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54 of 731 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 27.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.86 is allocated to the exact same companies at the same relative proportions. The schemes share 54 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 7.27% in IB18-Groww Nifty Total Market Index Fund and 6.07% in IB29-Groww Multicap 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 IB18-Groww | in IB29-Groww |
|---|---|---|
| HDFC BankBanks | 7.27% | 6.07% |
| ICICI BankBanks | 4.63% | 4.77% |
| Bharti AirtelTelecom - Services | 2.70% | 2.90% |
| Larsen & ToubroConstruction | 2.28% | 5.03% |
| State Bank of IndiaBanks | 1.87% | 1.78% |
| Bajaj FinanceFinance | 1.34% | 2.86% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 0.82% |
| Mahindra & MahindraAutomobiles | 1.49% | 0.76% |
| Tata SteelFerrous Metals | 0.73% | 0.94% |
| Ultratech CementCement & Cement Products | 0.68% | 0.90% |
| Kotak Mahindra BankBanks | 1.49% | 0.47% |
| Eicher MotorsAutomobiles | 0.46% | 1.49% |
| Max Healthcare InstituteHealthcare Services | 0.41% | 0.89% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 0.88% |
| Cholamandalam Investment and Finance CompanyFinance | 0.34% | 0.91% |
| CoforgeIT - Software | 0.29% | 3.54% |
| Cummins IndiaIndustrial Products | 0.28% | 2.04% |
| HDFC Asset Management CompanyCapital Markets | 0.26% | 1.01% |
| ICICI Lombard General Insurance CompanyInsurance | 0.23% | 1.00% |
| Multi Commodity Exchange of IndiaCapital Markets | 0.23% | 1.96% |
| Max Financial ServicesInsurance | 0.20% | 1.50% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.20% | 0.96% |
| Polycab IndiaIndustrial Products | 0.19% | 1.52% |
| GE Vernova T&D IndiaElectrical Equipment | 0.18% | 1.68% |
| Ambuja CementsCement & Cement Products | 0.17% | 0.60% |
| SwiggyRetailing | 0.17% | 1.08% |
| APL Apollo TubesIndustrial Products | 0.16% | 0.77% |
| Tube Investments of IndiaAuto Components | 0.16% | 1.52% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.12% | 1.54% |
| L&T FinanceFinance | 0.11% | 1.81% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 0.10% | 2.68% |
| Cholamandalam Financial HoldingsFinance | 0.09% | 1.12% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.09% | 0.99% |
| Schaeffler IndiaAuto Components | 0.08% | 1.82% |
| Nippon Life India Asset ManagementCapital Markets | 0.07% | 1.54% |
| Manappuram FinanceFinance | 0.07% | 1.21% |
| Apar IndustriesElectrical Equipment | 0.07% | 1.57% |
| Five Star Business FinanceFinance | 0.06% | 2.13% |
| Star Health And Allied Insurance CompanyInsurance | 0.05% | 0.71% |
| TD Power SystemsElectrical Equipment | 0.04% | 3.76% |
| Aptus Value Housing Finance IndiaFinance | 0.04% | 0.59% |
| Data Patterns (India)Aerospace & Defense | 0.04% | 0.76% |
| SagilityIT - Services | 0.04% | 1.31% |
| Gillette IndiaPersonal Products | 0.04% | 0.84% |
| SobhaRealty | 0.03% | 0.99% |
| Shakti Pumps (India)Industrial Products | 0.02% | 0.74% |
| BlackbuckTransport Services | 0.02% | 1.03% |
| Transformers And Rectifiers (India)Electrical Equipment | 0.02% | 0.45% |
| Prudent Corporate Advisory ServicesCapital Markets | 0.02% | 1.29% |
| Shriram Pistons & RingsAuto Components | 0.02% | 1.09% |
| Fine Organic IndustriesChemicals & Petrochemicals | 0.02% | 2.09% |
| Emcure PharmaceuticalsPharmaceuticals & Biotechnology | 0.02% | 1.54% |
| Awfis Space SolutionsCommercial Services & Supplies | 0.01% | 2.13% |
| Senco GoldConsumer Durables | 0.01% | 0.98% |
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.