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44 of 729 unique stocks in common · Jaccard: 6%
A weighted portfolio overlap of 29.77% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.77 is allocated to the exact same companies at the same relative proportions. The schemes share 44 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 4.51% in Lic Mf Aggressive Hybrid 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 Lic |
|---|---|---|
| HDFC BankBanks | 7.27% | 4.51% |
| ICICI BankBanks | 4.63% | 4.24% |
| Bharti AirtelTelecom - Services | 2.70% | 2.05% |
| Reliance IndustriesPetroleum Products | 4.85% | 1.93% |
| Axis BankBanks | 1.70% | 2.50% |
| Tata Consultancy ServicesIT - Software | 1.51% | 2.26% |
| Mahindra & MahindraAutomobiles | 1.49% | 1.94% |
| Larsen & ToubroConstruction | 2.28% | 1.45% |
| InfosysIT - Software | 2.57% | 1.24% |
| Hindustan UnileverDiversified FMCG | 1.05% | 1.39% |
| Bajaj FinanceFinance | 1.34% | 0.95% |
| Bharat ElectronicsAerospace & Defense | 0.74% | 1.31% |
| Tata SteelFerrous Metals | 0.73% | 0.69% |
| Ultratech CementCement & Cement Products | 0.68% | 1.10% |
| Grasim IndustriesCement & Cement Products | 0.53% | 1.11% |
| Shriram FinanceFinance | 0.51% | 0.82% |
| TrentRetailing | 0.50% | 0.94% |
| TVS Motor CompanyAutomobiles | 0.40% | 1.33% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 2.03% |
| Varun BeveragesBeverages | 0.31% | 1.11% |
| Power Finance CorporationFinance | 0.28% | 1.23% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.26% | 1.00% |
| Fortis HealthcareHealthcare Services | 0.26% | 1.02% |
| Indus TowersTelecom - Services | 0.23% | 1.05% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.23% | 1.14% |
| SRFChemicals & Petrochemicals | 0.20% | 1.01% |
| GE Vernova T&D IndiaElectrical Equipment | 0.18% | 0.64% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.18% | 1.03% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.15% | 1.11% |
| Vishal Mega MartRetailing | 0.15% | 0.60% |
| JK CementCement & Cement Products | 0.13% | 1.36% |
| KEI IndustriesIndustrial Products | 0.12% | 1.22% |
| Jindal StainlessFerrous Metals | 0.12% | 1.24% |
| ITC HotelsLeisure Services | 0.10% | 1.12% |
| Schaeffler IndiaAuto Components | 0.08% | 1.02% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.06% | 1.55% |
| Onesource Specialty PharmaPharmaceuticals & Biotechnology | 0.05% | 1.81% |
| Sansera EngineeringAuto Components | 0.03% | 1.32% |
| Azad EngineeringElectrical Equipment | 0.02% | 1.01% |
| Arvind FashionsRetailing | 0.02% | 1.25% |
| Mrs Bectors Food SpecialitiesFood Products | 0.02% | 1.36% |
| Eureka ForbesConsumer Durables | 0.02% | 1.33% |
| Avalon TechnologiesElectrical Equipment | 0.02% | 1.51% |
| Manorama IndustriesFood Products | 0.02% | 0.49% |
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.