Loading fund overlap…
54 of 728 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 37.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.52 is allocated to the exact same companies at the same relative proportions. The schemes share 54 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.78% in DSP ELSS Tax Saver Fund and 7.27% in IB18-Groww Nifty Total Market Index Fund. Holding both schemes increases your concentration in HDFC 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 DSP | in IB18-Groww |
|---|---|---|
| HDFC BankBanks | 8.78% | 7.27% |
| ICICI BankBanks | 9.27% | 4.63% |
| Bharti AirtelTelecom - Services | 3.38% | 2.70% |
| InfosysIT - Software | 2.56% | 2.57% |
| State Bank of IndiaBanks | 4.13% | 1.87% |
| Axis BankBanks | 7.47% | 1.70% |
| Larsen & ToubroConstruction | 1.59% | 2.28% |
| Tata Consultancy ServicesIT - Software | 2.07% | 1.51% |
| Mahindra & MahindraAutomobiles | 2.42% | 1.49% |
| ITCDiversified FMCG | 1.20% | 1.95% |
| EternalRetailing | 1.38% | 1.07% |
| Hindustan UnileverDiversified FMCG | 1.52% | 1.05% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.35% | 0.86% |
| NTPCPower | 1.81% | 0.77% |
| Ultratech CementCement & Cement Products | 1.07% | 0.68% |
| Asian PaintsConsumer Durables | 1.53% | 0.55% |
| Shriram FinanceFinance | 1.05% | 0.51% |
| SBI Life Insurance CompanyInsurance | 1.35% | 0.42% |
| CiplaPharmaceuticals & Biotechnology | 1.89% | 0.41% |
| Cholamandalam Investment and Finance CompanyFinance | 1.04% | 0.34% |
| Bharat Petroleum CorporationPetroleum Products | 1.61% | 0.33% |
| CoforgeIT - Software | 1.62% | 0.29% |
| Power Finance CorporationFinance | 0.92% | 0.28% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.76% | 0.26% |
| Fortis HealthcareHealthcare Services | 1.27% | 0.26% |
| AU Small Finance BankBanks | 0.93% | 0.24% |
| Indus TowersTelecom - Services | 1.77% | 0.23% |
| Samvardhana Motherson InternationalAuto Components | 1.90% | 0.23% |
| Hindustan Petroleum CorporationPetroleum Products | 1.06% | 0.22% |
| Max Financial ServicesInsurance | 1.90% | 0.20% |
| Jindal SteelFerrous Metals | 1.25% | 0.19% |
| Bharat ForgeAuto Components | 0.89% | 0.17% |
| Hyundai Motor IndiaAutomobiles | 0.56% | 0.17% |
| SBI Cards and Payment ServicesFinance | 0.32% | 0.13% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.23% | 0.12% |
| Oil IndiaOil | 0.88% | 0.11% |
| Petronet LNGGas | 0.78% | 0.10% |
| Container Corporation of IndiaTransport Services | 0.70% | 0.09% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 1.63% | 0.09% |
| PNB Housing FinanceFinance | 1.15% | 0.08% |
| Exide IndustriesAuto Components | 0.55% | 0.08% |
| Syngene InternationalHealthcare Services | 1.07% | 0.06% |
| ACCCement & Cement Products | 0.41% | 0.06% |
| KEC InternationalConstruction | 0.49% | 0.05% |
| EmamiPersonal Products | 1.07% | 0.05% |
| Cohance LifesciencesPharmaceuticals & Biotechnology | 0.88% | 0.05% |
| AtulChemicals & Petrochemicals | 0.79% | 0.04% |
| Gujarat GasGas | 0.69% | 0.03% |
| Sansera EngineeringAuto Components | 0.71% | 0.03% |
| Alembic PharmaceuticalsPharmaceuticals & Biotechnology | 0.65% | 0.02% |
| GHCLChemicals & Petrochemicals | 0.36% | 0.02% |
| Niva Bupa Health Insurance CompanyInsurance | 0.44% | 0.02% |
| Century Plyboards (India)Consumer Durables | 0.90% | 0.02% |
| Ahluwalia Contracts (India)Construction | 0.56% | 0.01% |
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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.