BHARAT 22 ETF vs IB61-Groww Nifty PSE ETF

ICICI vs Groww· Portfolio Overlap Analysis

45.1%High Overlap
11 common stocksRank #15932 / 20,000

Investor takeaway: At 45.1% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.

Common Holdings (11)

StockWt% in BHARAT 22 ETFWt% in IB61-Groww Nifty PSE ETFOverlap
NTPC Ltd.
Power
9.11%14.04%9.11%
Power Grid Corporation Of India Ltd.
Power
6.84%10.49%6.84%
Bharat Electronics Ltd.
Aerospace & Defense
5.67%12.35%5.67%
Oil & Natural Gas Corporation Ltd.
Oil
5.50%8.42%5.50%
Coal India Ltd.
Consumable Fuels
4.95%7.58%4.95%
Bharat Petroleum Corporation Ltd.
Petroleum Products
3.80%5.79%3.80%
Indian Oil Corporation Ltd.
Petroleum Products
3.47%5.43%3.47%
GAIL (India) Ltd.
Gas
2.31%3.55%2.31%
Power Finance Corporation Ltd.
Finance
1.31%4.67%1.31%
NHPC Ltd.
Power
1.18%1.85%1.18%
Rural Electrification Corporation Ltd.
Finance
0.95%3.39%0.95%

Unique to BHARAT 22 ETF

  • Larsen & Toubro Ltd.15.98%
  • State Bank Of India10.07%
  • ITC Ltd.9.07%
  • Axis Bank Ltd.8.61%
  • National Aluminium Company Ltd.7.36%

Unique to IB61-Groww Nifty PSE ETF

  • Hindustan Aeronautics Limited5.76%

Sector Overlap Breakdown

Power
17.1% (3)
Petroleum Products
7.3% (2)
Aerospace & Defense
5.7% (1)
Oil
5.5% (1)
Consumable Fuels
5.0% (1)
Gas
2.3% (1)
Finance
2.3% (2)

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