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8 of 99 unique stocks in common · Jaccard: 8.1%
A weighted portfolio overlap of 15.17% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.17 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 5.53% in IB13-Groww Value Fund and 6.63% in ICICI Prudential Quality Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 5.53% | 6.63% |
| HDFC BankBanks | 7.02% | 3.57% |
| ICICI Lombard General Insurance CompanyInsurance | 1.74% | 1.41% |
| Bajaj Holdings & InvestmentFinance | 3.85% | 1.31% |
| State Bank of IndiaBanks | 4.48% | 1.24% |
| Tata Consultancy ServicesIT - Software | 0.98% | 2.32% |
| NTPCPower | 1.21% | 0.60% |
| Astrazeneca Pharma IndiaPharmaceuticals & Biotechnology | 0.51% | 3.22% |
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.