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15 of 113 unique stocks in common · Jaccard: 13.3%
A weighted portfolio overlap of 22.56% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.56 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.01% in Aditya Birla Sun Life Infrastructure Fund and 4.72% in IB11-Groww ELSS Tax Saver Fund. Holding both schemes increases your concentration in Reliance Industries 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 IB11-Groww |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.01% | 4.72% |
| Bharti AirtelTelecom - Services | 5.36% | 2.60% |
| Larsen & ToubroConstruction | 5.72% | 2.29% |
| State Bank of IndiaBanks | 1.82% | 2.12% |
| ICICI BankBanks | 1.80% | 5.32% |
| JK CementCement & Cement Products | 2.24% | 1.64% |
| Ultratech CementCement & Cement Products | 3.47% | 1.34% |
| Axis BankBanks | 1.33% | 1.81% |
| Bharat ElectronicsAerospace & Defense | 1.65% | 1.04% |
| GMR AirportsTransport Infrastructure | 2.27% | 1.04% |
| GE Vernova T&D IndiaElectrical Equipment | 1.49% | 0.97% |
| NTPCPower | 4.34% | 0.87% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.99% | 0.74% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.85% | 0.60% |
| Schaeffler IndiaAuto Components | 1.58% | 0.48% |
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.