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15 of 235 unique stocks in common · Jaccard: 6.4%
A weighted portfolio overlap of 11.4% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.4 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 ICICI Bank, which commands a weight of 5.54% in Ib33-Groww Nifty 200 ETF and 4.70% in quant Multi Cap Fund. Holding both schemes increases your concentration in ICICI 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 quant |
|---|---|---|
| ICICI BankBanks | 5.54% | 4.70% |
| Reliance IndustriesPetroleum Products | 5.81% | 2.83% |
| Bharti AirtelTelecom - Services | 3.23% | 1.51% |
| Adani EnterprisesMetals & Minerals Trading | 0.37% | 4.59% |
| Adani PowerPower | 0.36% | 5.98% |
| PB FintechFinancial Technology (Fintech) | 0.35% | 1.45% |
| Samvardhana Motherson InternationalAuto Components | 0.27% | 3.32% |
| Adani Green EnergyPower | 0.20% | 4.37% |
| Adani Energy SolutionsPower | 0.20% | 1.97% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 0.18% | 7.92% |
| Tata CommunicationsTelecom - Services | 0.13% | 1.28% |
| LIC Housing FinanceFinance | 0.10% | 1.93% |
| Larsen & ToubroConstruction | 2.73% | 0.07% |
| Premier EnergiesElectrical Equipment | 0.07% | 1.32% |
| IRB Infrastructure DevelopersConstruction | 0.05% | 2.49% |
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.