ADITYA BIRLA SUN LIFE MSCI INDIA ETF vs IB33-GROWW NIFTY 200 ETF

ABSL vs Groww· Portfolio Overlap Analysis

87.7%High Overlap

157 common stocksRank #1726 / 5,000

Investor takeaway: These funds overlap 87.7%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (157)

Stock	Wt% in ADITYA BIRLA SUN LIFE MSCI IND	Wt% in IB33-GROWW NIFTY 200 ETF	Overlap
HDFC Bank Limited Banks	7.37%	8.03%	7.37%
Reliance Industries Limited Petroleum Products	6.19%	5.56%	5.56%
ICICI Bank Limited Banks	5.32%	5.82%	5.32%
Bharti Airtel Limited Telecom - Services	3.51%	3.09%	3.09%
Infosys Limited IT - Software	3.07%	2.69%	2.69%
Axis Bank Limited Banks	2.32%	2.34%	2.32%
Larsen & Toubro Limited Construction	2.10%	2.97%	2.10%
Mahindra & Mahindra Limited Automobiles	2.31%	1.79%	1.79%
Kotak Mahindra Bank Limited Banks	1.66%	1.80%	1.66%
State Bank of India Banks	1.62%	2.95%	1.62%
Tata Consultancy Services Limited IT - Software	1.74%	1.59%	1.59%
Bajaj Finance Limited Finance	2.03%	1.56%	1.56%
Hindustan Unilever Limited Diversified FMCG	1.40%	1.23%	1.23%
Maruti Suzuki India Limited Automobiles	1.35%	1.15%	1.15%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.21%	1.09%	1.09%
NTPC Limited Power	1.21%	1.07%	1.07%
Titan Company Limited Consumer Durables	1.12%	1.06%	1.06%
Tata Steel Limited Ferrous Metals	1.16%	1.04%	1.04%
Bharat Electronics Limited Aerospace & Defense	1.18%	0.94%	0.94%
Shriram Finance Ltd Finance	1.11%	0.89%	0.89%
UltraTech Cement Limited Cement & Cement Products	1.08%	0.88%	0.88%
HCL Technologies Limited IT - Software	0.96%	0.87%	0.87%
Power Grid Corporation of India Limited Power	1.01%	0.80%	0.80%
Hindalco Industries Limited Non - Ferrous Metals	0.91%	0.79%	0.79%
Vedanta Limited Diversified Metals	0.72%	0.72%	0.72%
ITC Limited Diversified FMCG	0.69%	1.79%	0.69%
Eicher Motors Limited Automobiles	0.80%	0.65%	0.65%
InterGlobe Aviation Limited Transport Services	0.67%	0.64%	0.64%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.64%	0.64%
Asian Paints Limited Consumer Durables	0.66%	0.63%	0.63%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.60%	0.66%	0.60%
Coal India Limited Consumable Fuels	0.58%	0.58%	0.58%
JSW Steel Limited Ferrous Metals	0.56%	0.70%	0.56%
Bajaj Finserv Limited Finance	0.56%	0.67%	0.56%
Nestle India Limited Food Products	0.64%	0.55%	0.55%
Grasim Industries Limited Cement & Cement Products	0.55%	0.63%	0.55%
SBI Life Insurance Company Limited Insurance	0.67%	0.54%	0.54%
TVS Motor Company Limited Automobiles	0.67%	0.53%	0.53%
Tech Mahindra Limited IT - Software	0.53%	0.51%	0.51%
Trent Limited Retailing	0.51%	0.51%	0.51%
Jio Financial Services Limited Finance	0.53%	0.49%	0.49%
Max Healthcare Institute Limited Healthcare Services	0.62%	0.48%	0.48%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.56%	0.48%	0.48%
Bajaj Auto Limited Automobiles	0.48%	0.65%	0.48%
Apollo Hospitals Enterprise Limited Healthcare Services	0.61%	0.47%	0.47%
Tata Motors Passenger Vehicles Limited Automobiles	0.56%	0.47%	0.47%
Dr. Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.51%	0.46%	0.46%
Cipla Limited Pharmaceuticals & Biotechnology	0.55%	0.45%	0.45%
HDFC Life Insurance Company Limited Insurance	0.51%	0.45%	0.45%
