Loading fund overlap…
18 of 175 unique stocks in common · Jaccard: 10.3%
A weighted portfolio overlap of 20.68% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹20.68 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.02% in IB13-Groww Value Fund and 5.15% in ICICI Prudential Arbitrage Fund. Holding both schemes increases your concentration in Bharti Airtel 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 IB13-Groww | in ICICI |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.02% | 5.15% |
| HDFC BankBanks | 7.02% | 3.90% |
| Reliance IndustriesPetroleum Products | 4.21% | 3.50% |
| State Bank of IndiaBanks | 4.48% | 2.95% |
| Axis BankBanks | 2.89% | 0.99% |
| Tata SteelFerrous Metals | 2.02% | 0.60% |
| Maruti Suzuki IndiaAutomobiles | 1.33% | 0.54% |
| Larsen & ToubroConstruction | 4.24% | 0.53% |
| NTPCPower | 1.21% | 0.53% |
| Ambuja CementsCement & Cement Products | 1.84% | 0.42% |
| Container Corporation of IndiaTransport Services | 0.97% | 0.40% |
| ICICI BankBanks | 5.53% | 0.39% |
| Manappuram FinanceFinance | 1.72% | 0.33% |
| Power Finance CorporationFinance | 3.71% | 0.21% |
| SBI Life Insurance CompanyInsurance | 4.11% | 0.21% |
| Bajaj Holdings & InvestmentFinance | 3.85% | 0.08% |
| Tata Consultancy ServicesIT - Software | 0.98% | 0.04% |
| Tube Investments of IndiaAuto Components | 1.29% | 0.04% |
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.