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16 of 97 unique stocks in common · Jaccard: 16.5%
A weighted portfolio overlap of 34.79% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.79 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 7.74% in IB11-Groww ELSS Tax Saver 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 IB11-Groww | in IB13-Groww |
|---|---|---|
| HDFC BankBanks | 7.74% | 7.02% |
| ICICI BankBanks | 5.32% | 5.53% |
| Reliance IndustriesPetroleum Products | 4.72% | 4.21% |
| Bharti AirtelTelecom - Services | 2.60% | 5.02% |
| Bajaj Holdings & InvestmentFinance | 2.57% | 3.85% |
| Larsen & ToubroConstruction | 2.29% | 4.24% |
| State Bank of IndiaBanks | 2.12% | 4.48% |
| Axis BankBanks | 1.81% | 2.89% |
| Maruti Suzuki IndiaAutomobiles | 2.52% | 1.33% |
| Gillette IndiaPersonal Products | 2.29% | 1.21% |
| Tata Consultancy ServicesIT - Software | 1.77% | 0.98% |
| NTPCPower | 0.87% | 1.21% |
| Tata SteelFerrous Metals | 0.83% | 2.02% |
| Coal IndiaConsumable Fuels | 0.83% | 3.17% |
| Container Corporation of IndiaTransport Services | 0.48% | 0.97% |
| Hyundai Motor IndiaAutomobiles | 0.30% | 1.06% |
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.