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39 of 727 unique stocks in common · Jaccard: 5.4%
A weighted portfolio overlap of 16.62% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.62 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.85% in IB18-Groww Nifty Total Market Index Fund and 5.82% in Nippon India Power & Infra Fund. Holding both schemes increases your concentration in Reliance Industries 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 Nippon |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.85% | 5.82% |
| Bharti AirtelTelecom - Services | 2.70% | 4.72% |
| Larsen & ToubroConstruction | 2.28% | 5.70% |
| NTPCPower | 0.77% | 5.76% |
| Bharat ElectronicsAerospace & Defense | 0.74% | 2.09% |
| Ultratech CementCement & Cement Products | 0.68% | 4.45% |
| Power Grid Corporation of IndiaPower | 0.63% | 2.15% |
| Grasim IndustriesCement & Cement Products | 0.53% | 1.43% |
| Hindustan AeronauticsAerospace & Defense | 0.43% | 2.07% |
| Coal IndiaConsumable Fuels | 0.43% | 1.49% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 2.95% |
| Tata Power CompanyPower | 0.33% | 2.23% |
| Cummins IndiaIndustrial Products | 0.28% | 2.92% |
| Indus TowersTelecom - Services | 0.23% | 3.17% |
| BoschAuto Components | 0.16% | 4.07% |
| The Phoenix MillsRealty | 0.15% | 1.57% |
| SiemensElectrical Equipment | 0.13% | 2.09% |
| Kaynes Technology IndiaIndustrial Manufacturing | 0.10% | 4.23% |
| Container Corporation of IndiaTransport Services | 0.09% | 2.60% |
| AstralIndustrial Products | 0.09% | 1.64% |
| Indraprastha GasGas | 0.07% | 1.40% |
| Brigade EnterprisesRealty | 0.07% | 3.07% |
| ACCCement & Cement Products | 0.06% | 1.00% |
| CESCPower | 0.05% | 1.75% |
| Timken IndiaIndustrial Products | 0.05% | 0.54% |
| Carborundum UniversalIndustrial Products | 0.05% | 3.32% |
| JSW InfrastructureTransport Infrastructure | 0.04% | 1.30% |
| NLC IndiaPower | 0.04% | 0.96% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.04% | 3.58% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.04% | 0.99% |
| MTAR TechnologiesElectrical Equipment | 0.03% | 0.57% |
| Praj IndustriesIndustrial Manufacturing | 0.02% | 1.63% |
| Birla CorporationCement & Cement Products | 0.02% | 1.43% |
| PNC InfratechConstruction | 0.02% | 1.60% |
| RHI Magnesita IndiaIndustrial Products | 0.01% | 0.62% |
| G R InfraprojectsConstruction | 0.01% | 1.14% |
| Sterling And Wilson Renewable EnergyConstruction | 0.01% | 1.69% |
| Mishra Dhatu NigamAerospace & Defense | 0.01% | 0.67% |
| Cyient DLMAerospace & Defense | 0.01% | 3.44% |
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.