IB25-Groww Nifty India Defence ETF vs Mirae Asset BSE India Defence ETF
Groww vs Mirae· Portfolio Overlap Analysis
74.2%High Overlap
18 common stocksRank #2827 / 5,000
Investor takeaway: These funds overlap 74.2%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (18)
| Stock | Wt% in IB25-Groww Nifty India Defence | Wt% in Mirae Asset BSE India Defence | Overlap |
|---|---|---|---|
Bharat Electronics Limited Aerospace & Defense | 21.34% | 16.43% | 16.43% |
Hindustan Aeronautics Limited Aerospace & Defense | 16.97% | 13.05% | 13.05% |
Solar Industries India Limited Chemicals & Petrochemicals | 11.24% | 11.74% | 11.24% |
Mazagon Dock Shipbuilders Limited Industrial Manufacturing | 5.78% | 6.07% | 5.78% |
Cochin Shipyard Limited Industrial Manufacturing | 4.31% | 4.47% | 4.31% |
Bharat Dynamics Limited Aerospace & Defense | 3.99% | 4.13% | 3.99% |
Bharat Forge Limited Auto Components | 17.42% | 3.66% | 3.66% |
Data Patterns (India) Limited Aerospace & Defense | 3.25% | 3.39% | 3.25% |
ASTRA MICROWAVE PRODUCTS LIMITED Aerospace & Defense | 2.80% | 2.91% | 2.80% |
Mtar Technologies Limited Aerospace & Defense | 2.76% | 2.88% | 2.76% |
GARDEN REACH SHIPBUILDERS & ENGINEER LTD Aerospace & Defense | 2.44% | 2.48% | 2.44% |
ZEN TECHNOLOGIES LIMITED Aerospace & Defense | 2.15% | 2.23% | 2.15% |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD Aerospace & Defense | 0.77% | 0.81% | 0.77% |
Mishra Dhatu Nigam Limited Aerospace & Defense | 0.58% | 0.60% | 0.58% |
BEML Limited Agricultural, Commercial & Construction Vehicles | 2.20% | 0.46% | 0.46% |
Dynamatic Technologies Ltd Industrial Manufacturing | 1.33% | 0.28% | 0.28% |
Unimech Aerospace & Manufacturing ltd Aerospace & Defense | 0.19% | 0.21% | 0.19% |
Cyient Dlm Limited Aerospace & Defense | 0.41% | 0.09% | 0.09% |
Unique to IB25-Groww Nifty India Defence
All top holdings are shared with the other fund.
Unique to Mirae Asset BSE India Defence
- Larsen & Toubro Ltd.5.12%
- Mahindra & Mahindra Ltd.4.47%
- Ashok Leyland Ltd.4.34%
- Adani Enterprises Ltd.4.11%
Sector Overlap Breakdown
Aerospace & Defense48.5% (12)
Chemicals & Petrochemicals11.2% (1)
Industrial Manufacturing10.4% (3)
Auto Components3.7% (1)
Agricultural, Commercial & Construction Vehicles0.5% (1)
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.