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12 of 86 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 29.38% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.38 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.02% in IB13-Groww Value Fund and 6.19% in ICICI Prudential ESG Exclusionary Strategy 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 IB13-Groww | in ICICI |
|---|---|---|
| HDFC BankBanks | 7.02% | 6.19% |
| ICICI BankBanks | 5.53% | 6.89% |
| Bharti AirtelTelecom - Services | 5.02% | 3.75% |
| Axis BankBanks | 2.89% | 4.87% |
| SBI Life Insurance CompanyInsurance | 4.11% | 2.57% |
| Reliance IndustriesPetroleum Products | 4.21% | 1.93% |
| State Bank of IndiaBanks | 4.48% | 1.52% |
| Maruti Suzuki IndiaAutomobiles | 1.33% | 4.03% |
| ICICI Lombard General Insurance CompanyInsurance | 1.74% | 1.13% |
| Ambuja CementsCement & Cement Products | 1.84% | 1.04% |
| Tata Consultancy ServicesIT - Software | 0.98% | 1.22% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.51% | 0.61% |
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.