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15 of 124 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 22.19% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.19 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 3.56% in Aditya Birla Sun Life Value 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 | 3.56% | 4.72% |
| HDFC BankBanks | 3.20% | 7.74% |
| ICICI BankBanks | 2.91% | 5.32% |
| InfosysIT - Software | 3.55% | 2.13% |
| State Bank of IndiaBanks | 2.94% | 2.12% |
| Axis BankBanks | 2.98% | 1.81% |
| NTPCPower | 2.93% | 0.87% |
| Bharat ElectronicsAerospace & Defense | 0.85% | 1.04% |
| Craftsman AutomationAuto Components | 0.82% | 1.52% |
| Asahi India GlassAuto Components | 0.80% | 2.92% |
| Hero MotoCorpAutomobiles | 1.00% | 0.78% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.30% | 0.74% |
| Larsen & ToubroConstruction | 0.68% | 2.29% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 2.19% | 0.60% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.48% | 0.34% |
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.