IB61-Groww Nifty PSE ETF vs Invesco India PSU Equity Fund

Groww vs Invesco· Portfolio Overlap Analysis

42.4%High Overlap
11 common stocksRank #19886 / 20,000

Investor takeaway: At 42.4% 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 (11)

StockWt% in IB61-Groww Nifty PSE ETFWt% in Invesco India PSU EquityOverlap
Bharat Electronics Limited
Aerospace & Defense
12.35%6.82%6.82%
Bharat Petroleum Corporation Limited
Petroleum Products
5.79%6.93%5.79%
Hindustan Aeronautics Limited
Aerospace & Defense
5.76%6.76%5.76%
NTPC Limited
Power
14.04%4.55%4.55%
GAIL (India) Limited
Gas
3.55%3.47%3.47%
REC Limited
Finance
3.39%3.94%3.39%
Oil & Natural Gas Corporation Limited
Oil
8.42%3.37%3.37%
Power Grid Corporation of India Limited
Power
10.49%3.27%3.27%
Hindustan Petroleum Corporation Limited
Petroleum Products
3.27%2.76%2.76%
NHPC Limited
Power
1.85%2.64%1.85%
Indian Railway Catering & Tourism Corp
Leisure Services
1.33%1.44%1.33%

Unique to IB61-Groww Nifty PSE ETF

  • Coal India Limited7.58%
  • Indian Oil Corporation Limited5.43%
  • Power Finance Corporation Limited4.67%

Unique to Invesco India PSU Equity

  • State Bank of India9.32%
  • Indian Bank7.59%
  • NTPC Green Energy Limited5.45%
  • Bank of Baroda5.28%
  • Dredging Corporation of India Limited4.07%

Sector Overlap Breakdown

Aerospace & Defense
12.6% (2)
Power
9.7% (3)
Petroleum Products
8.6% (2)
Gas
3.5% (1)
Finance
3.4% (1)
Oil
3.4% (1)
Leisure Services
1.3% (1)

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