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6 of 79 unique stocks in common · Jaccard: 7.6%
A weighted portfolio overlap of 5.32% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.32 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Maruti Suzuki India, which commands a weight of 1.33% in IB13-Groww Value Fund and 7.49% in ICICI Prudential Transportation and Logistics Fund. Holding both schemes increases your concentration in Maruti Suzuki India 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 |
|---|---|---|
| Maruti Suzuki IndiaAutomobiles | 1.33% | 7.49% |
| Hyundai Motor IndiaAutomobiles | 1.06% | 4.30% |
| Sharda Motor IndustriesAuto Components | 0.92% | 1.65% |
| Container Corporation of IndiaTransport Services | 0.97% | 0.85% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.61% | 1.28% |
| GNA AxlesAuto Components | 0.92% | 0.54% |
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.