ICICI Prudential Nifty Auto ETF vs Mirae Asset Nifty EV and New Age Automotive ETF

ICICI vs Mirae· Portfolio Overlap Analysis

50.4%High Overlap
15 common stocksRank #9571 / 20,000

Investor takeaway: At 50.4% 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 (15)

StockWt% in ICICI Prudential Nifty Auto ETWt% in Mirae Asset Nifty EV and New AOverlap
Mahindra & Mahindra Ltd.
Automobiles
24.12%7.60%7.60%
Maruti Suzuki India Ltd.
Automobiles
15.50%7.25%7.25%
Samvardhana Motherson International Ltd.
Auto Components
4.71%4.53%4.53%
Bajaj Auto Ltd.
Automobiles
8.79%4.32%4.32%
Eicher Motors Ltd.
Automobiles
8.77%4.31%4.31%
TVS Motor Company Ltd.
Automobiles
7.23%3.55%3.55%
Tata Motors Passenger Vehicles Ltd.
Automobiles
6.37%3.13%3.13%
Hero Motocorp Ltd.
Automobiles
5.89%2.90%2.90%
Bosch Ltd.
Auto Components
2.51%4.12%2.51%
Ashok Leyland Ltd.
Agricultural, Commercial & Construction Vehicles
4.80%2.36%2.36%
Bharat Forge Ltd.
Auto Components
4.06%1.99%1.99%
Sona Blw Precision Forgings Ltd.
Auto Components
1.91%4.49%1.91%
UNO Minda Ltd.
Auto Components
1.72%3.79%1.72%
Exide Industries Ltd.
Auto Components
1.21%3.19%1.21%
Tube Investments of India Ltd.
Auto Components
2.34%1.15%1.15%

Unique to ICICI Prudential Nifty Auto ET

All top holdings are shared with the other fund.

Unique to Mirae Asset Nifty EV and New A

  • KEI Industries Ltd.4.71%
  • CG Power and Industrial Solutions Ltd.4.48%

Sector Overlap Breakdown

Automobiles
33.1% (7)
Auto Components
15.0% (7)
Agricultural, Commercial & Construction Vehicles
2.4% (1)

More comparisons for ICICI Prudential Nifty Auto ET

More comparisons for Mirae Asset Nifty EV and New A

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