Loading fund overlap…
21 of 293 unique stocks in common · Jaccard: 7.2%
A weighted portfolio overlap of 11.11% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.11 is allocated to the exact same companies at the same relative proportions. The schemes share 21 common holdings.
The largest overlapping asset in their portfolios is TD Power Systems, which commands a weight of 4.43% in IB60-Groww Small Cap Fund and 1.82% in Nippon India Small Cap Fund. Holding both schemes increases your concentration in TD Power Systems 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 IB60-Groww | in Nippon |
|---|---|---|
| TD Power SystemsElectrical Equipment | 4.43% | 1.82% |
| Apar IndustriesElectrical Equipment | 2.23% | 1.73% |
| Multi Commodity Exchange Of IndiaCapital Markets | 2.00% | 1.15% |
| Karur Vysya BankBanks | 0.95% | 1.34% |
| Craftsman AutomationAuto Components | 2.16% | 0.81% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 1.49% | 0.60% |
| Krishna Institute Of Medical SciencesHealthcare Services | 1.13% | 0.56% |
| Fine Organic IndustriesChemicals & Petrochemicals | 1.97% | 0.50% |
| Galaxy SurfactantsChemicals & Petrochemicals | 1.79% | 0.43% |
| RBL BankBanks | 1.16% | 0.41% |
| City Union BankBanks | 1.85% | 0.38% |
| Data Patterns (India)Aerospace & Defense | 1.43% | 0.29% |
| Schaeffler IndiaAuto Components | 1.58% | 0.24% |
| Narayana HrudayalayaHealthcare Services | 1.43% | 0.22% |
| Sandhar TechnologiesAuto Components | 0.82% | 0.20% |
| Lg Balakrishnan & BrosAuto Components | 1.73% | 0.18% |
| CreditAccess GrameenFinance | 1.54% | 0.17% |
| Sharda Motor IndustriesAuto Components | 1.70% | 0.15% |
| Escorts KubotaAgricultural, Commercial & Construction Vehicles | 1.94% | 0.14% |
| Venus Pipes & TubesIndustrial Products | 1.44% | 0.12% |
| Lohia CorpIndustrial Manufacturing | 0.62% | 0.06% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.