Hindustan Aeronautics Limited Aerospace & Defense	0.57%	0.44%	0.44%
Hero MotoCorp Limited Automobiles	0.50%	0.44%	0.44%
Tata Consumer Products Limited Agricultural Food & other Products	0.49%	0.44%	0.44%
Cholamandalam Investment and Finance Company Limited Finance	0.53%	0.43%	0.43%
Eternal Limited Retailing	0.43%	1.05%	0.43%
Bharat Petroleum Corporation Limited Petroleum Products	0.43%	0.44%	0.43%
Britannia Industries Limited Food Products	0.47%	0.41%	0.41%
Cummins India Limited Industrial Products	0.49%	0.39%	0.39%
BSE Limited Capital Markets	0.39%	0.65%	0.39%
Indian Oil Corporation Limited Petroleum Products	0.39%	0.41%	0.39%
Varun Beverages Limited Beverages	0.44%	0.37%	0.37%
Tata Power Company Limited Power	0.44%	0.37%	0.37%
IndusInd Bank Limited Banks	0.40%	0.37%	0.37%
Ashok Leyland Limited Agricultural Commercial & Construction Vehicles	0.45%	0.36%	0.36%
Power Finance Corporation Limited Finance	0.45%	0.36%	0.36%
Indus Towers Limited Telecom - Services	0.44%	0.35%	0.35%
The Indian Hotels Company Limited Leisure Services	0.42%	0.35%	0.35%
Samvardhana Motherson International Limited Auto Components	0.41%	0.35%	0.35%
Wipro Limited IT - Software	0.38%	0.34%	0.34%
Avenue Supermarts Limited Retailing	0.46%	0.33%	0.33%
Lupin Limited Pharmaceuticals & Biotechnology	0.42%	0.33%	0.33%
AU Small Finance Bank Limited Banks	0.39%	0.32%	0.32%
HDFC Asset Management Company Limited Capital Markets	0.38%	0.32%	0.32%
Suzlon Energy Limited Electrical Equipment	0.32%	0.31%	0.31%
Persistent Systems Limited IT - Software	0.38%	0.30%	0.30%
PB Fintech Limited Financial Technology (Fintech)	0.37%	0.30%	0.30%
Bharat Forge Limited Auto Components	0.33%	0.30%	0.30%
Adani Power Limited Power	0.30%	0.33%	0.30%
CG Power and Industrial Solutions Limited Electrical Equipment	0.37%	0.29%	0.29%
Godrej Consumer Products Limited Personal Products	0.36%	0.29%	0.29%
Fortis Healthcare Limited Healthcare Services	0.34%	0.29%	0.29%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.37%	0.27%	0.27%
ICICI Lombard General Insurance Company Limited Insurance	0.34%	0.27%	0.27%
Pidilite Industries Limited Chemicals & Petrochemicals	0.33%	0.27%	0.27%
Jindal Steel & Power Limited Ferrous Metals	0.32%	0.27%	0.27%
GAIL (India) Limited Gas	0.28%	0.27%	0.27%
POLYCAB INDIA Limited Industrial Products	0.33%	0.26%	0.26%
One 97 Communications Limited Financial Technology (Fintech)	0.31%	0.26%	0.26%
REC Limited Finance	0.30%	0.26%	0.26%
Hindustan Petroleum Corporation Limited Petroleum Products	0.31%	0.25%	0.25%
Marico Limited Agricultural Food & other Products	0.30%	0.25%	0.25%
Dixon Technologies (India) Limited Consumer Durables	0.28%	0.25%	0.25%
Adani Enterprises Limited Metals & Minerals Trading	0.25%	0.33%	0.25%
Swiggy Ltd Retailing	0.30%	0.24%	0.24%
APL Apollo Tubes Limited Industrial Products	0.29%	0.24%	0.24%
United Spirits Limited Beverages	0.29%	0.24%	0.24%
Info Edge (India) Limited Retailing	0.27%	0.24%	0.24%
Bank of Baroda Banks	0.24%	0.35%	0.24%
LTIMindtree Limited IT - Software	0.24%	0.24%	0.24%
DLF Limited Realty	0.33%	0.23%	0.23%
Union Bank of India Banks	0.23%	0.23%	0.23%
SRF Limited Chemicals & Petrochemicals	0.28%	0.22%	0.22%
Yes Bank Limited Banks	0.24%	0.22%	0.22%
