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19 of 76 unique stocks in common · Jaccard: 25%
A weighted portfolio overlap of 45.6% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹45.6 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.81% in Aditya Birla Sun Life ELSS Tax Saver Fund and 8.83% in IB01-Groww Large Cap Fund. Holding both schemes increases your concentration in ICICI Bank rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in Aditya | in IB01-Groww |
|---|---|---|
| ICICI BankBanks | 6.81% | 8.83% |
| HDFC BankBanks | 6.47% | 9.16% |
| Reliance IndustriesPetroleum Products | 4.24% | 6.96% |
| State Bank of IndiaBanks | 4.09% | 5.02% |
| Bharti AirtelTelecom - Services | 2.84% | 4.88% |
| Larsen & ToubroConstruction | 2.49% | 7.11% |
| Axis BankBanks | 3.98% | 2.48% |
| Cummins IndiaIndustrial Products | 2.19% | 2.00% |
| Mahindra & MahindraAutomobiles | 2.55% | 1.82% |
| InfosysIT - Software | 4.18% | 1.68% |
| Bajaj FinanceFinance | 1.68% | 3.85% |
| Avenue SupermartsRetailing | 1.51% | 1.88% |
| Cholamandalam Investment and Finance CompanyFinance | 1.46% | 2.61% |
| EternalRetailing | 2.24% | 1.45% |
| Ultratech CementCement & Cement Products | 1.18% | 1.48% |
| Titan CompanyConsumer Durables | 1.44% | 1.06% |
| Hindustan UnileverDiversified FMCG | 1.00% | 1.22% |
| NTPCPower | 1.57% | 0.95% |
| Emcure PharmaceuticalsPharmaceuticals & Biotechnology | 1.58% | 0.42% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.