Loading fund overlap…
49 of 727 unique stocks in common · Jaccard: 6.7%
A weighted portfolio overlap of 14.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.7 is allocated to the exact same companies at the same relative proportions. The schemes share 49 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 2.57% in IB18-Groww Nifty Total Market Index Fund and 1.95% in NJ Flexi Cap Fund. Holding both schemes increases your concentration in Infosys 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 NJ |
|---|---|---|
| InfosysIT - Software | 2.57% | 1.95% |
| ITCDiversified FMCG | 1.95% | 1.69% |
| Tata Consultancy ServicesIT - Software | 1.51% | 1.82% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.86% | 2.10% |
| HCL TechnologiesIT - Software | 0.79% | 5.20% |
| Asian PaintsConsumer Durables | 0.55% | 1.77% |
| Bajaj AutoAutomobiles | 0.47% | 4.61% |
| Eicher MotorsAutomobiles | 0.46% | 3.10% |
| Nestle IndiaFood Products | 0.44% | 1.73% |
| Tech MahindraIT - Software | 0.44% | 2.30% |
| Coal IndiaConsumable Fuels | 0.43% | 4.79% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 2.86% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.37% | 0.46% |
| Hero MotoCorpAutomobiles | 0.35% | 4.79% |
| Britannia IndustriesFood Products | 0.33% | 3.88% |
| CoforgeIT - Software | 0.29% | 0.52% |
| HDFC Asset Management CompanyCapital Markets | 0.26% | 6.78% |
| LTIMindtreeIT - Software | 0.25% | 0.35% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.22% | 2.31% |
| MaricoAgricultural Food & Other Products | 0.18% | 0.45% |
| Havells IndiaConsumer Durables | 0.18% | 1.93% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.18% | 3.29% |
| BoschAuto Components | 0.16% | 5.72% |
| MphasisIT - Software | 0.15% | 0.40% |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | 0.15% | 3.27% |
| Colgate Palmolive (India)Personal Products | 0.14% | 3.30% |
| Dabur IndiaPersonal Products | 0.14% | 1.73% |
| Page IndustriesTextiles & Apparels | 0.12% | 0.45% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 0.10% | 0.32% |
| Sona BLW Precision ForgingsAuto Components | 0.10% | 0.26% |
| Petronet LNGGas | 0.10% | 1.98% |
| Oracle Financial Services SoftwareIT - Software | 0.10% | 0.31% |
| Tata ElxsiIT - Software | 0.09% | 0.29% |
| Berger Paints (I)Consumer Durables | 0.07% | 0.37% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.07% | 0.47% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.06% | 0.34% |
| CRISILFinance | 0.06% | 0.46% |
| Dr. Lal Path LabsHealthcare Services | 0.06% | 2.45% |
| L&T Technology ServicesIT - Services | 0.05% | 0.34% |
| Indian Energy ExchangeCapital Markets | 0.05% | 1.69% |
| Ajanta PharmaPharmaceuticals & Biotechnology | 0.05% | 2.97% |
| Kajaria CeramicsConsumer Durables | 0.05% | 0.35% |
| CyientIT - Services | 0.05% | 0.26% |
| Gillette IndiaPersonal Products | 0.04% | 3.00% |
| Mahanagar GasGas | 0.04% | 1.65% |
| BirlasoftIT - Software | 0.03% | 0.27% |
| UTI Asset Management CompanyCapital Markets | 0.03% | 2.64% |
| Happiest Minds TechnologiesIT - Software | 0.02% | 0.30% |
| Alkyl Amines ChemicalsChemicals & Petrochemicals | 0.01% | 0.36% |
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.