IB53-Groww Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF

Groww vs Mirae· Portfolio Overlap Analysis

99.1%High Overlap
150 common stocksRank #1626 / 5,000

Investor takeaway: These funds overlap 99.1%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (150)

StockWt% in IB53-Groww Nifty Midcap 150 ETWt% in Mirae Asset Nifty Midcap 150 EOverlap
BSE Ltd
Capital Markets
2.91%2.92%2.91%
Hero MotoCorp Limited
Automobiles
1.94%1.96%1.94%
The Federal Bank Limited
Banks
1.94%1.95%1.94%
Cummins India Limited
Industrial Products
1.74%1.75%1.74%
IndusInd Bank Limited
Banks
1.66%1.66%1.66%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.59%1.59%1.59%
Indus Towers Limited
Telecom - Services
1.55%1.55%1.55%
Lupin Limited
Pharmaceuticals & Biotechnology
1.47%1.47%1.47%
HDFC Asset Management Company Limited
Capital Markets
1.44%1.45%1.44%
AU Small Finance Bank Limited
Banks
1.42%1.43%1.42%
Suzlon Energy Limited
Electrical Equipment
1.36%1.37%1.36%
PERSISTENT SYSTEMS LTD
IT - Software
1.35%1.36%1.35%
Bharat Forge Limited
Auto Components
1.34%1.35%1.34%
PB Fintech Limited
Financial Technology (Fintech)
1.33%1.33%1.33%
Fortis Healthcare Limited
Healthcare Services
1.29%1.30%1.29%
IDFC First Bank Limited
Banks
1.28%1.28%1.28%
Max Financial Services Limited
Insurance
1.25%1.26%1.25%
GE Vernova T&D India Limited
Electrical Equipment
1.25%1.26%1.25%
Polycab India Limited
Industrial Products
1.19%1.20%1.19%
One 97 Communications Limited
Financial Technology (Fintech)
1.17%1.18%1.17%
Dixon Technologies (India) Limited
Consumer Durables
1.14%1.14%1.14%
Hindustan Petroleum Corporation Limited
Petroleum Products
1.11%1.11%1.11%
Marico Limited
Agricultural Food & other Products
1.10%1.10%1.10%
APL Apollo Tubes Limited
Industrial Products
1.07%1.07%1.07%
SWIGGY LIMITED
Retailing
1.06%1.06%1.06%
Coforge Limited
IT - Software
1.04%1.05%1.04%
Union Bank of India
Banks
1.03%1.03%1.03%
Bharat Heavy Electricals Limited
Electrical Equipment
1.02%1.02%1.02%
Sundaram Finance Limited
Finance
1.00%1.00%1.00%
SRF Limited
Chemicals & Petrochemicals
0.98%0.98%0.98%
Yes Bank Ltd
Banks
0.96%0.96%0.96%
FSN E-Commerce Ventures Limited
Retailing
0.95%0.96%0.95%
GMR Airports Limited
Transport Infrastructure
0.94%0.95%0.94%
Muthoot Finance Limited
Finance
0.94%0.95%0.94%
UPL Limited
Fertilizers & Agrochemicals
0.94%0.94%0.94%
Voltas Limited
Consumer Durables
0.93%0.94%0.93%
Indian Bank
Banks
0.92%0.92%0.92%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
0.90%0.90%0.90%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
0.86%0.87%0.86%
Hitachi Energy India Limited
Electrical Equipment
0.85%0.86%0.85%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.84%0.85%0.84%
National Aluminium Company Limited
Non - Ferrous Metals
0.84%0.84%0.84%
KEI Industries Limited
Industrial Products
0.82%0.83%0.82%
The Phoenix Mills Limited
Realty
0.81%0.82%0.81%
Dabur India Limited
Personal Products
0.80%0.81%0.80%
Torrent Power Limited
Power
0.78%0.79%0.78%
Colgate Palmolive (India) Limited
Personal Products
0.78%0.78%0.78%
TUBE INVESTMENTS OF INDIA LTD
Auto Components
0.77%0.78%0.77%
Vodafone Idea Limited
Telecom - Services
0.77%0.77%0.77%
NMDC Limited
Minerals & Mining
0.74%0.75%0.74%
360 ONE WAM LIMITED
Capital Markets
0.74%0.74%0.74%
Biocon Limited
Pharmaceuticals & Biotechnology
0.73%0.73%0.73%
MRF Limited
Auto Components
0.70%0.75%0.70%
Aditya Birla Capital Limited
Finance
0.69%0.70%0.69%
Oil India Limited
Oil
0.69%0.70%0.69%
Coromandel International Limited
Fertilizers & Agrochemicals
0.69%0.69%0.69%
MphasiS Limited
IT - Software
0.69%0.69%0.69%
WAAREE ENERGIES LIMITED
Electrical Equipment
0.68%0.69%0.68%
Godrej Properties Limited
Realty
0.68%0.68%0.68%
ICICI Prudential Life Insurance Company
Insurance
0.68%0.68%0.68%
Supreme Industries Limited
Industrial Products
0.67%0.68%0.67%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.67%0.67%0.67%
PI Industries Limited
Fertilizers & Agrochemicals
0.66%0.67%0.66%
BLUE STAR LTD
Consumer Durables
0.66%0.66%0.66%
Vishal Mega Mart Limited
Retailing
0.66%0.66%0.66%
Jindal Stainless Limited
Ferrous Metals
0.65%0.66%0.65%
Mahindra & Mahindra Financial Serv Ltd.
Finance
0.65%0.65%0.65%
Petronet LNG Limited
Gas
0.64%0.64%0.64%
Sona BLW Precision Forgings Limited
Auto Components
0.63%0.63%0.63%
Steel Authority of India Limited
Ferrous Metals
0.63%0.63%0.63%
NHPC Limited
Power
0.63%0.63%0.63%
JK Cement Limited
Cement & Cement Products
0.62%0.62%0.62%
Prestige Estates Projects Limited
Realty
0.62%0.62%0.62%
L&T Finance Limited
Finance
