EDELWEISS NIFTY NEXT 50 INDEX FUND vs IB48-Groww Nifty Next 50 Index Fund
Edelweiss vs Groww· Portfolio Overlap Analysis
99.5%High Overlap
50 common stocksRank #1525 / 5,000
Investor takeaway: These funds overlap 99.5%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (50)
| Stock | Wt% in EDELWEISS NIFTY NEXT 50 INDEX | Wt% in IB48-Groww Nifty Next 50 Index | Overlap |
|---|---|---|---|
Vedanta Ltd. Diversified Metals | 5.22% | 5.23% | 5.22% |
TVS Motor Company Ltd. Automobiles | 3.89% | 3.90% | 3.89% |
Divi's Laboratories Ltd. Pharmaceuticals & Biotechnology | 3.49% | 3.50% | 3.49% |
Bharat Petroleum Corporation Ltd. Petroleum Products | 3.20% | 3.21% | 3.20% |
Hindustan Aeronautics Ltd. Aerospace & Defense | 3.18% | 3.19% | 3.18% |
Cholamandalam Investment & Finance Company Ltd. Finance | 3.14% | 3.14% | 3.14% |
Britannia Industries Ltd. Food Products | 3.03% | 3.03% | 3.03% |
Indian Oil Corporation Ltd. Petroleum Products | 3.00% | 3.01% | 3.00% |
Tata Power Company Ltd. Power | 2.72% | 2.72% | 2.72% |
VARUN BEVERAGES LIMITED Beverages | 2.65% | 2.65% | 2.65% |
Power Finance Corporation Ltd. Finance | 2.58% | 2.59% | 2.58% |
Bank of Baroda Banks | 2.56% | 2.56% | 2.56% |
Samvardhana Motherson International Ltd. Auto Components | 2.54% | 2.54% | 2.54% |
The Indian Hotels Company Ltd. Leisure Services | 2.51% | 2.51% | 2.51% |
Avenue Supermarts Ltd. Retailing | 2.43% | 2.43% | 2.43% |
Adani Power Ltd. Power | 2.37% | 2.37% | 2.37% |
Canara Bank Banks | 2.27% | 2.28% | 2.27% |
CG Power and Industrial Solutions Ltd. Electrical Equipment | 2.13% | 2.14% | 2.13% |
Godrej Consumer Products Ltd. Personal Products | 2.10% | 2.10% | 2.10% |
Bajaj Holdings & Investment Ltd. Finance | 2.00% | 2.01% | 2.00% |
Jindal Steel Ltd. Ferrous Metals | 1.99% | 2.00% | 1.99% |
Pidilite Industries Ltd. Chemicals & Petrochemicals | 1.99% | 1.99% | 1.99% |
ICICI Lombard General Insurance Co. Ltd. Insurance | 1.97% | 1.98% | 1.97% |
GAIL (India) Ltd. Gas | 1.96% | 1.96% | 1.96% |
Torrent Pharmaceuticals Ltd. Pharmaceuticals & Biotechnology | 1.94% | 1.94% | 1.94% |
Punjab National Bank Banks | 1.91% | 1.92% | 1.91% |
REC Ltd. Finance | 1.87% | 1.88% | 1.87% |
LTIMindtree Ltd. IT - Software | 1.77% | 1.77% | 1.77% |
United Spirits Ltd. Beverages | 1.75% | 1.75% | 1.75% |
Info Edge (India) Ltd. Retailing | 1.71% | 1.72% | 1.71% |
DLF Ltd. Realty | 1.66% | 1.66% | 1.66% |
Havells India Ltd. Consumer Durables | 1.51% | 1.51% | 1.51% |
Adani Energy Solutions Ltd. Power | 1.50% | 1.51% | 1.50% |
Shree Cement Ltd. Cement & Cement Products | 1.49% | 1.49% | 1.49% |
Solar Industries India Ltd. Chemicals & Petrochemicals | 1.41% | 1.40% | 1.40% |
ABB India Ltd. Electrical Equipment | 1.37% | 1.36% | 1.36% |
Bosch Ltd. Auto Components | 1.35% | 1.32% | 1.32% |
Hyundai Motor India Ltd. Automobiles | 1.32% | 1.32% | 1.32% |
Ambuja Cements Ltd. Cement & Cement Products | 1.31% | 1.31% | 1.31% |
Siemens Ltd. Electrical Equipment | 1.29% | 1.30% | 1.29% |
Adani Green Energy Ltd. Power | 1.24% | 1.25% | 1.24% |
Lodha Developers Ltd. Realty | 1.19% | 1.19% | 1.19% |
JSW Energy Ltd. Power | 1.12% | 1.12% | 1.12% |
Hindustan Zinc Ltd. Non - Ferrous Metals | 1.12% | 1.12% | 1.12% |
Siemens Energy India Ltd. Electrical Equipment | 1.11% | 1.11% | 1.11% |
Zydus Lifesciences Ltd. Pharmaceuticals & Biotechnology | 0.99% | 0.99% | 0.99% |
Life Insurance Corporation of India Insurance | 0.81% | 0.81% | 0.81% |
Indian Railway Finance Corporation Ltd. Finance | 0.79% | 0.79% | 0.79% |
Mazagon Dock Shipbuilders Ltd. Industrial Manufacturing | 0.72% | 0.73% | 0.72% |
Bajaj Housing Finance Ltd. Finance | 0.35% | 0.35% | 0.35% |
Unique to EDELWEISS NIFTY NEXT 50 INDEX
All top holdings are shared with the other fund.
Unique to IB48-Groww Nifty Next 50 Index
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Finance10.7% (6)
Power8.9% (5)
Banks6.7% (3)
Pharmaceuticals & Biotechnology6.4% (3)
Petroleum Products6.2% (2)
Electrical Equipment5.9% (4)
Diversified Metals5.2% (1)
Automobiles5.2% (2)
Beverages4.4% (2)
Retailing4.1% (2)
Auto Components3.9% (2)
Chemicals & Petrochemicals3.4% (2)
Aerospace & Defense3.2% (1)
Food Products3.0% (1)
Realty2.9% (2)
Cement & Cement Products2.8% (2)
Insurance2.8% (2)
Leisure Services2.5% (1)
Personal Products2.1% (1)
Ferrous Metals2.0% (1)
Gas2.0% (1)
IT - Software1.8% (1)
Consumer Durables1.5% (1)
Non - Ferrous Metals1.1% (1)
Industrial Manufacturing0.7% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.