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68 of 726 unique stocks in common · Jaccard: 9.4%
A weighted portfolio overlap of 48.04% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹48.04 is allocated to the exact same companies at the same relative proportions. The schemes share 68 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 7.27% 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 IB11-Groww | in IB18-Groww |
|---|---|---|
| HDFC BankBanks | 7.74% | 7.27% |
| Reliance IndustriesPetroleum Products | 4.72% | 4.85% |
| ICICI BankBanks | 5.32% | 4.63% |
| Bharti AirtelTelecom - Services | 2.60% | 2.70% |
| Larsen & ToubroConstruction | 2.29% | 2.28% |
| InfosysIT - Software | 2.13% | 2.57% |
| State Bank of IndiaBanks | 2.12% | 1.87% |
| Axis BankBanks | 1.81% | 1.70% |
| Tata Consultancy ServicesIT - Software | 1.77% | 1.51% |
| Kotak Mahindra BankBanks | 1.48% | 1.49% |
| Bajaj FinanceFinance | 1.75% | 1.34% |
| EternalRetailing | 2.21% | 1.07% |
| Hindustan UnileverDiversified FMCG | 1.65% | 1.05% |
| Maruti Suzuki IndiaAutomobiles | 2.52% | 1.02% |
| NTPCPower | 0.87% | 0.77% |
| Bharat ElectronicsAerospace & Defense | 1.04% | 0.74% |
| Tata SteelFerrous Metals | 0.83% | 0.73% |
| Mahindra & MahindraAutomobiles | 0.70% | 1.49% |
| Ultratech CementCement & Cement Products | 1.34% | 0.68% |
| HCL TechnologiesIT - Software | 0.65% | 0.79% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.60% | 0.52% |
| ITCDiversified FMCG | 0.51% | 1.95% |
| Jio Financial ServicesFinance | 0.91% | 0.48% |
| Eicher MotorsAutomobiles | 2.02% | 0.46% |
| Coal IndiaConsumable Fuels | 0.83% | 0.43% |
| TVS Motor CompanyAutomobiles | 1.17% | 0.40% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.74% | 0.37% |
| Asian PaintsConsumer Durables | 0.37% | 0.55% |
| Hero MotoCorpAutomobiles | 0.78% | 0.35% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.34% | 0.86% |
| IDFC First BankBanks | 0.35% | 0.26% |
| Oil & Natural Gas CorporationOil | 0.26% | 0.48% |
| Fortis HealthcareHealthcare Services | 1.77% | 0.26% |
| Bajaj Holdings & InvestmentFinance | 2.57% | 0.26% |
| Power Grid Corporation of IndiaPower | 0.25% | 0.63% |
| Cholamandalam Investment and Finance CompanyFinance | 0.25% | 0.34% |
| One 97 CommunicationsFinancial Technology (Fintech) | 2.12% | 0.23% |
| RECFinance | 0.88% | 0.23% |
| Max Financial ServicesInsurance | 1.37% | 0.20% |
| GE Vernova T&D IndiaElectrical Equipment | 0.97% | 0.18% |
| Hyundai Motor IndiaAutomobiles | 0.30% | 0.17% |
| FSN E-Commerce VenturesRetailing | 1.86% | 0.16% |
| GMR AirportsTransport Infrastructure | 1.04% | 0.16% |
| BoschAuto Components | 1.37% | 0.16% |
| MRFAuto Components | 0.56% | 0.15% |
| Indian BankBanks | 0.56% | 0.15% |
| Vishal Mega MartRetailing | 0.62% | 0.15% |
| JK CementCement & Cement Products | 1.64% | 0.13% |
| Coromandel InternationalFertilizers & Agrochemicals | 1.03% | 0.12% |
| DelhiveryTransport Services | 1.54% | 0.12% |
| L&T FinanceFinance | 1.53% | 0.11% |
| Container Corporation of IndiaTransport Services | 0.48% | 0.09% |
| Balkrishna IndustriesAuto Components | 0.32% | 0.09% |
| Amber Enterprises IndiaConsumer Durables | 0.34% | 0.08% |
| Schaeffler IndiaAuto Components | 0.48% | 0.08% |
| Aster DM HealthcareHealthcare Services | 0.94% | 0.07% |
| Bharti HexacomTelecom - Services | 1.22% | 0.07% |
| Godfrey Phillips IndiaCigarettes & Tobacco Products | 1.72% | 0.06% |
| Anand Rathi WealthCapital Markets | 2.37% | 0.06% |
| Asahi India GlassAuto Components | 2.92% | 0.05% |
| Kajaria CeramicsConsumer Durables | 0.34% | 0.05% |
| Endurance TechnologiesAuto Components | 1.90% | 0.05% |
| Go Digit General InsuranceInsurance | 1.26% | 0.04% |
| PVR INOXEntertainment | 0.79% | 0.04% |
| Craftsman AutomationAuto Components | 1.52% | 0.04% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.33% | 0.04% |
| Gillette IndiaPersonal Products | 2.29% | 0.04% |
| Aditya Birla Fashion and RetailRetailing | 1.19% | 0.02% |
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.