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39 of 220 unique stocks in common · Jaccard: 17.7%
A weighted portfolio overlap of 41.74% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹41.74 is allocated to the exact same companies at the same relative proportions. The schemes share 39 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 8.71% in Ib33-Groww Nifty 200 ETF and 6.15% in Nippon India Retirement Fund - Wealth Creation Scheme. Holding both schemes increases your concentration in HDFC 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 Ib33-Groww | in Nippon |
|---|---|---|
| HDFC BankBanks | 8.71% | 6.15% |
| Reliance IndustriesPetroleum Products | 5.81% | 6.64% |
| ICICI BankBanks | 5.54% | 7.44% |
| Larsen & ToubroConstruction | 2.73% | 3.20% |
| InfosysIT - Software | 3.08% | 2.30% |
| State Bank of IndiaBanks | 2.25% | 2.67% |
| Axis BankBanks | 2.04% | 3.63% |
| Tata Consultancy ServicesIT - Software | 1.80% | 3.62% |
| EternalRetailing | 1.28% | 2.19% |
| Hindustan UnileverDiversified FMCG | 1.26% | 1.80% |
| NTPCPower | 0.92% | 2.47% |
| Titan CompanyConsumer Durables | 0.89% | 1.16% |
| Ultratech CementCement & Cement Products | 0.81% | 1.45% |
| Hindalco IndustriesNon - Ferrous Metals | 0.71% | 1.25% |
| BSECapital Markets | 0.58% | 1.35% |
| Hindustan AeronauticsAerospace & Defense | 0.51% | 1.15% |
| SBI Life Insurance CompanyInsurance | 0.51% | 1.05% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.45% | 1.06% |
| Bajaj FinservFinance | 0.69% | 0.42% |
| Dixon Technologies (India)Consumer Durables | 0.37% | 1.89% |
| Power Finance CorporationFinance | 0.34% | 1.32% |
| Cummins IndiaIndustrial Products | 0.34% | 1.07% |
| The Federal BankBanks | 0.34% | 1.00% |
| HDFC Asset Management CompanyCapital Markets | 0.31% | 1.01% |
| LTIMindtreeIT - Software | 0.30% | 1.83% |
| GAIL (India)Gas | 0.28% | 1.01% |
| Indus TowersTelecom - Services | 0.28% | 0.98% |
| ICICI Lombard General Insurance CompanyInsurance | 0.28% | 1.94% |
| LupinPharmaceuticals & Biotechnology | 0.27% | 0.69% |
| Samvardhana Motherson InternationalAuto Components | 0.27% | 1.49% |
| Bharat ForgeAuto Components | 0.20% | 0.82% |
| FSN E-Commerce VenturesRetailing | 0.20% | 0.69% |
| VoltasConsumer Durables | 0.18% | 1.07% |
| BoschAuto Components | 0.18% | 3.61% |
| Dabur IndiaPersonal Products | 0.17% | 0.49% |
| NMDCMinerals & Mining | 0.15% | 0.49% |
| Sona BLW Precision ForgingsAuto Components | 0.12% | 1.21% |
| Container Corporation of IndiaTransport Services | 0.11% | 1.30% |
| Indraprastha GasGas | 0.09% | 0.99% |
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.