IB45-Groww BSE Power ETF vs Mirae Asset Nifty Energy ETF

Groww vs Mirae· Portfolio Overlap Analysis

46.9%High Overlap
18 common stocksRank #13366 / 20,000

Investor takeaway: At 46.9% 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 (18)

StockWt% in IB45-Groww BSE Power ETFWt% in Mirae Asset Nifty Energy ETFOverlap
NTPC Limited
Power
20.90%7.38%7.38%
Power Grid Corporation of India Limited
Power
15.68%5.52%5.52%
Suzlon Energy Limited
Electrical Equipment
5.93%3.95%3.95%
CG Power And Industrial Solutions Ltd
Electrical Equipment
5.66%3.80%3.80%
GE Vernova T&D India Limited
Electrical Equipment
5.45%3.64%3.64%
Bharat Heavy Electricals Limited
Electrical Equipment
3.93%2.95%2.95%
The Tata Power Company Limited
Power
7.22%2.59%2.59%
Hitachi Energy India Limited
Electrical Equipment
3.67%2.48%2.48%
ABB India Limited
Electrical Equipment
3.71%2.43%2.43%
Siemens Limited
Electrical Equipment
3.51%2.31%2.31%
Adani Power Limited
Power
6.23%2.25%2.25%
Siemens Energy India Limited
Electrical Equipment
3.01%1.98%1.98%
Torrent Power Limited
Power
3.45%1.22%1.22%
Adani Green Energy Limited
Power
3.37%1.18%1.18%
JSW Energy Limited
Power
3.04%1.07%1.07%
NHPC Limited
Power
2.70%0.97%0.97%
Thermax Limited
Electrical Equipment
1.36%0.92%0.92%
RELIANCE POWER LIMITED
Power
0.79%0.28%0.28%

Unique to IB45-Groww BSE Power ETF

All top holdings are shared with the other fund.

Unique to Mirae Asset Nifty Energy ETF

  • Oil & Natural Gas Corporation Ltd.10.79%
  • Coal India Ltd.9.71%
  • Reliance Industries Ltd.8.43%
  • GAIL (India) Ltd.4.54%

Sector Overlap Breakdown

Electrical Equipment
24.5% (9)
Power
22.5% (9)

More comparisons for IB45-Groww BSE Power ETF

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