IB33-GROWW NIFTY 200 ETF vs Kotak MSCI India ETF

Groww vs Kotak· Portfolio Overlap Analysis

87.6%High Overlap

157 common stocksRank #1727 / 5,000

Investor takeaway: These funds overlap 87.6%. 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 IB33-GROWW NIFTY 200 ETF	Wt% in Kotak MSCI India ETF	Overlap
HDFC Bank Limited Banks	8.03%	7.35%	7.35%
Reliance Industries Limited Petroleum Products	5.56%	6.17%	5.56%
ICICI Bank Limited Banks	5.82%	5.31%	5.31%
Bharti Airtel Limited Telecom - Services	3.09%	3.51%	3.09%
Infosys Limited IT - Software	2.69%	3.07%	2.69%
Axis Bank Limited Banks	2.34%	2.31%	2.31%
Larsen & Toubro Limited Construction	2.97%	2.10%	2.10%
Mahindra & Mahindra Limited Automobiles	1.79%	2.30%	1.79%
Kotak Mahindra Bank Limited Banks	1.80%	1.65%	1.65%
State Bank of India Banks	2.95%	1.61%	1.61%
Tata Consultancy Services Limited IT - Software	1.59%	1.74%	1.59%
Bajaj Finance Limited Finance	1.56%	2.03%	1.56%
Hindustan Unilever Limited Diversified FMCG	1.23%	1.40%	1.23%
Maruti Suzuki India Limited Automobiles	1.15%	1.36%	1.15%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.09%	1.21%	1.09%
NTPC Limited Power	1.07%	1.21%	1.07%
Titan Company Limited Consumer Durables	1.06%	1.12%	1.06%
Tata Steel Limited Ferrous Metals	1.04%	1.16%	1.04%
Bharat Electronics Limited Aerospace & Defense	0.94%	1.18%	0.94%
Shriram Finance Limited Finance	0.89%	1.11%	0.89%
UltraTech Cement Limited Cement & Cement Products	0.88%	1.09%	0.88%
HCL Technologies Limited IT - Software	0.87%	0.96%	0.87%
Power Grid Corporation of India Limited Power	0.80%	1.01%	0.80%
Hindalco Industries Limited Non - Ferrous Metals	0.79%	0.91%	0.79%
Vedanta Limited Diversified Metals	0.72%	0.72%	0.72%
ITC Limited Diversified FMCG	1.79%	0.69%	0.69%
Eicher Motors Limited Automobiles	0.65%	0.80%	0.65%
InterGlobe Aviation Limited Transport Services	0.64%	0.67%	0.64%
Oil & Natural Gas Corporation Limited Oil	0.64%	0.64%	0.64%
Asian Paints Limited Consumer Durables	0.63%	0.66%	0.63%
Adani Port & Special Economic Zone Ltd Transport Infrastructure	0.66%	0.60%	0.60%
Coal India Limited Consumable Fuels	0.58%	0.58%	0.58%
JSW Steel Limited Ferrous Metals	0.70%	0.56%	0.56%
Bajaj Finserv Limited Finance	0.67%	0.56%	0.56%
Grasim Industries Limited Cement & Cement Products	0.63%	0.55%	0.55%
Nestle India Limited Food Products	0.55%	0.63%	0.55%
SBI Life Insurance Company Limited Insurance	0.54%	0.67%	0.54%
TVS Motor Company Limited Automobiles	0.53%	0.67%	0.53%
Trent Limited Retailing	0.51%	0.51%	0.51%
Tech Mahindra Limited IT - Software	0.51%	0.53%	0.51%
Bajaj Auto Limited Automobiles	0.65%	0.49%	0.49%
Jio Financial Services Limited Finance	0.49%	0.53%	0.49%
Max Healthcare Institute Limited Healthcare Services	0.48%	0.62%	0.48%
Divi's Laboratories Limited Pharmaceuticals & Biotechnology	0.48%	0.56%	0.48%
Apollo Hospitals Enterprise Limited Healthcare Services	0.47%	0.61%	0.47%
Tata Motors Passenger Vehicles Limited Automobiles	0.47%	0.56%	0.47%
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology	0.46%	0.51%	0.46%
HDFC Life Insurance Company Limited Insurance	0.45%	0.51%	0.45%
Cipla Limited Pharmaceuticals & Biotechnology	0.45%	0.55%	0.45%
Tata Consumer Products Limited Agricultural Food & other Products	0.44%	0.49%	0.44%
Hindustan Aeronautics Limited Aerospace & Defense	0.44%	0.57%	0.44%
Hero MotoCorp Limited Automobiles	0.44%	0.50%	0.44%
Eternal Limited Retailing	1.05%	0.43%	0.43%
