IB11-Groww ELSS Tax Saver Fund vs NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME
Groww vs Nippon· Portfolio Overlap Analysis
50.2%High Overlap
28 common stocksRank #10045 / 20,000
Investor takeaway: At 50.2% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.
Common Holdings (28)
| Stock | Wt% in IB11-Groww ELSS Tax Saver | Wt% in NIPPON INDIA RETIREMENT FUND - | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 8.05% | 7.08% | 7.08% |
ICICI Bank Limited Banks | 5.75% | 7.59% | 5.75% |
Reliance Industries Limited Petroleum Products | 5.46% | 4.56% | 4.56% |
State Bank of India Banks | 3.53% | 3.99% | 3.53% |
Larsen & Toubro Limited Construction | 3.35% | 3.62% | 3.35% |
Bharti Airtel Limited Telecom - Services | 3.23% | 2.69% | 2.69% |
Axis Bank Limited Banks | 2.60% | 3.20% | 2.60% |
Infosys Limited IT - Software | 2.49% | 2.86% | 2.49% |
Mahindra & Mahindra Limited Automobiles | 2.35% | 2.54% | 2.35% |
Bajaj Finance Limited Finance | 1.67% | 2.86% | 1.67% |
InterGlobe Aviation Limited Transport Services | 1.50% | 1.54% | 1.50% |
Vedanta Limited Diversified Metals | 1.33% | 1.57% | 1.33% |
Titan Company Limited Consumer Durables | 1.27% | 1.38% | 1.27% |
Eternal Limited Retailing | 1.15% | 1.34% | 1.15% |
Lupin Limited Pharmaceuticals & Biotechnology | 1.12% | 1.32% | 1.12% |
UltraTech Cement Limited Cement & Cement Products | 1.00% | 1.62% | 1.00% |
TVS Motor Company Limited Automobiles | 1.36% | 0.86% | 0.86% |
JSW Steel Limited Ferrous Metals | 1.09% | 0.81% | 0.81% |
Shriram Finance Limited Finance | 1.36% | 0.78% | 0.78% |
PB Fintech Limited Financial Technology (Fintech) | 0.82% | 0.76% | 0.76% |
NTPC Limited Power | 0.70% | 2.93% | 0.70% |
SRF Limited Chemicals & Petrochemicals | 0.80% | 0.61% | 0.61% |
The Indian Hotels Company Limited Leisure Services | 1.06% | 0.57% | 0.57% |
Info Edge (India) Limited Retailing | 0.86% | 0.52% | 0.52% |
SWIGGY LIMITED Retailing | 1.02% | 0.50% | 0.50% |
Hindalco Industries Limited Non - Ferrous Metals | 1.66% | 0.44% | 0.44% |
Max Financial Services Limited Insurance | 1.00% | 0.20% | 0.20% |
Kwality Wall’s (India) Limited Food Products | 0.02% | 0.02% | 0.02% |
Unique to IB11-Groww ELSS Tax Saver
- Kotak Mahindra Bank Limited2.23%
Unique to NIPPON INDIA RETIREMENT FUND -
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks19.0% (4)
Petroleum Products4.6% (1)
Construction3.4% (1)
Automobiles3.2% (2)
Telecom - Services2.7% (1)
IT - Software2.5% (1)
Finance2.5% (2)
Retailing2.2% (3)
Transport Services1.5% (1)
Diversified Metals1.3% (1)
Consumer Durables1.3% (1)
Pharmaceuticals & Biotechnology1.1% (1)
Cement & Cement Products1.0% (1)
Ferrous Metals0.8% (1)
Financial Technology (Fintech)0.8% (1)
Power0.7% (1)
Chemicals & Petrochemicals0.6% (1)
Leisure Services0.6% (1)
Non - Ferrous Metals0.4% (1)
Insurance0.2% (1)
Food Products0.0% (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
More comparisons for NIPPON INDIA RETIREMENT FUND -
- vs CANARA ROBECO LARGE CAP62.5% · 35 stocks
- vs ADITYA BIRLA SUN LIFE LARGE CA59.5% · 36 stocks
- vs CANARA ROBECO FLEXICAP58.5% · 36 stocks
- vs Kotak Large Cap57.6% · 25 stocks
- vs Nippon India Flexi Cap57.1% · 37 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.