How much do IB21-Groww Nifty Non-Cycl Consumer Index Fund and Nippon India Consumption Fund overlap?

They share 15 common holdings, a weighted portfolio overlap of about 43.41% (moderate overlap — a meaningful shared core), as on Oct 2025. Information only, not investment advice.

What does 43.41% 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 Nippon India Consumption Fund

Groww MF · Index FundNippon India MF · Sectoral / Thematic· as on Oct 2025

Weighted portfolio overlap

43.41%

Moderate overlap

Common

Only IB21-Groww

Only Nippon

15 of 46 unique stocks in common · Jaccard: 32.6%

Overlap Analysis & Diversification Assessment

A weighted portfolio overlap of 43.41% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.41 is allocated to the exact same companies at the same relative proportions. The schemes share 15 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 9.02% in Nippon India Consumption 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 Nippon
Bharti AirtelTelecom - Services	10.53%	9.02%
ITCDiversified FMCG	10.42%	6.54%
Hindustan UnileverDiversified FMCG	9.06%	5.22%
TrentRetailing	4.31%	3.15%
Tata Consumer ProductsAgricultural Food & Other Products	3.14%	3.60%
EternalRetailing	9.16%	2.74%
Avenue SupermartsRetailing	2.53%	4.91%
Godrej Consumer ProductsPersonal Products	1.86%	4.47%
United SpiritsBeverages	1.75%	2.83%
MaricoAgricultural Food & Other Products	1.58%	2.90%
Havells IndiaConsumer Durables	1.56%	3.89%
VoltasConsumer Durables	1.30%	3.12%
Page IndustriesTextiles & Apparels	1.08%	2.76%
The Indian Hotels CompanyLeisure Services	2.70%	0.97%
Jubilant FoodworksLeisure Services	0.97%	3.14%

FAQ

How much do IB21-Groww Nifty Non-Cycl Consumer Index Fund and Nippon India Consumption Fund overlap?: They share 15 common holdings, a weighted portfolio overlap of about 43.41% (moderate overlap — a meaningful shared core), as on Oct 2025. Information only, not investment advice.
What does 43.41% 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 Oct 2025). Equity holdings only, ISIN-verified. Not investment advice.