Loading fund overlap…
21 of 731 unique stocks in common · Jaccard: 2.9%
A weighted portfolio overlap of 19.28% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.28 is allocated to the exact same companies at the same relative proportions. The schemes share 21 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 5.47% in SBI Long Term Advantage Fund - Series V. 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 SBI |
|---|---|---|
| HDFC BankBanks | 7.27% | 5.47% |
| ICICI BankBanks | 4.63% | 4.97% |
| InfosysIT - Software | 2.57% | 3.16% |
| State Bank of IndiaBanks | 1.87% | 4.63% |
| Bajaj FinanceFinance | 1.34% | 2.82% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.86% | 3.05% |
| Eicher MotorsAutomobiles | 0.46% | 4.05% |
| SBI Life Insurance CompanyInsurance | 0.42% | 2.07% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 3.77% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 0.26% | 2.68% |
| Bank of BarodaBanks | 0.25% | 3.03% |
| Muthoot FinanceFinance | 0.16% | 4.37% |
| DelhiveryTransport Services | 0.12% | 3.83% |
| Sona BLW Precision ForgingsAuto Components | 0.10% | 2.57% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 0.10% | 3.22% |
| AstralIndustrial Products | 0.09% | 3.03% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 0.05% | 7.96% |
| Aptus Value Housing Finance IndiaFinance | 0.04% | 2.21% |
| Aavas FinanciersFinance | 0.03% | 2.28% |
| Garware Technical FibresTextiles & Apparels | 0.02% | 2.79% |
| Power Mech ProjectsConstruction | 0.02% | 2.82% |
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.