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17 of 80 unique stocks in common · Jaccard: 21.3%
A weighted portfolio overlap of 46.63% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹46.63 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.23% in IB01-Groww Large Cap Fund and 8.66% in SBI Large Cap Fund. Holding both schemes increases your concentration in ICICI 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 IB01-Groww | in SBI |
|---|---|---|
| ICICI BankBanks | 9.23% | 8.66% |
| HDFC BankBanks | 7.76% | 7.78% |
| Larsen & ToubroConstruction | 7.34% | 5.43% |
| State Bank of IndiaBanks | 3.22% | 3.67% |
| Samvardhana Motherson InternationalAuto Components | 2.75% | 3.77% |
| Axis BankBanks | 2.37% | 3.24% |
| Cholamandalam Investment and Finance CompanyFinance | 2.78% | 2.22% |
| Bharti AirtelTelecom - Services | 4.73% | 2.10% |
| Tech MahindraIT - Software | 2.43% | 1.92% |
| Reliance IndustriesPetroleum Products | 1.80% | 3.59% |
| EternalRetailing | 2.63% | 1.73% |
| Kotak Mahindra BankBanks | 1.60% | 3.65% |
| InfosysIT - Software | 1.47% | 3.66% |
| ICICI Prudential Asset Management CompanyCapital Markets | 1.30% | 1.13% |
| Hindustan UnileverDiversified FMCG | 0.94% | 1.46% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 0.91% | 1.37% |
| Tata SteelFerrous Metals | 1.06% | 0.62% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.