IB47-Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF
Groww vs ICICI· Portfolio Overlap Analysis
99.5%High Overlap
50 common stocksRank #1529 / 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 IB47-Groww Nifty Next 50 ETF | Wt% in ICICI Prudential Nifty Next 50 | Overlap |
|---|---|---|---|
Vedanta Limited Diversified Metals | 5.22% | 5.24% | 5.22% |
TVS Motor Company Limited Automobiles | 3.89% | 3.91% | 3.89% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 3.49% | 3.50% | 3.49% |
Bharat Petroleum Corporation Limited Petroleum Products | 3.20% | 3.21% | 3.20% |
Hindustan Aeronautics Limited Aerospace & Defense | 3.18% | 3.19% | 3.18% |
Cholamandalam Invest & Finance Co Ltd Finance | 3.14% | 3.15% | 3.14% |
Britannia Industries Limited Food Products | 3.02% | 3.04% | 3.02% |
Indian Oil Corporation Limited Petroleum Products | 3.00% | 3.01% | 3.00% |
The Tata Power Company Limited Power | 2.72% | 2.73% | 2.72% |
Varun Beverages Limited Beverages | 2.65% | 2.66% | 2.65% |
Power Finance Corporation Limited Finance | 2.58% | 2.59% | 2.58% |
Bank of Baroda Banks | 2.56% | 2.57% | 2.56% |
Samvardhana Motherson International Ltd Auto Components | 2.54% | 2.55% | 2.54% |
The Indian Hotels Company Limited Leisure Services | 2.51% | 2.52% | 2.51% |
Avenue Supermarts Limited Retailing | 2.42% | 2.44% | 2.42% |
Adani Power Limited Power | 2.37% | 2.38% | 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 Limited Personal Products | 2.10% | 2.11% | 2.10% |
Bajaj Holdings & Investment.Ltd Finance | 2.01% | 2.01% | 2.01% |
Jindal Steel & Power Limited Ferrous Metals | 1.99% | 2.00% | 1.99% |
Pidilite Industries Limited Chemicals & Petrochemicals | 1.98% | 1.99% | 1.98% |
ICICI Lombard General Insurance Company Insurance | 1.97% | 1.98% | 1.97% |
GAIL (India) Limited Gas | 1.96% | 1.97% | 1.96% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 1.94% | 1.95% | 1.94% |
Punjab National Bank Banks | 1.91% | 1.92% | 1.91% |
REC Limited Finance | 1.87% | 1.88% | 1.87% |
LTIMindtree Ltd IT - Software | 1.77% | 1.78% | 1.77% |
United Spirits Limited Beverages | 1.75% | 1.75% | 1.75% |
Info Edge (India) Limited Retailing | 1.71% | 1.72% | 1.71% |
DLF Limited Realty | 1.66% | 1.67% | 1.66% |
Havells India Limited Consumer Durables | 1.51% | 1.52% | 1.51% |
Adani Energy Solutions Limited Power | 1.50% | 1.51% | 1.50% |
Shree Cement Limited Cement & Cement Products | 1.49% | 1.50% | 1.49% |
Solar Industries India Limited Chemicals & Petrochemicals | 1.39% | 1.41% | 1.39% |
ABB India Limited Electrical Equipment | 1.36% | 1.37% | 1.36% |
Bosch Limited Auto Components | 1.34% | 1.35% | 1.34% |
Hyundai Motor India Limited Automobiles | 1.32% | 1.33% | 1.32% |
Ambuja Cements Limited Cement & Cement Products | 1.31% | 1.31% | 1.31% |
Siemens Limited Electrical Equipment | 1.30% | 1.30% | 1.30% |
Adani Green Energy Limited Power | 1.24% | 1.25% | 1.24% |
Lodha Developers Limited Realty | 1.19% | 1.20% | 1.19% |
Hindustan Zinc Limited Non - Ferrous Metals | 1.12% | 1.13% | 1.12% |
JSW Energy Limited Power | 1.12% | 1.13% | 1.12% |
Siemens Energy India Limited Electrical Equipment | 1.11% | 1.11% | 1.11% |
Zydus Lifesciences Limited 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% | 0.80% | 0.79% |
Mazagon Dock Shipbuilders Limited Industrial Manufacturing | 0.72% | 0.73% | 0.72% |
Bajaj Housing Finance Ltd Finance | 0.35% | 0.35% | 0.35% |
Unique to IB47-Groww Nifty Next 50 ETF
All top holdings are shared with the other fund.
Unique to ICICI Prudential Nifty Next 50
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.