Punjab National Bank Banks	0.22%	0.26%	0.22%
Muthoot Finance Limited Finance	0.29%	0.21%	0.21%
Voltas Limited Consumer Durables	0.24%	0.21%	0.21%
UPL Limited Fertilizers & Agrochemicals	0.24%	0.21%	0.21%
Havells India Limited Consumer Durables	0.22%	0.21%	0.21%
FSN E-Commerce Ventures Limited Retailing	0.22%	0.21%	0.21%
Canara Bank Banks	0.21%	0.31%	0.21%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.23%	0.20%	0.20%
Bajaj Holdings & Investments Limited Finance	0.20%	0.27%	0.20%
Bharat Heavy Electricals Limited Electrical Equipment	0.20%	0.23%	0.20%
Solar Industries India Limited Chemicals & Petrochemicals	0.27%	0.19%	0.19%
ABB India Limited Electrical Equipment	0.23%	0.19%	0.19%
Hitachi Energy India Limited Electrical Equipment	0.23%	0.19%	0.19%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.19%	0.19%	0.19%
GMR Airport Ltd Transport Infrastructure	0.19%	0.21%	0.19%
IDFC First Bank Limited Banks	0.19%	0.29%	0.19%
Hyundai Motor India Ltd Automobiles	0.26%	0.18%	0.18%
Phoenix Mills Limited Realty	0.24%	0.18%	0.18%
Ambuja Cements Limited Cement & Cement Products	0.23%	0.18%	0.18%
Siemens Limited Electrical Equipment	0.22%	0.18%	0.18%
Dabur India Limited Personal Products	0.20%	0.18%	0.18%
Torrent Power Limited Power	0.20%	0.18%	0.18%
Tube Investments of India Limited Auto Components	0.21%	0.17%	0.17%
Vodafone Idea Limited Telecom - Services	0.21%	0.17%	0.17%
Colgate Palmolive (India) Limited Personal Products	0.20%	0.17%	0.17%
NMDC Limited Minerals & Mining	0.18%	0.17%	0.17%
Bosch Limited Auto Components	0.18%	0.17%	0.17%
Shree Cement Limited Cement & Cement Products	0.17%	0.19%	0.17%
Lodha Developers Limited Realty	0.22%	0.16%	0.16%
Aditya Birla Capital Limited Finance	0.20%	0.16%	0.16%
Oil India Limited Oil	0.17%	0.16%	0.16%
MphasiS Limited IT - Software	0.21%	0.15%	0.15%
Mankind Pharma Ltd Pharmaceuticals & Biotechnology	0.20%	0.15%	0.15%
Siemens Limited Electrical Equipment	0.19%	0.15%	0.15%
Coromandel International Limited Fertilizers & Agrochemicals	0.19%	0.15%	0.15%
Godrej Properties Limited Realty	0.19%	0.15%	0.15%
Supreme Industries Limited Industrial Products	0.18%	0.15%	0.15%
Vishal Mega Mart Ltd Retailing	0.18%	0.15%	0.15%
PI Industries Litmited Fertilizers & Agrochemicals	0.17%	0.15%	0.15%
WAAREE Energies Ltd Electrical Equipment	0.17%	0.15%	0.15%
JSW Energy Limited Power	0.16%	0.15%	0.15%
L&T Finance Limited Finance	0.18%	0.14%	0.14%
Prestige Estates Projects Limited Realty	0.17%	0.14%	0.14%
NHPC Limited Power	0.17%	0.14%	0.14%
SBI Cards & Payment Services Limited Finance	0.16%	0.14%	0.14%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.13%	0.14%	0.13%
Jubilant Foodworks Limited Leisure Services	0.15%	0.12%	0.12%
Astral Limited Industrial Products	0.15%	0.12%	0.12%
Oberoi Realty Limited Realty	0.14%	0.11%	0.11%
Tata Communications Limited Telecom - Services	0.13%	0.11%	0.11%
Page Industries Limited Textiles & Apparels	0.13%	0.11%	0.11%
Rail Vikas Nigam Limited Construction	0.12%	0.11%	0.11%
MRF Limited Auto Components	0.23%	0.09%	0.09%
KALYAN JEWELLERS INDIA LTD Consumer Durables	0.12%	0.09%	0.09%
Oracle Financial Services Software Limited IT - Software	0.11%	0.09%	0.09%

