HDFC Nifty 50 Index Fund vs IB44-Groww Nifty 50 ETF

HDFC vs Groww· Portfolio Overlap Analysis

99.5%High Overlap

50 common stocksRank #1400 / 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 HDFC Nifty 50 Index	Wt% in IB44-Groww Nifty 50 ETF	Overlap
HDFC Bank Ltd. Banks	11.83%	11.79%	11.79%
ICICI Bank Ltd. Banks	8.58%	8.55%	8.55%
Reliance Industries Ltd. Petroleum Products	8.20%	8.17%	8.17%
Bharti Airtel Ltd. Telecom - Services	4.56%	4.55%	4.55%
Larsen and Toubro Ltd. Construction	4.38%	4.36%	4.36%
State Bank of India Banks	4.34%	4.33%	4.33%
Infosys Limited IT - Software	3.97%	3.95%	3.95%
Axis Bank Ltd. Banks	3.45%	3.44%	3.44%
Kotak Mahindra Bank Limited Banks	2.66%	2.65%	2.65%
Mahindra & Mahindra Ltd. Automobiles	2.64%	2.63%	2.63%
ITC LIMITED Diversified FMCG	2.63%	2.62%	2.62%
Tata Consultancy Services Ltd. IT - Software	2.35%	2.34%	2.34%
Bajaj Finance Ltd. Finance	2.30%	2.30%	2.30%
Hindustan Unilever Ltd. Diversified FMCG	1.81%	1.80%	1.80%
Maruti Suzuki India Limited Automobiles	1.70%	1.68%	1.68%
Sun Pharmaceutical Industries Ltd. Pharmaceuticals & Biotechnology	1.60%	1.60%	1.60%
NTPC Limited Power	1.58%	1.57%	1.57%
Titan Company Ltd. Consumer Durables	1.56%	1.55%	1.55%
Eternal Limited Retailing	1.54%	1.54%	1.54%
Tata Steel Ltd. Ferrous Metals	1.53%	1.52%	1.52%
Bharat Electronics Ltd. Aerospace & Defense	1.39%	1.38%	1.38%
Shriram Finance Ltd. Finance	1.32%	1.31%	1.31%
UltraTech Cement Limited Cement & Cement Products	1.31%	1.30%	1.30%
HCL Technologies Ltd. IT - Software	1.28%	1.27%	1.27%
Power Grid Corporation of India Ltd. Power	1.18%	1.17%	1.17%
Hindalco Industries Ltd. Non - Ferrous Metals	1.17%	1.16%	1.16%
JSW Steel Ltd. Ferrous Metals	1.03%	1.03%	1.03%
Bajaj Finserv Ltd. Finance	0.99%	0.99%	0.99%
Adani Ports & Special Economic Zone Transport Infrastructure	0.98%	0.97%	0.97%
Bajaj Auto Limited Automobiles	0.96%	0.95%	0.95%
Eicher Motors Ltd. Automobiles	0.96%	0.95%	0.95%
InterGlobe Aviation Ltd. Transport Services	0.95%	0.94%	0.94%
Oil & Natural Gas Corporation Ltd. Oil	0.95%	0.94%	0.94%
Asian Paints Limited Consumer Durables	0.94%	0.93%	0.93%
Grasim Industries Ltd. Cement & Cement Products	0.93%	0.93%	0.93%
Coal India Ltd. Consumable Fuels	0.85%	0.85%	0.85%
Nestle India Ltd. Food Products	0.81%	0.80%	0.80%
SBI Life Insurance Company Ltd. Insurance	0.80%	0.79%	0.79%
Tech Mahindra Ltd. IT - Software	0.75%	0.75%	0.75%
Trent Ltd. Retailing	0.75%	0.75%	0.75%
Jio Financial Services Limited Finance	0.73%	0.73%	0.73%
Max Healthcare Institute Limited Healthcare Services	0.71%	0.70%	0.70%
Apollo Hospitals Enterprise Ltd. Healthcare Services	0.70%	0.69%	0.69%
Tata Motors Passenger Vehicles Limited Automobiles	0.70%	0.69%	0.69%
Dr Reddys Laboratories Ltd. Pharmaceuticals & Biotechnology	0.68%	0.68%	0.68%
HDFC Life Insurance Company Limited Insurance	0.67%	0.67%	0.67%
Cipla Ltd. Pharmaceuticals & Biotechnology	0.66%	0.66%	0.66%
Tata Consumer Products Limited Agricultural Food & Other Products	0.65%	0.64%	0.64%
Wipro Ltd. IT - Software	0.50%	0.50%	0.50%
ADANI ENTERPRISES LIMTIED Metals & Minerals Trading	0.49%	0.49%	0.49%

Unique to HDFC Nifty 50 Index

All top holdings are shared with the other fund.

Unique to IB44-Groww Nifty 50 ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

30.8% (5)

IT - Software

8.8% (5)

Petroleum Products

8.2% (1)

Automobiles

6.9% (5)

Finance

5.3% (4)

Telecom - Services

4.5% (1)

Diversified FMCG

4.4% (2)

Construction

4.4% (1)

Pharmaceuticals & Biotechnology

2.9% (3)

Power

2.7% (2)

Ferrous Metals

2.5% (2)

Consumer Durables

2.5% (2)

Retailing

2.3% (2)

Cement & Cement Products

2.2% (2)

Insurance

1.5% (2)

Healthcare Services

1.4% (2)

Aerospace & Defense

1.4% (1)

Non - Ferrous Metals

1.2% (1)

Transport Infrastructure

1.0% (1)

Transport Services

0.9% (1)

Oil

0.9% (1)

Consumable Fuels

0.8% (1)

Food Products

0.8% (1)

Agricultural Food & Other Products

0.6% (1)

Metals & Minerals Trading

0.5% (1)

More comparisons for HDFC Nifty 50 Index

vs HDFC NIFTY 50 ETF100.0% · 50 stocks
vs ICICI Prudential Nifty 50 ETF100.0% · 50 stocks
vs Mirae Asset Nifty 50 ETF100.0% · 50 stocks
vs SBI Nifty Index100.0% · 50 stocks
vs SBI Nifty 50 ETF100.0% · 50 stocks

More comparisons for IB44-Groww Nifty 50 ETF

vs ADITYA BIRLA SUN LIFE NIFTY 5099.5% · 50 stocks
vs ADITYA BIRLA SUN LIFE NIFTY 5099.5% · 50 stocks
vs Bajaj Finserv Nifty 50 Index99.5% · 50 stocks
vs Bajaj Finserv Nifty 50 ETF99.5% · 50 stocks
vs DSP NIFTY 50 ETF99.5% · 50 stocks

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