.86% | 2.86% |
Dr. Reddy's Laboratories Ltd. Pharmaceuticals & Biotechnology | 2.81% | 2.81% | 2.81% |
Grasim Industries Ltd. Cement & Cement Products | 2.59% | 2.59% | 2.59% |
Shree Cement Ltd. Cement & Cement Products | 2.40% | 2.40% | 2.40% |
SBI Cards & Payment Services Ltd. Finance | 1.60% | 1.60% | 1.60% |
Unique to EDEL NIFTY ALPHA LOW VOLATILIT
All top holdings are shared with the other fund.
Unique to ICICI Prudential Nifty Alpha L
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks19.9% (5)
Automobiles11.3% (3)
Insurance10.7% (3)
Pharmaceuticals & Biotechnology8.9% (3)
Finance8.0% (3)
Cement & Cement Products8.0% (3)
Food Products7.4% (2)
Consumer Durables6.8% (2)
Agricultural Food & other Products6.0% (2)
Petroleum Products3.3% (1)
Telecom - Services3.3% (1)
Healthcare Services3.3% (1)
Chemicals & Petrochemicals3.2% (1)
More comparisons for EDEL NIFTY ALPHA LOW VOLATILIT
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More comparisons for ICICI Prudential Nifty Alpha L
- vs Nippon India Nifty Alpha Low V99.9% · 30 stocks
- vs Kotak Nifty 100 Low Volatility67.1% · 20 stocks
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- vs ICICI Prudential Nifty 100 Low66.5% · 20 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.