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54 of 734 unique stocks in common · Jaccard: 7.4%
A weighted portfolio overlap of 23.83% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.83 is allocated to the exact same companies at the same relative proportions. The schemes share 54 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 3.55% in SBI MultiCap Fund. 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% | 3.55% |
| Reliance IndustriesPetroleum Products | 4.85% | 3.19% |
| ICICI BankBanks | 4.63% | 2.94% |
| Bharti AirtelTelecom - Services | 2.70% | 2.71% |
| Axis BankBanks | 1.70% | 1.97% |
| InfosysIT - Software | 2.57% | 1.45% |
| EternalRetailing | 1.07% | 0.99% |
| Tata SteelFerrous Metals | 0.73% | 1.31% |
| Hindalco IndustriesNon - Ferrous Metals | 0.59% | 2.28% |
| Bajaj FinservFinance | 0.57% | 2.88% |
| Asian PaintsConsumer Durables | 0.55% | 3.00% |
| JSW SteelFerrous Metals | 0.54% | 0.83% |
| Grasim IndustriesCement & Cement Products | 0.53% | 0.43% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 2.65% |
| Persistent SystemsIT - Software | 0.31% | 0.39% |
| Adani PowerPower | 0.30% | 5.43% |
| The Federal BankBanks | 0.28% | 1.25% |
| Indus TowersTelecom - Services | 0.23% | 3.13% |
| Muthoot FinanceFinance | 0.16% | 0.94% |
| Vishal Mega MartRetailing | 0.15% | 1.42% |
| JSW EnergyPower | 0.14% | 0.79% |
| NMDCMinerals & Mining | 0.13% | 0.52% |
| Page IndustriesTextiles & Apparels | 0.12% | 1.27% |
| Blue StarConsumer Durables | 0.12% | 1.72% |
| Torrent PowerPower | 0.12% | 2.65% |
| Jubilant FoodworksLeisure Services | 0.11% | 2.03% |
| BioconPharmaceuticals & Biotechnology | 0.11% | 2.04% |
| Sona BLW Precision ForgingsAuto Components | 0.10% | 1.31% |
| Balkrishna IndustriesAuto Components | 0.09% | 1.05% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.09% | 2.13% |
| Dalmia BharatCement & Cement Products | 0.08% | 2.37% |
| Nippon Life India Asset ManagementCapital Markets | 0.07% | 0.88% |
| Berger Paints (I)Consumer Durables | 0.07% | 2.38% |
| Kalpataru Projects InternationalConstruction | 0.07% | 1.66% |
| United BreweriesBeverages | 0.06% | 1.65% |
| Escorts KubotaAgricultural, Commercial & Construction Vehicles | 0.06% | 0.19% |
| K.P.R. MillTextiles & Apparels | 0.06% | 3.29% |
| Elgi EquipmentsIndustrial Products | 0.05% | 2.23% |
| Carborundum UniversalIndustrial Products | 0.05% | 1.56% |
| Deepak Fertilizers and Petrochemicals CorporationChemicals & Petrochemicals | 0.05% | 0.79% |
| Aptus Value Housing Finance IndiaFinance | 0.04% | 1.20% |
| EIHLeisure Services | 0.04% | 1.41% |
| Brainbees SolutionsRetailing | 0.04% | 0.38% |
| V-Guard IndustriesConsumer Durables | 0.03% | 1.05% |
| Paradeep PhosphatesFertilizers & Agrochemicals | 0.03% | 1.90% |
| Mrs Bectors Food SpecialitiesFood Products | 0.02% | 0.74% |
| Archean Chemical IndustriesChemicals & Petrochemicals | 0.02% | 0.93% |
| V-Mart RetailRetailing | 0.02% | 1.15% |
| Relaxo FootwearsConsumer Durables | 0.01% | 0.24% |
| VIP IndustriesConsumer Durables | 0.01% | 0.39% |
| Aether IndustriesChemicals & Petrochemicals | 0.01% | 1.89% |
| Styrenix Performance MaterialsChemicals & Petrochemicals | 0.01% | 0.30% |
| Electronics Mart IndiaRetailing | 0.01% | 0.32% |
| ASK AutomotiveAuto Components | 0.01% | 1.24% |
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.