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43 of 729 unique stocks in common · Jaccard: 5.9%
A weighted portfolio overlap of 24.72% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.72 is allocated to the exact same companies at the same relative proportions. The schemes share 43 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 5.51% in ICICI Prudential Rural Opportunities 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 ICICI |
|---|---|---|
| HDFC BankBanks | 7.27% | 5.51% |
| Bharti AirtelTelecom - Services | 2.70% | 9.53% |
| ITCDiversified FMCG | 1.95% | 3.68% |
| State Bank of IndiaBanks | 1.87% | 4.58% |
| Mahindra & MahindraAutomobiles | 1.49% | 5.52% |
| Bajaj FinanceFinance | 1.34% | 1.11% |
| Hindustan UnileverDiversified FMCG | 1.05% | 7.29% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 4.07% |
| ICICI BankBanks | 4.63% | 1.00% |
| NTPCPower | 0.77% | 2.03% |
| Ultratech CementCement & Cement Products | 0.68% | 3.78% |
| Bajaj AutoAutomobiles | 0.47% | 3.97% |
| Nestle IndiaFood Products | 0.44% | 1.37% |
| SBI Life Insurance CompanyInsurance | 0.42% | 1.42% |
| TVS Motor CompanyAutomobiles | 0.40% | 2.54% |
| HDFC Life Insurance CompanyInsurance | 0.38% | 1.84% |
| Cholamandalam Investment and Finance CompanyFinance | 0.34% | 1.79% |
| Britannia IndustriesFood Products | 0.33% | 2.99% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.26% | 1.16% |
| Godrej Consumer ProductsPersonal Products | 0.22% | 2.14% |
| UPLFertilizers & Agrochemicals | 0.20% | 0.34% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.20% | 1.60% |
| Havells IndiaConsumer Durables | 0.18% | 2.14% |
| Hyundai Motor IndiaAutomobiles | 0.17% | 1.80% |
| Sundaram FinanceFinance | 0.15% | 0.91% |
| VoltasConsumer Durables | 0.15% | 1.01% |
| Colgate Palmolive (India)Personal Products | 0.14% | 2.49% |
| Dabur IndiaPersonal Products | 0.14% | 0.43% |
| Blue StarConsumer Durables | 0.12% | 1.06% |
| Coromandel InternationalFertilizers & Agrochemicals | 0.12% | 0.18% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.11% | 0.30% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.10% | 1.79% |
| Life Insurance Corporation of IndiaInsurance | 0.10% | 3.51% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.09% | 0.48% |
| LIC Housing FinanceFinance | 0.08% | 1.79% |
| EmamiPersonal Products | 0.05% | 0.64% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 0.05% | 1.22% |
| Sumitomo Chemical IndiaFertilizers & Agrochemicals | 0.03% | 0.34% |
| Paradeep PhosphatesFertilizers & Agrochemicals | 0.03% | 0.91% |
| JK Lakshmi CementCement & Cement Products | 0.03% | 0.86% |
| Gujarat State Fertilizers and ChemicalsFertilizers & Agrochemicals | 0.02% | 0.49% |
| Birla CorporationCement & Cement Products | 0.02% | 0.40% |
| Dhanuka AgritechFertilizers & Agrochemicals | 0.01% | 1.52% |
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.