Invesco India NIFTY 50 Exchange Traded Fund vs Kotak MSCI India ETF

Invesco vs Kotak· Portfolio Overlap Analysis

67.5%High Overlap

50 common stocksRank #3517 / 5,000

Investor takeaway: These funds overlap 67.5%. 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 Invesco India NIFTY 50 Exchang	Wt% in Kotak MSCI India ETF	Overlap
HDFC Bank Limited Banks	11.82%	7.35%	7.35%
Reliance Industries Limited Petroleum Products	8.19%	6.17%	6.17%
ICICI Bank Limited Banks	8.57%	5.31%	5.31%
Bharti Airtel Limited Telecom - Services	4.56%	3.51%	3.51%
Infosys Limited IT - Software	3.96%	3.07%	3.07%
Axis Bank Limited Banks	3.45%	2.31%	2.31%
Mahindra & Mahindra Limited Automobiles	2.64%	2.30%	2.30%
Larsen & Toubro Limited Construction	4.37%	2.10%	2.10%
Bajaj Finance Ltd Finance	2.30%	2.03%	2.03%
Tata Consultancy Services Limited IT - Software	2.34%	1.74%	1.74%
Kotak Mahindra Bank Ltd Banks	2.66%	1.65%	1.65%
State Bank of India Banks	4.34%	1.61%	1.61%
Hindustan Unilever Limited Diversified FMCG	1.81%	1.40%	1.40%
Maruti Suzuki India Limited Automobiles	1.70%	1.36%	1.36%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.60%	1.21%	1.21%
NTPC Limited Power	1.58%	1.21%	1.21%
Bharat Electronics Limited Aerospace & Defense	1.39%	1.18%	1.18%
Tata Steel Limited Ferrous Metals	1.53%	1.16%	1.16%
Titan Company Limited Consumer Durables	1.55%	1.12%	1.12%
Shriram Finance Limited Finance	1.32%	1.11%	1.11%
UltraTech Cement Limited Cement & Cement Products	1.31%	1.09%	1.09%
Power Grid Corporation of India Limited Power	1.18%	1.01%	1.01%
HCL Technologies Limited IT - Software	1.28%	0.96%	0.96%
Hindalco Industries Limited Non - Ferrous Metals	1.16%	0.91%	0.91%
Eicher Motors Limited Automobiles	0.96%	0.80%	0.80%
ITC Limited Diversified FMCG	2.63%	0.69%	0.69%
InterGlobe Aviation Limited Transport Services	0.95%	0.67%	0.67%
SBI Life Insurance Company Limited Insurance	0.80%	0.67%	0.67%
Asian Paints Limited Consumer Durables	0.94%	0.66%	0.66%
Oil & Natural Gas Corporation Limited Oil	0.95%	0.64%	0.64%
Nestle India Limited Food Products	0.81%	0.63%	0.63%
Max Healthcare Institute Limited Healthcare Services	0.71%	0.62%	0.62%
Apollo Hospitals Enterprise Limited Healthcare Services	0.70%	0.61%	0.61%
Adani Ports and Special Economic Zone Limited Transport Infrastructure	0.98%	0.60%	0.60%
Coal India Limited Consumable Fuels	0.85%	0.58%	0.58%
JSW Steel Limited Ferrous Metals	1.03%	0.56%	0.56%
Bajaj Finserv Limited Finance	0.99%	0.56%	0.56%
Tata Motors Passenger Vehicles Limited Automobiles	0.70%	0.56%	0.56%
Grasim Industries Limited Cement & Cement Products	0.93%	0.55%	0.55%
Cipla Limited Pharmaceuticals & Biotechnology	0.66%	0.55%	0.55%
Tech Mahindra Limited IT - Software	0.75%	0.53%	0.53%
Jio Financial Services Limited Finance	0.73%	0.53%	0.53%
Trent Limited Retailing	0.75%	0.51%	0.51%
Dr Reddys Laboratories Limited Pharmaceuticals & Biotechnology	0.68%	0.51%	0.51%
HDFC Life Insurance Company Limited Insurance	0.67%	0.51%	0.51%
Bajaj Auto Limited Automobiles	0.96%	0.49%	0.49%
Tata Consumer Products Limited Agricultural Food & other Products	0.65%	0.49%	0.49%
Eternal Limited Retailing	1.54%	0.43%	0.43%
Wipro Limited IT - Software	0.50%	0.38%	0.38%
Adani Enterprises Limited Metals & Minerals Trading	0.49%	0.25%	0.25%

Unique to Invesco India NIFTY 50 Exchang

All top holdings are shared with the other fund.

Unique to Kotak MSCI India ETF

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

18.2% (5)

IT - Software

6.7% (5)

Petroleum Products

6.2% (1)

Automobiles

5.5% (5)

Finance

4.2% (4)

Telecom - Services

3.5% (1)

Pharmaceuticals & Biotechnology

2.3% (3)

Power

2.2% (2)

Construction

2.1% (1)

Diversified FMCG

2.1% (2)

Consumer Durables

1.8% (2)

Ferrous Metals

1.7% (2)

Cement & Cement Products

1.6% (2)

Healthcare Services

1.2% (2)

Aerospace & Defense

1.2% (1)

Insurance

1.2% (2)

Retailing

0.9% (2)

Non - Ferrous Metals

0.9% (1)

Transport Services

0.7% (1)

Oil

0.6% (1)

Food Products

0.6% (1)

Transport Infrastructure

0.6% (1)

Consumable Fuels

0.6% (1)

Agricultural Food & other Products

0.5% (1)

Metals & Minerals Trading

0.3% (1)

More comparisons for Invesco India NIFTY 50 Exchang

vs ADITYA BIRLA SUN LIFE NIFTY 5099.9% · 50 stocks
vs HDFC NIFTY 50 ETF99.9% · 50 stocks
vs HDFC Nifty 50 Index99.9% · 50 stocks
vs ICICI Prudential Nifty 50 ETF99.9% · 50 stocks
vs Kotak Nifty 50 ETF99.9% · 50 stocks

More comparisons for Kotak MSCI India ETF

vs ADITYA BIRLA SUN LIFE MSCI IND99.8% · 164 stocks
vs DSP MSCI India ETF99.2% · 164 stocks
vs IB33-GROWW NIFTY 200 ETF87.6% · 157 stocks
vs SBI BSE 100 ETF83.5% · 98 stocks
vs HDFC NIFTY 100 ETF81.2% · 93 stocks

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