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12 of 108 unique stocks in common · Jaccard: 11.1%
A weighted portfolio overlap of 30.73% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.73 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 6.75% in IB13-Groww Value Fund and 7.52% in UTI Value 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 UTI |
|---|---|---|
| HDFC BankBanks | 6.75% | 7.52% |
| ICICI BankBanks | 5.28% | 6.49% |
| Bharti AirtelTelecom - Services | 4.54% | 4.12% |
| State Bank of IndiaBanks | 4.43% | 3.43% |
| Axis BankBanks | 3.18% | 3.87% |
| Reliance IndustriesPetroleum Products | 4.59% | 2.53% |
| InfosysIT - Software | 1.25% | 3.38% |
| Tata SteelFerrous Metals | 1.00% | 1.54% |
| Tech MahindraIT - Software | 0.98% | 2.59% |
| Larsen & ToubroConstruction | 3.30% | 0.95% |
| Tata Motors Passenger VehiclesAutomobiles | 1.30% | 0.65% |
| Coal IndiaConsumable Fuels | 0.61% | 1.22% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.