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7 of 90 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 9.62% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹9.62 is allocated to the exact same companies at the same relative proportions. The schemes share 7 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 3.26% in Lic Mf Consumption 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 Lic |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.02% | 3.26% |
| Axis BankBanks | 2.89% | 2.06% |
| ICICI Lombard General Insurance CompanyInsurance | 1.74% | 1.61% |
| Gillette IndiaPersonal Products | 1.21% | 1.13% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.60% | 1.79% |
| PfizerPharmaceuticals & Biotechnology | 0.50% | 1.41% |
| Hyundai Motor IndiaAutomobiles | 1.06% | 0.47% |
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.