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56 of 727 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 37.14% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.14 is allocated to the exact same companies at the same relative proportions. The schemes share 56 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 6.15% in Nippon India Retirement Fund - Wealth Creation Scheme. 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 Nippon |
|---|---|---|
| HDFC BankBanks | 7.27% | 6.15% |
| Reliance IndustriesPetroleum Products | 4.85% | 6.64% |
| ICICI BankBanks | 4.63% | 7.44% |
| InfosysIT - Software | 2.57% | 2.30% |
| Larsen & ToubroConstruction | 2.28% | 3.20% |
| State Bank of IndiaBanks | 1.87% | 2.67% |
| Axis BankBanks | 1.70% | 3.63% |
| Tata Consultancy ServicesIT - Software | 1.51% | 3.62% |
| EternalRetailing | 1.07% | 2.19% |
| Hindustan UnileverDiversified FMCG | 1.05% | 1.80% |
| NTPCPower | 0.77% | 2.47% |
| Titan CompanyConsumer Durables | 0.74% | 1.16% |
| Ultratech CementCement & Cement Products | 0.68% | 1.45% |
| Hindalco IndustriesNon - Ferrous Metals | 0.59% | 1.25% |
| BSECapital Markets | 0.49% | 1.35% |
| Hindustan AeronauticsAerospace & Defense | 0.43% | 1.15% |
| SBI Life Insurance CompanyInsurance | 0.42% | 1.05% |
| Bajaj FinservFinance | 0.57% | 0.42% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 1.06% |
| Dixon Technologies (India)Consumer Durables | 0.31% | 1.89% |
| Power Finance CorporationFinance | 0.28% | 1.32% |
| Cummins IndiaIndustrial Products | 0.28% | 1.07% |
| The Federal BankBanks | 0.28% | 1.00% |
| HDFC Asset Management CompanyCapital Markets | 0.26% | 1.01% |
| LTIMindtreeIT - Software | 0.25% | 1.83% |
| GAIL (India)Gas | 0.24% | 1.01% |
| ICICI Lombard General Insurance CompanyInsurance | 0.23% | 1.94% |
| Indus TowersTelecom - Services | 0.23% | 0.98% |
| LupinPharmaceuticals & Biotechnology | 0.23% | 0.69% |
| Samvardhana Motherson InternationalAuto Components | 0.23% | 1.49% |
| Bharat ForgeAuto Components | 0.17% | 0.82% |
| FSN E-Commerce VenturesRetailing | 0.16% | 0.69% |
| BoschAuto Components | 0.16% | 3.61% |
| VoltasConsumer Durables | 0.15% | 1.07% |
| Dabur IndiaPersonal Products | 0.14% | 0.49% |
| NMDCMinerals & Mining | 0.13% | 0.49% |
| Sona BLW Precision ForgingsAuto Components | 0.10% | 1.21% |
| Kaynes Technology IndiaIndustrial Manufacturing | 0.10% | 2.59% |
| Container Corporation of IndiaTransport Services | 0.09% | 1.30% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.09% | 0.72% |
| IPCA LaboratoriesPharmaceuticals & Biotechnology | 0.09% | 1.12% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.07% | 1.00% |
| Indraprastha GasGas | 0.07% | 0.99% |
| Brigade EnterprisesRealty | 0.07% | 1.39% |
| United BreweriesBeverages | 0.06% | 1.45% |
| Affle 3iIT - Services | 0.06% | 1.20% |
| K.P.R. MillTextiles & Apparels | 0.06% | 0.79% |
| Carborundum UniversalIndustrial Products | 0.05% | 1.04% |
| PVR INOXEntertainment | 0.04% | 0.99% |
| EIHLeisure Services | 0.04% | 1.78% |
| Aditya Birla Sun Life AMCCapital Markets | 0.03% | 0.65% |
| Praj IndustriesIndustrial Manufacturing | 0.02% | 0.89% |
| Birla CorporationCement & Cement Products | 0.02% | 1.05% |
| Sterling And Wilson Renewable EnergyConstruction | 0.01% | 1.11% |
| Mishra Dhatu NigamAerospace & Defense | 0.01% | 1.10% |
| Cyient DLMAerospace & Defense | 0.01% | 2.13% |
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.