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31 of 222 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 38.48% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹38.48 is allocated to the exact same companies at the same relative proportions. The schemes share 31 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 8.05% in UTI - Dividend Yield Fund. 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 UTI |
|---|---|---|
| HDFC BankBanks | 8.71% | 8.05% |
| ICICI BankBanks | 5.54% | 5.27% |
| Bharti AirtelTelecom - Services | 3.23% | 2.97% |
| InfosysIT - Software | 3.08% | 2.28% |
| State Bank of IndiaBanks | 2.25% | 3.26% |
| Tata Consultancy ServicesIT - Software | 1.80% | 1.83% |
| Mahindra & MahindraAutomobiles | 1.78% | 2.84% |
| ITCDiversified FMCG | 2.34% | 1.78% |
| Axis BankBanks | 2.04% | 1.74% |
| Maruti Suzuki IndiaAutomobiles | 1.22% | 2.20% |
| NTPCPower | 0.92% | 1.88% |
| Bharat ElectronicsAerospace & Defense | 0.88% | 1.61% |
| Tata SteelFerrous Metals | 0.87% | 1.80% |
| Power Grid Corporation of IndiaPower | 0.75% | 2.48% |
| Oil & Natural Gas CorporationOil | 0.57% | 1.74% |
| Bajaj AutoAutomobiles | 0.57% | 1.27% |
| Eicher MotorsAutomobiles | 0.55% | 1.67% |
| Tech MahindraIT - Software | 0.52% | 3.05% |
| Coal IndiaConsumable Fuels | 0.51% | 2.04% |
| Hindustan AeronauticsAerospace & Defense | 0.51% | 1.45% |
| CiplaPharmaceuticals & Biotechnology | 0.49% | 1.81% |
| Bharat Petroleum CorporationPetroleum Products | 0.40% | 1.15% |
| Bank of BarodaBanks | 0.30% | 1.52% |
| DLFRealty | 0.28% | 1.12% |
| ICICI Lombard General Insurance CompanyInsurance | 0.28% | 1.70% |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | 0.21% | 2.03% |
| MphasisIT - Software | 0.18% | 1.60% |
| Dabur IndiaPersonal Products | 0.17% | 1.44% |
| Oil IndiaOil | 0.14% | 0.84% |
| Mahindra & Mahindra Financial ServicesFinance | 0.12% | 1.31% |
| KPIT TechnologiesIT - Software | 0.11% | 0.73% |
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.