IB40-Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low
Groww vs Nippon· Portfolio Overlap Analysis
99.0%High Overlap
50 common stocksRank #1643 / 5,000
Investor takeaway: These funds overlap 99.0%. 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 IB40-Groww Nifty 500 Low Volat | Wt% in Nippon India Nifty 500 Low | Overlap |
|---|---|---|---|
Bajaj Finance Limited Finance | 4.98% | 4.99% | 4.98% |
Power Grid Corporation of India Limited Power | 4.90% | 4.90% | 4.90% |
Coal India Limited Consumable Fuels | 4.68% | 4.68% | 4.68% |
Maruti Suzuki India Limited Automobiles | 4.47% | 4.48% | 4.47% |
Bharti Airtel Limited Telecom - Services | 4.46% | 4.47% | 4.46% |
Asian Paints Limited Consumer Durables | 4.33% | 4.33% | 4.33% |
Tata Consultancy Services Limited IT - Software | 4.02% | 4.03% | 4.02% |
Eicher Motors Limited Automobiles | 3.82% | 3.84% | 3.82% |
Bajaj Auto Limited Automobiles | 3.79% | 3.80% | 3.79% |
Oil & Natural Gas Corporation Limited Oil | 3.57% | 3.58% | 3.57% |
Apollo Hospitals Enterprise Limited Healthcare Services | 3.44% | 3.44% | 3.44% |
Britannia Industries Limited Food Products | 3.42% | 3.43% | 3.42% |
HDFC Life Insurance Company Limited Insurance | 3.26% | 3.27% | 3.26% |
Dr. Reddy's Laboratories Limited Pharmaceuticals & Biotechnology | 3.20% | 3.20% | 3.20% |
Tech Mahindra Limited IT - Software | 2.59% | 2.59% | 2.59% |
The Federal Bank Limited Banks | 2.52% | 2.52% | 2.52% |
TVS Motor Company Limited Automobiles | 2.36% | 2.37% | 2.36% |
Indian Oil Corporation Limited Petroleum Products | 2.20% | 2.20% | 2.20% |
Hero MotoCorp Limited Automobiles | 2.08% | 2.09% | 2.08% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.04% | 2.04% | 2.04% |
The Tata Power Company Limited Power | 2.00% | 2.00% | 2.00% |
Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology | 1.92% | 1.92% | 1.92% |
Marico Limited Agricultural Food & other Products | 1.89% | 1.89% | 1.89% |
Max Financial Services Limited Insurance | 1.59% | 1.59% | 1.59% |
Wipro Limited IT - Software | 1.58% | 1.58% | 1.58% |
Godrej Consumer Products Limited Personal Products | 1.34% | 1.34% | 1.34% |
ICICI Lombard General Insurance Company Insurance | 1.34% | 1.34% | 1.34% |
Dabur India Limited Personal Products | 1.33% | 1.33% | 1.33% |
United Spirits Limited Beverages | 1.32% | 1.32% | 1.32% |
Alkem Laboratories Limited Pharmaceuticals & Biotechnology | 1.26% | 1.27% | 1.26% |
Havells India Limited Consumer Durables | 1.17% | 1.17% | 1.17% |
Bosch Limited Auto Components | 1.13% | 1.14% | 1.13% |
Ambuja Cements Limited Cement & Cement Products | 1.09% | 1.09% | 1.09% |
Colgate Palmolive (India) Limited Personal Products | 1.05% | 1.05% | 1.05% |
ICICI Prudential Life Insurance Company Insurance | 1.01% | 1.01% | 1.01% |
MRF Limited Auto Components | 0.93% | 1.10% | 0.93% |
Zydus Lifesciences Limited Pharmaceuticals & Biotechnology | 0.76% | 0.76% | 0.76% |
PI Industries Limited Fertilizers & Agrochemicals | 0.70% | 0.70% | 0.70% |
Life Insurance Corporation Of India Insurance | 0.68% | 0.68% | 0.68% |
Page Industries Limited Textiles & Apparels | 0.64% | 0.66% | 0.64% |
SBI Cards and Payment Services Limited Finance | 0.61% | 0.62% | 0.61% |
Indian Railway Catering & Tourism Corp Leisure Services | 0.61% | 0.62% | 0.61% |
Dalmia Bharat Limited Cement & Cement Products | 0.53% | 0.54% | 0.53% |
Crompton Greaves Consumer Electrical Ltd Consumer Durables | 0.46% | 0.46% | 0.46% |
ACC Limited Cement & Cement Products | 0.44% | 0.44% | 0.44% |
The Ramco Cements Limited Cement & Cement Products | 0.43% | 0.43% | 0.43% |
Tata Chemicals Limited Chemicals & Petrochemicals | 0.35% | 0.35% | 0.35% |
Motherson Sumi Wiring India Limited Auto Components | 0.27% | 0.27% | 0.27% |
Star Health and Allied Insurance Co Ltd Insurance | 0.25% | 0.25% | 0.25% |
Tata Technologies Limited IT - Services | 0.24% | 0.24% | 0.24% |
Unique to IB40-Groww Nifty 500 Low Volat
All top holdings are shared with the other fund.
Unique to Nippon India Nifty 500 Low
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Automobiles16.5% (5)
Pharmaceuticals & Biotechnology9.2% (5)
IT - Software8.2% (3)
Insurance8.1% (6)
Power6.9% (2)
Consumer Durables6.0% (3)
Finance5.6% (2)
Consumable Fuels4.7% (1)
Telecom - Services4.5% (1)
Personal Products3.7% (3)
Oil3.6% (1)
Healthcare Services3.4% (1)
Food Products3.4% (1)
Banks2.5% (1)
Cement & Cement Products2.5% (4)
Auto Components2.3% (3)
Petroleum Products2.2% (1)
Agricultural Food & other Products1.9% (1)
Beverages1.3% (1)
Fertilizers & Agrochemicals0.7% (1)
Textiles & Apparels0.6% (1)
Leisure Services0.6% (1)
Chemicals & Petrochemicals0.3% (1)
IT - Services0.2% (1)
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.