Motilal Oswal Nifty 500 Momentum 50 ETF vs Nippon India Nifty 500 Momentum 50 Index Fund

Portfolio Overlap Analysis · Motilal vs Nippon

100.0%
High Overlap
50 common stocks · Rank #2 of 95,528 pairs
Fund A
Motilal Oswal Nifty 500 Momentum 50 ETF
Motilal · Equity - Other
Fund B
Nippon India Nifty 500 Momentum 50 Index Fund
Nippon · Equity - Other

Common Holdings (50)

StockWt% in Motilal Oswal Nifty 500 MomentWt% in Nippon India Nifty 500 MomentuOverlap
Shriram Finance Limited
Finance
5.43%5.43%5.43%
Eicher Motors Limited
Automobiles
5.36%5.36%5.36%
Bajaj Finance Limited
Finance
4.95%4.95%4.95%
Mahindra & Mahindra Limited
Automobiles
4.66%4.66%4.66%
Hindalco Industries Limited
Non - Ferrous Metals
4.58%4.58%4.58%
Maruti Suzuki India Limited
Automobiles
4.45%4.45%4.45%
Bharti Airtel Limited
Telecom - Services
4.44%4.43%4.43%
Asian Paints Limited
Consumer Durables
4.05%4.05%4.05%
TVS Motor Company Limited
Automobiles
3.75%3.75%3.75%
Hero MotoCorp Limited
Automobiles
3.36%3.36%3.36%
InterGlobe Aviation Limited
Transport Services
3.25%3.25%3.25%
BSE Limited
Capital Markets
3.21%3.21%3.21%
Multi Commodity Exchange of India Limited
Capital Markets
2.76%2.76%2.76%
The Federal Bank Limited
Banks
2.70%2.70%2.70%
Cummins India Limited
Industrial Products
2.56%2.56%2.56%
AU Small Finance Bank Limited
Banks
2.52%2.52%2.52%
Laurus Labs Limited
Pharmaceuticals & Biotechnology
2.44%2.44%2.44%
Muthoot Finance Limited
Finance
2.43%2.43%2.43%
Canara Bank
Banks
2.22%2.22%2.22%
Cholamandalam Investment and Finance Company Ltd
Finance
1.96%1.96%1.96%
L&T Finance Limited
Finance
1.89%1.89%1.89%
Max Financial Services Limited
Insurance
1.85%1.85%1.85%
Fortis Healthcare Limited
Healthcare Services
1.79%1.78%1.78%
One 97 Communications Limited
Financial Technology (Fintech)
1.75%1.75%1.75%
GE Vernova T&D India Limited
Electrical Equipment
1.69%1.68%1.68%
Indian Bank
Banks
1.65%1.65%1.65%
FSN E-Commerce Ventures Limited
Retailing
1.61%1.61%1.61%
Aditya Birla Capital Limited
Finance
1.61%1.60%1.60%
GMR Airports Limited
Transport Infrastructure
1.36%1.36%1.36%
UPL Limited
Fertilizers & Agrochemicals
1.28%1.28%1.28%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.11%1.11%1.11%
Karur Vysya Bank Limited
Banks
1.10%1.10%1.10%
Mahindra & Mahindra Financial Services Limited
Finance
1.08%1.08%1.08%
RBL Bank Limited
Banks
1.03%1.03%1.03%
Navin Fluorine International Limited
Chemicals & Petrochemicals
1.03%1.03%1.03%
Hitachi Energy India Limited
Electrical Equipment
1.00%0.99%0.99%
City Union Bank Limited
Banks
0.88%0.88%0.88%
Manappuram Finance Limited
Finance
0.66%0.66%0.66%
Radico Khaitan Limited
Beverages
0.65%0.65%0.65%
Force Motors Limited
Automobiles
0.59%0.59%0.59%
Anand Rathi Wealth Limited
Capital Markets
0.58%0.58%0.58%
Aster DM Healthcare Limited
Healthcare Services
0.47%0.47%0.47%
Asahi India Glass Limited
Auto Components
0.42%0.42%0.42%
Narayana Hrudayalaya Limited
Healthcare Services
0.38%0.38%0.38%
IIFL Finance Limited
Finance
0.37%0.37%0.37%
PTC Industries Limited
Industrial Products
0.31%0.31%0.31%
HBL Engineering Limited
Industrial Products
0.25%0.25%0.25%
Syrma SGS Technology Limited
Industrial Manufacturing
0.22%0.22%0.22%
Choice International Limited
Finance
0.19%0.19%0.19%
Gujarat Mineral Development Corporation Limited
Minerals & Mining
0.17%0.17%0.17%

Unique to Motilal Oswal Nifty 500 Moment

All top holdings are shared with the other fund.

Unique to Nippon India Nifty 500 Momentu

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Automobiles
22.2% (6)
Finance
20.6% (10)
Banks
12.1% (7)
Capital Markets
6.5% (3)
Non - Ferrous Metals
4.6% (1)
Telecom - Services
4.4% (1)
Consumer Durables
4.0% (1)
Pharmaceuticals & Biotechnology
3.5% (2)
Transport Services
3.3% (1)
Industrial Products
3.1% (3)
Electrical Equipment
2.7% (2)
Healthcare Services
2.6% (3)
Insurance
1.9% (1)
Financial Technology (Fintech)
1.8% (1)
Retailing
1.6% (1)
Transport Infrastructure
1.4% (1)
Fertilizers & Agrochemicals
1.3% (1)
Chemicals & Petrochemicals
1.0% (1)
Beverages
0.7% (1)
Auto Components
0.4% (1)
Industrial Manufacturing
0.2% (1)
Minerals & Mining
0.2% (1)

Analysis

Nippon India Nifty 500 Momentum 50 Index Fund and Motilal Oswal Nifty 500 Momentum 50 ETF show 100.0% overlap, which is high in MFXray's current universe. This pair ranks #2 out of 95,528 analyzed combinations. The catch is that this is a cross-AMC pair, so changing fund houses here does not really change the portfolio underneath.

The overlap is being driven mainly by automobiles exposure, which alone contributes 22.2% of the shared book. The biggest common positions are Shriram Finance Limited, Eicher Motors Limited, and Bajaj Finance Limited. Those names account for a large chunk of why the two funds move similarly.

Nippon India Nifty 500 Momentum 50 Index Fund still keeps some identity through very little that stands apart in the top holdings, while Motilal Oswal Nifty 500 Momentum 50 ETF leans on very little that stands apart in the top holdings. That matters because the common core is doing most of the heavy lifting, and the unique sleeve around it is relatively small.

The practical takeaway is simple: holding both funds is likely giving you more duplication than diversification. This is the kind of pair that deserves a second look before you assume you are spreading risk.

More comparisons for Motilal Oswal Nifty 500 Moment

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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.