IB11-Groww ELSS Tax Saver Fund vs IB49-Groww Multi Asset Allocation Fund

Groww vs Groww· Portfolio Overlap Analysis

60.8%High Overlap

61 common stocksRank #4957 / 5,000

Investor takeaway: These funds overlap 60.8%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.

Common Holdings (61)

Stock	Wt% in IB11-Groww ELSS Tax Saver	Wt% in IB49-Groww Multi Asset Allocat	Overlap
HDFC Bank Limited Banks	8.05%	5.99%	5.99%
Reliance Industries Limited Petroleum Products	5.46%	4.18%	4.18%
ICICI Bank Limited Banks	5.75%	3.34%	3.34%
Mahindra & Mahindra Limited Automobiles	2.35%	3.13%	2.35%
State Bank of India Banks	3.53%	2.07%	2.07%
Larsen & Toubro Limited Construction	3.35%	1.90%	1.90%
Bharti Airtel Limited Telecom - Services	3.23%	1.79%	1.79%
Bajaj Finance Limited Finance	1.67%	1.78%	1.67%
Infosys Limited IT - Software	2.49%	1.50%	1.50%
Axis Bank Limited Banks	2.60%	1.48%	1.48%
Kotak Mahindra Bank Limited Banks	2.23%	1.32%	1.32%
The Federal Bank Limited Banks	2.11%	1.27%	1.27%
Titan Company Limited Consumer Durables	1.27%	1.60%	1.27%
ITC Limited Diversified FMCG	1.54%	1.17%	1.17%
Karur Vysya Bank Limited Banks	1.76%	1.01%	1.01%
Tata Steel Limited Ferrous Metals	1.56%	0.97%	0.97%
Maruti Suzuki India Limited Automobiles	1.77%	0.90%	0.90%
Hindalco Industries Limited Non - Ferrous Metals	1.66%	0.90%	0.90%
Ashok Leyland Limited Agricultural, Commercial & Construction Vehicles	1.43%	0.90%	0.90%
TVS Motor Company Limited Automobiles	1.36%	0.85%	0.85%
AU Small Finance Bank Limited Banks	1.34%	0.83%	0.83%
Vedanta Limited Diversified Metals	1.33%	0.82%	0.82%
FSN E-Commerce Ventures Limited Retailing	1.44%	0.81%	0.81%
InterGlobe Aviation Limited Transport Services	1.50%	0.79%	0.79%
Shriram Finance Limited Finance	1.36%	0.79%	0.79%
Lupin Limited Pharmaceuticals & Biotechnology	1.12%	0.78%	0.78%
Bharat Forge Limited Auto Components	1.26%	0.76%	0.76%
Multi Commodity Exchange of India Ltd. Capital Markets	1.22%	0.76%	0.76%
Cholamandalam Financial Holdings Limited Finance	1.26%	0.75%	0.75%
Hindustan Unilever Limited Diversified FMCG	1.29%	0.72%	0.72%
Fortis Healthcare Limited Healthcare Services	1.22%	0.71%	0.71%
Eicher Motors Limited Automobiles	1.00%	0.71%	0.71%
Grasim Industries Limited Cement & Cement Products	1.14%	0.64%	0.64%
National Aluminium Company Limited Non - Ferrous Metals	0.99%	0.64%	0.64%
Laurus Labs Limited Pharmaceuticals & Biotechnology	1.17%	0.63%	0.63%
JSW Steel Limited Ferrous Metals	1.09%	0.63%	0.63%
SWIGGY LIMITED Retailing	1.02%	0.63%	0.63%
Tata Consultancy Services Limited IT - Software	1.08%	0.61%	0.61%
Eternal Limited Retailing	1.15%	0.60%	0.60%
Bank of Maharashtra Banks	1.13%	0.59%	0.59%
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology	1.04%	0.59%	0.59%
The Indian Hotels Company Limited Leisure Services	1.06%	0.58%	0.58%
UltraTech Cement Limited Cement & Cement Products	1.00%	0.58%	0.58%
One 97 Communications Limited Financial Technology (Fintech)	1.05%	0.57%	0.57%
Max Healthcare Institute Limited Healthcare Services	0.68%	0.55%	0.55%
ICICI Lombard General Insurance Company Insurance	1.03%	0.54%	0.54%
Max Financial Services Limited Insurance	1.00%	0.53%	0.53%
PB Fintech Limited Financial Technology (Fintech)	0.82%	0.53%	0.53%
NTPC Limited Power	0.70%	0.52%	0.52%
Prestige Estates Projects Limited Realty	0.84%	0.51%	0.51%
SRF Limited Chemicals & Petrochemicals	0.80%	0.50%	0.50%
Navin Fluorine International Limited Chemicals & Petrochemicals	0.78%	0.50%	0.50%
HCL Technologies Limited IT - Software	0.50%	0.50%	0.50%
Godrej Properties Limited Realty	0.96%	0.48%	0.48%
Info Edge (India) Limited Retailing	0.86%	0.48%	0.48%
Suzlon Energy Limited Electrical Equipment	0.86%	0.42%	0.42%
Tata Motors Passenger Vehicles Limited Automobiles	0.63%	0.38%	0.38%
Hindustan Petroleum Corporation Limited Petroleum Products	0.58%	0.35%	0.35%
The Phoenix Mills Limited Realty	0.34%	0.54%	0.34%
PERSISTENT SYSTEMS LTD IT - Software	0.52%	0.31%	0.31%
Kwality Wall’s (India) Limited Food Products	0.02%	0.01%	0.01%

Unique to IB11-Groww ELSS Tax Saver

All top holdings are shared with the other fund.

Unique to IB49-Groww Multi Asset Allocat

All top holdings are shared with the other fund.

Sector Overlap Breakdown

Banks

17.9% (9)

Automobiles

5.2% (5)

Petroleum Products

4.5% (2)

Finance

3.2% (3)

IT - Software

2.9% (4)

Retailing

2.5% (4)

Pharmaceuticals & Biotechnology

2.0% (3)

Construction

1.9% (1)

Diversified FMCG

1.9% (2)

Telecom - Services

1.8% (1)

Ferrous Metals

1.6% (2)

Non - Ferrous Metals

1.5% (2)

Realty

1.3% (3)

Consumer Durables

1.3% (1)

Healthcare Services

1.3% (2)

Cement & Cement Products

1.2% (2)

Financial Technology (Fintech)

1.1% (2)

Insurance

1.1% (2)

Chemicals & Petrochemicals

1.0% (2)

Agricultural, Commercial & Construction Vehicles

0.9% (1)

Diversified Metals

0.8% (1)

Transport Services

0.8% (1)

Auto Components

0.8% (1)

Capital Markets

0.8% (1)

Leisure Services

0.6% (1)

Power

0.5% (1)

Electrical Equipment

0.4% (1)

Food Products

0.0% (1)

More comparisons for IB11-Groww ELSS Tax Saver

vs SBI BSE 100 ETF64.0% · 42 stocks
vs IB33-GROWW NIFTY 200 ETF61.9% · 54 stocks
vs Parag Parikh Large Cap61.9% · 35 stocks
vs Axis Nifty 100 Index61.8% · 35 stocks
vs HDFC NIFTY 100 ETF61.8% · 35 stocks

Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.