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14 of 89 unique stocks in common · Jaccard: 15.7%
A weighted portfolio overlap of 36.22% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.22 is allocated to the exact same companies at the same relative proportions. The schemes share 14 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 9.31% in Nippon India Large Cap 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 Nippon |
|---|---|---|
| HDFC BankBanks | 7.02% | 9.31% |
| ICICI BankBanks | 5.53% | 6.47% |
| State Bank of IndiaBanks | 4.48% | 6.04% |
| Reliance IndustriesPetroleum Products | 4.21% | 7.30% |
| Larsen & ToubroConstruction | 4.24% | 3.71% |
| Axis BankBanks | 2.89% | 4.46% |
| Tata SteelFerrous Metals | 2.02% | 1.58% |
| Maruti Suzuki IndiaAutomobiles | 1.33% | 2.17% |
| NTPCPower | 1.21% | 2.99% |
| ICICI Lombard General Insurance CompanyInsurance | 1.74% | 1.11% |
| SBI Life Insurance CompanyInsurance | 4.11% | 1.10% |
| Coal IndiaConsumable Fuels | 3.17% | 0.87% |
| Bharti AirtelTelecom - Services | 5.02% | 0.73% |
| Gillette IndiaPersonal Products | 1.21% | 0.44% |
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 Oct 2025). Equity holdings only, ISIN-verified. Not investment advice.