Bharat Petroleum Corporation Limited Petroleum Products	0.44%	0.43%	0.43%
Cholamandalam Invest & Finance Co Ltd Finance	0.43%	0.53%	0.43%
Britannia Industries Limited Food Products	0.41%	0.47%	0.41%
BSE Ltd Capital Markets	0.65%	0.39%	0.39%
Indian Oil Corporation Limited Petroleum Products	0.41%	0.39%	0.39%
Cummins India Limited Industrial Products	0.39%	0.49%	0.39%
The Tata Power Company Limited Power	0.37%	0.44%	0.37%
IndusInd Bank Limited Banks	0.37%	0.40%	0.37%
Varun Beverages Limited Beverages	0.37%	0.44%	0.37%
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles	0.36%	0.45%	0.36%
Power Finance Corporation Limited Finance	0.36%	0.45%	0.36%
Samvardhana Motherson International Ltd Auto Components	0.35%	0.41%	0.35%
Indus Towers Limited Telecom - Services	0.35%	0.44%	0.35%
The Indian Hotels Company Limited Leisure Services	0.35%	0.41%	0.35%
Wipro Limited IT - Software	0.34%	0.38%	0.34%
Avenue Supermarts Limited Retailing	0.33%	0.46%	0.33%
Lupin Limited Pharmaceuticals & Biotechnology	0.33%	0.42%	0.33%
HDFC Asset Management Company Limited Capital Markets	0.32%	0.38%	0.32%
AU Small Finance Bank Limited Banks	0.32%	0.39%	0.32%
Suzlon Energy Limited Electrical Equipment	0.31%	0.32%	0.31%
PERSISTENT SYSTEMS LTD IT - Software	0.30%	0.38%	0.30%
Bharat Forge Limited Auto Components	0.30%	0.33%	0.30%
PB Fintech Limited Financial Technology (Fintech)	0.30%	0.37%	0.30%
Adani Power Limited Power	0.33%	0.29%	0.29%
CG Power And Industrial Solutions Ltd Electrical Equipment	0.29%	0.37%	0.29%
Fortis Healthcare Limited Healthcare Services	0.29%	0.34%	0.29%
Godrej Consumer Products Limited Personal Products	0.29%	0.36%	0.29%
Jindal Steel & Power Limited Ferrous Metals	0.27%	0.32%	0.27%
Pidilite Industries Limited Chemicals & Petrochemicals	0.27%	0.33%	0.27%
ICICI Lombard General Insurance Company Insurance	0.27%	0.34%	0.27%
GAIL (India) Limited Gas	0.27%	0.28%	0.27%
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology	0.27%	0.37%	0.27%
One 97 Communications Limited Financial Technology (Fintech)	0.26%	0.31%	0.26%
Polycab India Limited Industrial Products	0.26%	0.33%	0.26%
REC Limited Finance	0.26%	0.30%	0.26%
Adani Enterprises Limited Metals & Minerals Trading	0.33%	0.25%	0.25%
Dixon Technologies (India) Limited Consumer Durables	0.25%	0.28%	0.25%
Hindustan Petroleum Corporation Limited Petroleum Products	0.25%	0.31%	0.25%
Marico Limited Agricultural Food & other Products	0.25%	0.30%	0.25%
Bank of Baroda Banks	0.35%	0.24%	0.24%
LTIMindtree Ltd IT - Software	0.24%	0.24%	0.24%
United Spirits Limited Beverages	0.24%	0.29%	0.24%
APL Apollo Tubes Limited Industrial Products	0.24%	0.29%	0.24%
SWIGGY LIMITED Retailing	0.24%	0.30%	0.24%
Info Edge (India) Limited Retailing	0.24%	0.27%	0.24%
DLF Limited Realty	0.23%	0.33%	0.23%
Punjab National Bank Banks	0.26%	0.22%	0.22%
Union Bank of India Banks	0.23%	0.22%	0.22%
SRF Limited Chemicals & Petrochemicals	0.22%	0.28%	0.22%
Yes Bank Ltd Banks	0.22%	0.24%	0.22%
Canara Bank Banks	0.31%	0.21%	0.21%
Bajaj Holdings & Investment.Ltd Finance	0.27%	0.21%	0.21%
FSN E-Commerce Ventures Limited Retailing	0.21%	0.22%	0.21%
Muthoot Finance Limited Finance	0.21%	0.29%	0.21%
UPL Limited Fertilizers & Agrochemicals	0.21%	0.23%	0.21%
Voltas Limited Consumer Durables	0.21%	0.24%	0.21%
Havells India Limited Consumer Durables	0.21%	0.22%	0.21%
Bharat Heavy Electricals Limited Electrical Equipment	0.23%	0.20%	0.20%
