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18 of 42 unique stocks in common · Jaccard: 42.9%
A weighted portfolio overlap of 63.92% indicates a significant overlap (largely the same bets). This means that out of every ₹100 you invest across these two schemes, approximately ₹63.92 is allocated to the exact same companies at the same relative proportions. The schemes share 18 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 10.24% in Nippon India ETF Nifty India Consumption. 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).
| Stock | in IB21-Groww | in Nippon |
|---|---|---|
| Bharti AirtelTelecom - Services | 10.53% | 10.24% |
| ITCDiversified FMCG | 10.42% | 9.73% |
| Hindustan UnileverDiversified FMCG | 9.06% | 7.08% |
| Titan CompanyConsumer Durables | 6.40% | 5.33% |
| Asian PaintsConsumer Durables | 4.70% | 4.61% |
| EternalRetailing | 9.16% | 4.00% |
| TrentRetailing | 4.31% | 3.46% |
| Nestle IndiaFood Products | 3.78% | 3.18% |
| Tata Consumer ProductsAgricultural Food & Other Products | 3.14% | 2.48% |
| Avenue SupermartsRetailing | 2.53% | 2.45% |
| Britannia IndustriesFood Products | 2.85% | 2.01% |
| The Indian Hotels CompanyLeisure Services | 2.70% | 1.78% |
| Godrej Consumer ProductsPersonal Products | 1.86% | 1.64% |
| Havells IndiaConsumer Durables | 1.56% | 1.48% |
| Colgate Palmolive (India)Personal Products | 1.22% | 1.34% |
| United SpiritsBeverages | 1.75% | 1.22% |
| Dabur IndiaPersonal Products | 1.19% | 1.06% |
| MaricoAgricultural Food & Other Products | 1.58% | 0.95% |
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.