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29 of 727 unique stocks in common · Jaccard: 4%
A weighted portfolio overlap of 31.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31.81 is allocated to the exact same companies at the same relative proportions. The schemes share 29 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 5.80% in Kotak Focused 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 Kotak |
|---|---|---|
| HDFC BankBanks | 7.27% | 5.80% |
| ICICI BankBanks | 4.63% | 5.51% |
| Reliance IndustriesPetroleum Products | 4.85% | 4.05% |
| Bharti AirtelTelecom - Services | 2.70% | 4.79% |
| Larsen & ToubroConstruction | 2.28% | 2.65% |
| State Bank of IndiaBanks | 1.87% | 4.39% |
| Axis BankBanks | 1.70% | 3.03% |
| EternalRetailing | 1.07% | 4.20% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 3.00% |
| NTPCPower | 0.77% | 3.35% |
| Bharat ElectronicsAerospace & Defense | 0.74% | 3.60% |
| Ultratech CementCement & Cement Products | 0.68% | 2.82% |
| InterGlobe AviationTransport Services | 0.59% | 2.64% |
| Shriram FinanceFinance | 0.51% | 4.66% |
| BSECapital Markets | 0.49% | 2.84% |
| Tech MahindraIT - Software | 0.44% | 2.56% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 2.63% |
| Hero MotoCorpAutomobiles | 0.35% | 2.95% |
| Persistent SystemsIT - Software | 0.31% | 1.63% |
| Fortis HealthcareHealthcare Services | 0.26% | 3.87% |
| Godrej Consumer ProductsPersonal Products | 0.22% | 1.73% |
| SRFChemicals & Petrochemicals | 0.20% | 2.20% |
| GE Vernova T&D IndiaElectrical Equipment | 0.18% | 3.04% |
| Blue StarConsumer Durables | 0.12% | 1.87% |
| KEI IndustriesIndustrial Products | 0.12% | 3.91% |
| Radico KhaitanBeverages | 0.12% | 3.08% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.09% | 2.39% |
| Poonawalla FincorpFinance | 0.07% | 2.45% |
| Astra Microwave ProductsAerospace & Defense | 0.04% | 2.80% |
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.