Aurobindo Pharma Limited Pharmaceuticals & Biotechnology	0.20%	0.23%	0.20%
IDFC First Bank Limited Banks	0.29%	0.19%	0.19%
GMR Airports Limited Transport Infrastructure	0.21%	0.19%	0.19%
Alkem Laboratories Limited Pharmaceuticals & Biotechnology	0.19%	0.20%	0.19%
Solar Industries India Limited Chemicals & Petrochemicals	0.19%	0.27%	0.19%
Hitachi Energy India Limited Electrical Equipment	0.19%	0.25%	0.19%
ABB India Limited Electrical Equipment	0.19%	0.23%	0.19%
The Phoenix Mills Limited Realty	0.18%	0.24%	0.18%
Hyundai Motor India Limited Automobiles	0.18%	0.26%	0.18%
Dabur India Limited Personal Products	0.18%	0.20%	0.18%
Ambuja Cements Limited Cement & Cement Products	0.18%	0.22%	0.18%
Siemens Limited Electrical Equipment	0.18%	0.22%	0.18%
Torrent Power Limited Power	0.18%	0.20%	0.18%
Shree Cement Limited Cement & Cement Products	0.19%	0.17%	0.17%
TUBE INVESTMENTS OF INDIA LTD Auto Components	0.17%	0.21%	0.17%
Colgate Palmolive (India) Limited Personal Products	0.17%	0.20%	0.17%
Vodafone Idea Limited Telecom - Services	0.17%	0.21%	0.17%
Bosch Limited Auto Components	0.17%	0.20%	0.17%
NMDC Limited Minerals & Mining	0.17%	0.18%	0.17%
Lodha Developers Limited Realty	0.16%	0.22%	0.16%
Aditya Birla Capital Limited Finance	0.16%	0.20%	0.16%
Oil India Limited Oil	0.16%	0.17%	0.16%
Coromandel International Limited Fertilizers & Agrochemicals	0.15%	0.19%	0.15%
JSW Energy Limited Power	0.15%	0.16%	0.15%
MphasiS Limited IT - Software	0.15%	0.21%	0.15%
WAAREE ENERGIES LIMITED Electrical Equipment	0.15%	0.17%	0.15%
Godrej Properties Limited Realty	0.15%	0.19%	0.15%
Siemens Energy India Limited Electrical Equipment	0.15%	0.19%	0.15%
Supreme Industries Limited Industrial Products	0.15%	0.18%	0.15%
Mankind Pharma Limited Pharmaceuticals & Biotechnology	0.15%	0.20%	0.15%
Vishal Mega Mart Limited Retailing	0.15%	0.18%	0.15%
PI Industries Limited Fertilizers & Agrochemicals	0.15%	0.17%	0.15%
NHPC Limited Power	0.14%	0.17%	0.14%
Prestige Estates Projects Limited Realty	0.14%	0.17%	0.14%
L&T Finance Limited Finance	0.14%	0.18%	0.14%
SBI Cards and Payment Services Limited Finance	0.14%	0.16%	0.14%
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology	0.14%	0.13%	0.13%
Jubilant Foodworks Limited Leisure Services	0.12%	0.15%	0.12%
Astral Limited Industrial Products	0.12%	0.15%	0.12%
Tata Communications Limited Telecom - Services	0.11%	0.13%	0.11%
Page Industries Limited Textiles & Apparels	0.11%	0.14%	0.11%
Rail Vikas Nigam Limited Construction	0.11%	0.12%	0.11%
Oberoi Realty Limited Realty	0.11%	0.14%	0.11%
MRF Limited Auto Components	0.09%	0.24%	0.09%
KALYAN JEWELLERS INDIA LIMITED Consumer Durables	0.09%	0.12%	0.09%
Oracle Financial Services Software IT - Software	0.09%	0.11%	0.09%

Unique to IB33-GROWW NIFTY 200 ETF

All top holdings are shared with the other fund.

Unique to Kotak MSCI India ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

20.2% (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 IB33-GROWW NIFTY 200 ETF

vs ADITYA BIRLA SUN LIFE MSCI IND87.7% · 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

More comparisons for Kotak MSCI India ETF

vs ADITYA BIRLA SUN LIFE MSCI IND99.8% · 164 stocks
vs DSP MSCI India ETF99.2% · 164 stocks
vs SBI BSE 100 ETF83.5% · 98 stocks
vs HDFC NIFTY 100 ETF81.2% · 93 stocks
vs ICICI Prudential Nifty 100 ETF81.2% · 93 stocks

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