Unique to ADITYA BIRLA SUN LIFE MSCI IND

All top holdings are shared with the other fund.

Unique to IB33-GROWW NIFTY 200 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

20.3% (13)

IT - Software

6.8% (9)

Petroleum Products

6.6% (4)

Automobiles

5.7% (8)

Finance

5.4% (12)

Pharmaceuticals & Biotechnology

3.8% (10)

Telecom - Services

3.7% (4)

Power

3.0% (7)

Consumer Durables

2.5% (6)

Construction

2.2% (2)

Retailing

2.1% (7)

Diversified FMCG

1.9% (2)

Ferrous Metals

1.9% (3)

Cement & Cement Products

1.8% (4)

Electrical Equipment

1.7% (8)

Aerospace & Defense

1.4% (2)

Insurance

1.3% (3)

Healthcare Services

1.2% (3)

Industrial Products

1.2% (5)

Auto Components

1.1% (5)

Realty

1.0% (6)

Food Products

1.0% (2)

Oil

0.8% (2)

Non - Ferrous Metals

0.8% (1)

Transport Infrastructure

0.8% (2)

Diversified Metals

0.7% (1)

Capital Markets

0.7% (2)

Agricultural Food & other Products

0.7% (2)

Chemicals & Petrochemicals

0.7% (3)

Transport Services

0.6% (1)

Personal Products

0.6% (3)

Beverages

0.6% (2)

Consumable Fuels

0.6% (1)

Financial Technology (Fintech)

0.6% (2)

Fertilizers & Agrochemicals

0.5% (3)

Leisure Services

0.5% (2)

Agricultural Commercial & Construction Vehicles

0.4% (1)

Gas

0.3% (1)

Metals & Minerals Trading

0.3% (1)

Minerals & Mining

0.2% (1)

Textiles & Apparels

0.1% (1)

More comparisons for ADITYA BIRLA SUN LIFE MSCI IND

vs Kotak MSCI India ETF99.8% · 164 stocks
vs DSP MSCI India ETF99.1% · 164 stocks
vs SBI BSE 100 ETF83.6% · 98 stocks
vs HDFC NIFTY 100 ETF81.3% · 93 stocks
vs ICICI Prudential Nifty 100 ETF81.3% · 93 stocks

More comparisons for IB33-GROWW NIFTY 200 ETF

vs Kotak MSCI India ETF87.6% · 157 stocks
vs DSP MSCI India ETF87.4% · 157 stocks
vs HDFC BSE 500 INDEX87.1% · 199 stocks
vs HDFC BSE 500 ETF87.0% · 199 stocks
vs ICICI Prudential BSE 500 ETF87.0% · 199 stocks

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