How much do IB21-Groww Nifty Non-Cycl Consumer Index Fund and ICICI Prudential Large Cap Fund overlap?

They share 17 common holdings, a weighted portfolio overlap of about 16.59% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 16.59% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

IB21-Groww Nifty Non-Cycl Consumer Index Fund vs ICICI Prudential Large Cap Fund

Groww MF · Index FundICICI Pru MF · Large Cap· as on May 2026

Weighted portfolio overlap

16.59%

Low overlap

Common

Only IB21-Groww

Only ICICI

17 of 94 unique stocks in common · Jaccard: 18.1%

Overlap Analysis & Diversification Assessment

A weighted portfolio overlap of 16.59% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.59 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.

The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 10.53% in IB21-Groww Nifty Non-Cycl Consumer Index Fund and 4.34% in ICICI Prudential Large Cap Fund. Holding both schemes increases your concentration in Bharti Airtel 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).

Common holdings

Stock	in IB21-Groww	in ICICI
Bharti AirtelTelecom - Services	10.53%	4.34%
Asian PaintsConsumer Durables	4.70%	2.02%
InterGlobe AviationTransport Services	5.09%	1.83%
United SpiritsBeverages	1.75%	0.97%
ITCDiversified FMCG	10.42%	0.94%
Avenue SupermartsRetailing	2.53%	0.92%
Britannia IndustriesFood Products	2.85%	0.91%
Hindustan UnileverDiversified FMCG	9.06%	0.83%
TrentRetailing	4.31%	0.68%
Page IndustriesTextiles & Apparels	1.08%	0.62%
EternalRetailing	9.16%	0.54%
Info Edge (India)Retailing	2.22%	0.51%
Titan CompanyConsumer Durables	6.40%	0.43%
SwiggyRetailing	1.44%	0.42%
Godrej Consumer ProductsPersonal Products	1.86%	0.33%
Havells IndiaConsumer Durables	1.56%	0.28%
The Indian Hotels CompanyLeisure Services	2.70%	0.04%

FAQ

How much do IB21-Groww Nifty Non-Cycl Consumer Index Fund and ICICI Prudential Large Cap Fund overlap?: They share 17 common holdings, a weighted portfolio overlap of about 16.59% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 16.59% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.