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13 of 56 unique stocks in common · Jaccard: 23.2%
A weighted portfolio overlap of 36.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.26 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 9.41% in IB19-Groww Banking & Financial Services Fund and 12.80% in SBI Banking And Financial Services 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 IB19-Groww | in SBI |
|---|---|---|
| ICICI BankBanks | 9.41% | 12.80% |
| HDFC BankBanks | 15.21% | 5.90% |
| State Bank of IndiaBanks | 4.23% | 8.67% |
| SBI Life Insurance CompanyInsurance | 3.67% | 2.74% |
| Bajaj FinanceFinance | 7.79% | 2.46% |
| Cholamandalam Investment and Finance CompanyFinance | 2.17% | 2.08% |
| Bajaj FinservFinance | 2.06% | 2.43% |
| Cholamandalam Financial HoldingsFinance | 2.76% | 1.65% |
| Aptus Value Housing Finance IndiaFinance | 1.45% | 1.87% |
| Manappuram FinanceFinance | 2.28% | 1.28% |
| The South Indian BankBanks | 1.25% | 1.92% |
| Star Health And Allied Insurance CompanyInsurance | 1.01% | 1.69% |
| Niva Bupa Health Insurance CompanyInsurance | 0.81% | 0.73% |
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.