0.61%0.61%0.61%
SBI Cards and Payment Services Limited
Finance
0.61%0.61%0.61%
UNO Minda Limited
Auto Components
0.57%0.57%0.57%
Bank of India
Banks
0.56%0.56%0.56%
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
0.56%0.56%0.56%
Astral Limited
Industrial Products
0.54%0.54%0.54%
Jubilant Foodworks Limited
Leisure Services
0.53%0.54%0.53%
Balkrishna Industries Limited
Auto Components
0.50%0.50%0.50%
Tata Communications Limited
Telecom - Services
0.49%0.50%0.49%
APAR INDUSTRIES LTD
Electrical Equipment
0.48%0.50%0.48%
Page Industries Limited
Textiles & Apparels
0.48%0.53%0.48%
Rail Vikas Nigam Limited
Construction
0.47%0.47%0.47%
Oberoi Realty Limited
Realty
0.47%0.47%0.47%
Schaeffler India Ltd
Auto Components
0.46%0.46%0.46%
Patanjali Foods Limited
Agricultural Food & other Products
0.45%0.46%0.45%
Indian Railway Catering & Tourism Corp
Leisure Services
0.45%0.45%0.45%
Container Corporation of India Limited
Transport Services
0.45%0.45%0.45%
Nippon Life India Asset Management Ltd
Capital Markets
0.43%0.44%0.43%
ITC Hotels Limited
Leisure Services
0.43%0.43%0.43%
Oracle Financial Services Software
IT - Software
0.43%0.44%0.43%
LIC Housing Finance Limited
Finance
0.42%0.43%0.42%
Lloyds Metals And Energy Limited
Minerals & Mining
0.42%0.42%0.42%
Dalmia Bharat Limited
Cement & Cement Products
0.42%0.42%0.42%
KALYAN JEWELLERS INDIA LIMITED
Consumer Durables
0.42%0.42%0.42%
Tata Elxsi Limited
IT - Software
0.40%0.41%0.40%
Bank of Maharashtra
Banks
0.40%0.40%0.40%
Exide Industries Limited
Auto Components
0.40%0.40%0.40%
AIA Engineering Limited
Industrial Products
0.39%0.39%0.39%
Apollo Tyres Limited
Auto Components
0.39%0.39%0.39%
Gujarat Fluorochemicals Limited
Chemicals & Petrochemicals
0.38%0.39%0.38%
Adani Total Gas Limited
Gas
0.37%0.37%0.37%
Linde India Limited
Chemicals & Petrochemicals
0.37%0.37%0.37%
Abbott India Limited
Pharmaceuticals & Biotechnology
0.35%0.37%0.35%
Berger Paints (I) Limited
Consumer Durables
0.34%0.34%0.34%
Cochin Shipyard Limited
Industrial Manufacturing
0.33%0.33%0.33%
KPIT Technologies Limited
IT - Software
0.33%0.33%0.33%
AFebta Pharma Limited
Pharmaceuticals & Biotechnology
0.33%0.33%0.33%
Bharti Hexacom Limited
Telecom - Services
0.32%0.32%0.32%
Thermax Limited
Electrical Equipment
0.32%0.32%0.32%
Indraprastha Gas Limited
Gas
0.31%0.32%0.31%
General Insurance Corporation of India
Insurance
0.31%0.31%0.31%
Bharat Dynamics Limited
Aerospace & Defense
0.31%0.31%0.31%
United Breweries Limited
Beverages
0.30%0.31%0.30%
Escorts Kubota Limited
Agricultural, Commercial & Construction Vehicles
0.30%0.31%0.30%
Motilal Oswal Financial Services
Capital Markets
0.29%0.30%0.29%
Deepak Nitrite Ltd
Chemicals & Petrochemicals
0.28%0.29%0.28%
GlaxoSmithKline Pharmaceuticals Ltd
Pharmaceuticals & Biotechnology
0.28%0.28%0.28%
CRISIL Limited
Finance
0.28%0.28%0.28%
K.P.R. Mill Ltd
Textiles & Apparels
0.27%0.27%0.27%
Procter & Gamble Hygiene and Health Care
Personal Products
0.26%0.28%0.26%
Tata Technologies Limited
IT - Services
0.26%0.27%0.26%
Indian Renewable Energy Dev Agency Ltd
Finance
0.26%0.26%0.26%
ACC Limited
Cement & Cement Products
0.25%0.26%0.25%
GLOBAL HEALTH LIMITED
Healthcare Services
0.25%0.25%0.25%
L&T Technology Services Ltd
IT - Services
0.25%0.26%0.25%
3M India Limited
Diversified
0.25%0.28%0.25%
Housing and Urban Development Corp. Ltd.
Finance
0.25%0.25%0.25%
Endurance Technologies Limited
Auto Components
0.24%0.25%0.24%
Adani Wilmar Limited
Agricultural Food & other Products
0.23%0.23%0.23%
Godfrey Phillips India Limited
Cigarettes & Tobacco Products
0.22%0.23%0.22%
Tata Investment Corporation Ltd.
Finance
0.22%0.23%0.22%
Neyveli Lignite Corporation Ltd.
Power
0.22%0.22%0.22%
Premier Energies Limited
Electrical Equipment
0.22%0.22%0.22%
NTPC Green Energy Limited
Power
0.22%0.22%0.22%
IRB Infrastructure Developers Limited
Construction
0.22%0.22%0.22%
JSW Infrastructure Limited
Transport Infrastructure
0.22%0.22%0.22%
Syngene International Limited
Healthcare Services
0.21%0.21%0.21%
Hexaware Technologies Limited
IT - Software
0.18%0.19%0.18%
Gujarat Gas Limited
Gas
0.18%0.19%0.18%
IDBI Bank Limited
Banks
0.17%0.17%0.17%
Honeywell Automation India Limited
Industrial Manufacturing
0.15%0.18%0.15%
Indian Overseas Bank
Banks
0.14%0.14%0.14%
SJVN LIMITED
Power
0.14%0.14%0.14%
Fertilizers and Chemicals Travancore Ltd
Fertilizers & Agrochemicals
0.12%0.12%0.12%
Godrej Industries Ltd
Diversified
0.11%0.11%0.11%
The New India Assurance Company Ltd
Insurance
0.09%0.09%0.09%
UCO Bank
Banks
0.09%0.09%0.09%

