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16 of 16 unique stocks in common · Jaccard: 100%
A weighted portfolio overlap of 99.84% indicates a extreme overlap (near-identical portfolios). This means that out of every ₹100 you invest across these two schemes, approximately ₹99.84 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Indian Railway Finance Corporation, which commands a weight of 18.69% in IB31-Groww Nifty India Railways PSU Index and 18.68% in IB32-Groww Nifty India Railways PSU ETF. Holding both schemes increases your concentration in Indian Railway Finance Corporation 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 IB31-Groww | in IB32-Groww |
|---|---|---|
| Indian Railway Finance CorporationFinance | 18.69% | 18.68% |
| Indian Railway Catering And Tourism CorporationLeisure Services | 18.39% | 18.38% |
| Container Corporation of IndiaTransport Services | 15.94% | 15.93% |
| Rail Vikas NigamConstruction | 15.84% | 15.82% |
| NTPCPower | 6.33% | 6.33% |
| Bharat ElectronicsAerospace & Defense | 6.05% | 6.04% |
| IRCON InternationalConstruction | 4.69% | 4.69% |
| Oil & Natural Gas CorporationOil | 3.93% | 3.93% |
| RITESConstruction | 2.79% | 2.79% |
| RailTel Corporation of IndiaTelecom - Services | 2.73% | 2.73% |
| Hindustan Petroleum CorporationPetroleum Products | 1.81% | 1.81% |
| Bharat Heavy ElectricalsElectrical Equipment | 1.35% | 1.35% |
| Steel Authority of IndiaFerrous Metals | 0.78% | 0.78% |
| BEMLAgricultural, Commercial & Construction Vehicles | 0.33% | 0.34% |
| ITITelecom - Equipment & Accessories | 0.12% | 0.12% |
| Mangalore Refinery and PetrochemicalsPetroleum Products | 0.12% | 0.12% |
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.