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52 of 733 unique stocks in common · Jaccard: 7.1%
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 52 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 5.32% in Lic Mf Dividend Yield 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% | 5.32% |
| ICICI BankBanks | 4.63% | 3.67% |
| Axis BankBanks | 1.70% | 2.88% |
| Tata Consultancy ServicesIT - Software | 1.51% | 2.72% |
| Mahindra & MahindraAutomobiles | 1.49% | 1.25% |
| Bharti AirtelTelecom - Services | 2.70% | 1.18% |
| Hindustan UnileverDiversified FMCG | 1.05% | 1.59% |
| Maruti Suzuki IndiaAutomobiles | 1.02% | 1.21% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.86% | 1.00% |
| NTPCPower | 0.77% | 2.63% |
| Bharat ElectronicsAerospace & Defense | 0.74% | 2.48% |
| InterGlobe AviationTransport Services | 0.59% | 1.96% |
| Grasim IndustriesCement & Cement Products | 0.53% | 1.85% |
| Shriram FinanceFinance | 0.51% | 1.84% |
| Bajaj AutoAutomobiles | 0.47% | 1.70% |
| Hindustan AeronauticsAerospace & Defense | 0.43% | 1.14% |
| Tata Motors Passenger VehiclesAutomobiles | 0.41% | 1.76% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 2.15% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.26% | 1.20% |
| Samvardhana Motherson InternationalAuto Components | 0.23% | 1.52% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.22% | 1.89% |
| SRFChemicals & Petrochemicals | 0.20% | 1.45% |
| Sundaram FinanceFinance | 0.15% | 1.02% |
| MphasisIT - Software | 0.15% | 0.87% |
| Radico KhaitanBeverages | 0.12% | 1.72% |
| Oil IndiaOil | 0.11% | 1.57% |
| Tata CommunicationsTelecom - Services | 0.11% | 1.90% |
| Cholamandalam Financial HoldingsFinance | 0.09% | 1.37% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.07% | 1.23% |
| Neuland LaboratoriesPharmaceuticals & Biotechnology | 0.07% | 1.93% |
| Godfrey Phillips IndiaCigarettes & Tobacco Products | 0.06% | 1.40% |
| L&T Technology ServicesIT - Services | 0.05% | 0.75% |
| Ujjivan Small Finance BankBanks | 0.05% | 0.95% |
| EIHLeisure Services | 0.04% | 1.32% |
| Gujarat GasGas | 0.03% | 1.40% |
| Techno Electric & Engineering CompanyConstruction | 0.03% | 1.48% |
| Ratnamani Metals & TubesIndustrial Products | 0.03% | 0.76% |
| Shakti Pumps (India)Industrial Products | 0.02% | 1.01% |
| Azad EngineeringElectrical Equipment | 0.02% | 1.29% |
| Bikaji Foods InternationalFood Products | 0.02% | 1.19% |
| Arvind FashionsRetailing | 0.02% | 1.67% |
| Vinati OrganicsChemicals & Petrochemicals | 0.02% | 0.78% |
| PricolAuto Components | 0.02% | 1.44% |
| Allied Blenders And DistillersBeverages | 0.02% | 2.25% |
| Avalon TechnologiesElectrical Equipment | 0.02% | 3.34% |
| Saregama IndiaEntertainment | 0.02% | 1.12% |
| Garware Hi-Tech FilmsIndustrial Products | 0.01% | 4.04% |
| RHI Magnesita IndiaIndustrial Products | 0.01% | 0.90% |
| Isgec Heavy EngineeringConstruction | 0.01% | 1.04% |
| Surya RoshniIndustrial Products | 0.01% | 1.14% |
| Maharashtra SeamlessIndustrial Products | 0.01% | 0.62% |
| Bharat BijleeElectrical Equipment | 0.01% | 0.74% |
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.