Loading fund overlap…
16 of 62 unique stocks in common · Jaccard: 25.8%
A weighted portfolio overlap of 39.63% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹39.63 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.85% in IB03-Groww Aggressive Hybrid 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 IB03-Groww | in IB13-Groww |
|---|---|---|
| HDFC BankBanks | 8.85% | 7.02% |
| ICICI BankBanks | 7.86% | 5.53% |
| Larsen & ToubroConstruction | 5.32% | 4.24% |
| Bharti AirtelTelecom - Services | 4.07% | 5.02% |
| Reliance IndustriesPetroleum Products | 3.91% | 4.21% |
| State Bank of IndiaBanks | 3.13% | 4.48% |
| Power Finance CorporationFinance | 2.24% | 3.71% |
| Tata SteelFerrous Metals | 2.01% | 2.02% |
| Emcure PharmaceuticalsPharmaceuticals & Biotechnology | 1.87% | 1.35% |
| Maruti Suzuki IndiaAutomobiles | 2.52% | 1.33% |
| Sandhar TechnologiesAuto Components | 1.14% | 1.36% |
| Axis BankBanks | 0.97% | 2.89% |
| NTPCPower | 0.96% | 1.21% |
| Shriram Pistons & RingsAuto Components | 0.88% | 1.28% |
| Ambuja CementsCement & Cement Products | 0.73% | 1.84% |
| Indiqube SpacesCommercial Services & Supplies | 0.11% | 1.64% |
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 Oct 2025). Equity holdings only, ISIN-verified. Not investment advice.