Unique to IB53-Groww Nifty Midcap 150 ET

All top holdings are shared with the other fund.

Unique to Mirae Asset Nifty Midcap 150 E

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks
10.6% (12)
Pharmaceuticals & Biotechnology
7.0% (10)
Industrial Products
6.4% (7)
Electrical Equipment
6.2% (8)
Auto Components
6.0% (10)
Finance
5.9% (11)
Capital Markets
5.8% (5)
IT - Software
4.4% (7)
Consumer Durables
3.5% (5)
Telecom - Services
3.1% (4)
Retailing
2.7% (3)
Realty
2.6% (4)
Financial Technology (Fintech)
2.5% (2)
Fertilizers & Agrochemicals
2.4% (4)
Insurance
2.3% (4)
Chemicals & Petrochemicals
2.0% (4)
Power
2.0% (5)
Automobiles
1.9% (1)
Agricultural, Commercial & Construction Vehicles
1.9% (2)
Personal Products
1.8% (3)
Agricultural Food & other Products
1.8% (3)
Healthcare Services
1.8% (3)
Gas
1.5% (4)
Leisure Services
1.4% (3)
Cement & Cement Products
1.3% (3)
Ferrous Metals
1.3% (2)
Transport Infrastructure
1.2% (2)
Minerals & Mining
1.2% (2)
Petroleum Products
1.1% (1)
Non - Ferrous Metals
0.8% (1)
Textiles & Apparels
0.8% (2)
Oil
0.7% (1)
Construction
0.7% (2)
IT - Services
0.5% (2)
Industrial Manufacturing
0.5% (2)
Transport Services
0.5% (1)
Diversified
0.4% (2)
Aerospace & Defense
0.3% (1)
Beverages
0.3% (1)
Cigarettes & Tobacco Products
0.2% (1)

More comparisons for IB53-Groww Nifty Midcap 150 ET

More comparisons for Mirae Asset Nifty Midcap 150 E

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