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24 of 728 unique stocks in common · Jaccard: 3.3%
A weighted portfolio overlap of 15.31% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.31 is allocated to the exact same companies at the same relative proportions. The schemes share 24 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.63% in IB18-Groww Nifty Total Market Index Fund and 5.79% in quant Flexi Cap Fund. Holding both schemes increases your concentration in ICICI 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 quant |
|---|---|---|
| ICICI BankBanks | 4.63% | 5.79% |
| Reliance IndustriesPetroleum Products | 4.85% | 2.83% |
| Bharti AirtelTelecom - Services | 2.70% | 3.01% |
| Larsen & ToubroConstruction | 2.28% | 3.62% |
| HDFC Life Insurance CompanyInsurance | 0.38% | 2.09% |
| Tata Power CompanyPower | 0.33% | 3.53% |
| Adani EnterprisesMetals & Minerals Trading | 0.31% | 8.51% |
| Adani PowerPower | 0.30% | 9.99% |
| AU Small Finance BankBanks | 0.24% | 1.27% |
| Samvardhana Motherson InternationalAuto Components | 0.23% | 8.56% |
| Adani Green EnergyPower | 0.17% | 4.43% |
| Adani Energy SolutionsPower | 0.16% | 3.82% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.15% | 6.13% |
| Tata CommunicationsTelecom - Services | 0.11% | 0.37% |
| Lloyds Metals And EnergyMinerals & Mining | 0.08% | 0.66% |
| Tata ChemicalsChemicals & Petrochemicals | 0.07% | 0.34% |
| Piramal FinanceFinance | 0.07% | 1.02% |
| NBCC (India)Construction | 0.06% | 0.43% |
| K.P.R. MillTextiles & Apparels | 0.06% | 1.83% |
| JSW InfrastructureTransport Infrastructure | 0.04% | 1.57% |
| IRB Infrastructure DevelopersConstruction | 0.04% | 0.26% |
| Swan CorpChemicals & Petrochemicals | 0.03% | 1.99% |
| Aditya Birla Lifestyle BrandsRetailing | 0.03% | 0.57% |
| Alivus Life SciencesPharmaceuticals & Biotechnology | 0.01% | 1.64% |
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.