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10 of 64 unique stocks in common · Jaccard: 15.6%
A weighted portfolio overlap of 33.21% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.21 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.42% in Franklin India Focused Equity Fund and 7.02% in IB13-Groww Value 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 Franklin | in IB13-Groww |
|---|---|---|
| HDFC BankBanks | 8.42% | 7.02% |
| ICICI BankBanks | 7.55% | 5.53% |
| Bharti AirtelTelecom - Services | 5.70% | 5.02% |
| Reliance IndustriesPetroleum Products | 6.16% | 4.21% |
| Axis BankBanks | 7.44% | 2.89% |
| State Bank of IndiaBanks | 2.23% | 4.48% |
| Tata SteelFerrous Metals | 4.07% | 2.02% |
| SobhaRealty | 3.26% | 1.97% |
| Maruti Suzuki IndiaAutomobiles | 3.60% | 1.33% |
| Tata Consultancy ServicesIT - Software | 5.33% | 0.98% |
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.