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61 of 736 unique stocks in common · Jaccard: 8.3%
A weighted portfolio overlap of 38.54% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.54 is allocated to the exact same companies at the same relative proportions. The schemes share 61 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.26% in HDFC Value 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 HDFC | in IB18-Groww |
|---|---|---|
| HDFC BankBanks | 5.26% | 7.27% |
| ICICI BankBanks | 6.44% | 4.63% |
| Bharti AirtelTelecom - Services | 3.25% | 2.70% |
| InfosysIT - Software | 2.70% | 2.57% |
| Larsen & ToubroConstruction | 2.93% | 2.28% |
| Reliance IndustriesPetroleum Products | 2.26% | 4.85% |
| State Bank of IndiaBanks | 3.49% | 1.87% |
| Axis BankBanks | 4.27% | 1.70% |
| EternalRetailing | 1.51% | 1.07% |
| Maruti Suzuki IndiaAutomobiles | 1.29% | 1.02% |
| Hindustan UnileverDiversified FMCG | 1.01% | 1.05% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 2.21% | 0.86% |
| HCL TechnologiesIT - Software | 1.46% | 0.79% |
| NTPCPower | 2.65% | 0.77% |
| Bharat ElectronicsAerospace & Defense | 2.25% | 0.74% |
| Ultratech CementCement & Cement Products | 1.11% | 0.68% |
| InterGlobe AviationTransport Services | 0.72% | 0.59% |
| TrentRetailing | 1.10% | 0.50% |
| Bajaj AutoAutomobiles | 1.22% | 0.47% |
| Eicher MotorsAutomobiles | 1.37% | 0.46% |
| Tech MahindraIT - Software | 1.72% | 0.44% |
| SBI Life Insurance CompanyInsurance | 2.13% | 0.42% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.28% | 0.41% |
| Max Healthcare InstituteHealthcare Services | 0.97% | 0.41% |
| Bharat Petroleum CorporationPetroleum Products | 0.82% | 0.33% |
| Britannia IndustriesFood Products | 1.35% | 0.33% |
| Info Edge (India)Retailing | 0.78% | 0.26% |
| AU Small Finance BankBanks | 2.48% | 0.24% |
| LupinPharmaceuticals & Biotechnology | 1.47% | 0.23% |
| Hindustan Petroleum CorporationPetroleum Products | 0.79% | 0.22% |
| Godrej Consumer ProductsPersonal Products | 1.29% | 0.22% |
| United SpiritsBeverages | 1.37% | 0.20% |
| Max Financial ServicesInsurance | 1.28% | 0.20% |
| Jindal SteelFerrous Metals | 0.87% | 0.19% |
| Ambuja CementsCement & Cement Products | 1.04% | 0.17% |
| Hyundai Motor IndiaAutomobiles | 0.66% | 0.17% |
| Tube Investments of IndiaAuto Components | 1.12% | 0.16% |
| BoschAuto Components | 1.45% | 0.16% |
| MphasisIT - Software | 0.62% | 0.15% |
| The Phoenix MillsRealty | 1.62% | 0.15% |
| Prestige Estates ProjectsRealty | 1.49% | 0.14% |
| Karur Vysya BankBanks | 1.11% | 0.11% |
| Tata CommunicationsTelecom - Services | 1.23% | 0.11% |
| Sona BLW Precision ForgingsAuto Components | 1.08% | 0.10% |
| Balkrishna IndustriesAuto Components | 0.74% | 0.09% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.78% | 0.09% |
| PNB Housing FinanceFinance | 1.35% | 0.08% |
| Apar IndustriesElectrical Equipment | 1.18% | 0.07% |
| Poonawalla FincorpFinance | 0.12% | 0.07% |
| Five Star Business FinanceFinance | 1.31% | 0.06% |
| CESCPower | 0.80% | 0.05% |
| Global HealthHealthcare Services | 1.02% | 0.05% |
| Zensar TechnologiesIT - Software | 0.61% | 0.04% |
| Techno Electric & Engineering CompanyConstruction | 0.59% | 0.03% |
| Aavas FinanciersFinance | 0.93% | 0.03% |
| Equitas Small Finance BankBanks | 1.01% | 0.03% |
| Jubilant IngreviaChemicals & Petrochemicals | 0.82% | 0.03% |
| GMM PfaudlerIndustrial Manufacturing | 0.31% | 0.02% |
| Sterlite TechnologiesTelecom - Equipment & Accessories | 1.61% | 0.02% |
| Acme Solar HoldingsPower | 1.10% | 0.01% |
| Electronics Mart IndiaRetailing | 0.54% | 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.