IB11-Groww ELSS Tax Saver Fund vs Parag Parikh Large Cap Fund
Groww vs PPFAS· Portfolio Overlap Analysis
61.9%High Overlap
35 common stocksRank #4805 / 5,000
Investor takeaway: These funds overlap 61.9%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (35)
| Stock | Wt% in IB11-Groww ELSS Tax Saver | Wt% in Parag Parikh Large Cap | Overlap |
|---|---|---|---|
HDFC Bank Limited Banks | 8.05% | 9.77% | 8.05% |
ICICI Bank Limited Banks | 5.75% | 7.17% | 5.75% |
Reliance Industries Limited Petroleum Products | 5.46% | 6.82% | 5.46% |
State Bank of India Banks | 3.53% | 3.61% | 3.53% |
Larsen & Toubro Limited Construction | 3.35% | 3.64% | 3.35% |
Bharti Airtel Limited Telecom - Services | 3.23% | 3.79% | 3.23% |
Axis Bank Limited Banks | 2.60% | 2.91% | 2.60% |
Infosys Limited IT - Software | 2.49% | 3.30% | 2.49% |
Kotak Mahindra Bank Limited Banks | 2.23% | 2.25% | 2.23% |
Mahindra & Mahindra Limited Automobiles | 2.35% | 2.20% | 2.20% |
Bajaj Finance Limited Finance | 1.67% | 1.92% | 1.67% |
ITC Limited Diversified FMCG | 1.54% | 2.19% | 1.54% |
Maruti Suzuki India Limited Automobiles | 1.77% | 1.41% | 1.41% |
Hindustan Unilever Limited Diversified FMCG | 1.29% | 1.50% | 1.29% |
Tata Steel Limited Ferrous Metals | 1.56% | 1.27% | 1.27% |
Titan Company Limited Consumer Durables | 1.27% | 1.29% | 1.27% |
Eternal Limited Retailing | 1.15% | 1.28% | 1.15% |
Shriram Finance Limited Finance | 1.36% | 1.10% | 1.10% |
Tata Consultancy Services Limited IT - Software | 1.08% | 1.95% | 1.08% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.04% | 1.33% | 1.04% |
UltraTech Cement Limited Cement & Cement Products | 1.00% | 1.09% | 1.00% |
Hindalco Industries Limited Non - Ferrous Metals | 1.66% | 0.97% | 0.97% |
Vedanta Limited Diversified Metals | 1.33% | 0.88% | 0.88% |
JSW Steel Limited Ferrous Metals | 1.09% | 0.86% | 0.86% |
Eicher Motors Limited Automobiles | 1.00% | 0.80% | 0.80% |
InterGlobe Aviation Limited Transport Services | 1.50% | 0.79% | 0.79% |
Grasim Industries Limited Cement & Cement Products | 1.14% | 0.78% | 0.78% |
NTPC Limited Power | 0.70% | 1.31% | 0.70% |
TVS Motor Company Limited Automobiles | 1.36% | 0.66% | 0.66% |
Max Healthcare Institute Limited Healthcare Services | 0.68% | 0.59% | 0.59% |
Tata Motors Passenger Vehicles Limited Automobiles | 0.63% | 0.58% | 0.58% |
HCL Technologies Limited IT - Software | 0.50% | 1.06% | 0.50% |
The Indian Hotels Company Limited Leisure Services | 1.06% | 0.42% | 0.42% |
ICICI Lombard General Insurance Company Insurance | 1.03% | 0.33% | 0.33% |
Info Edge (India) Limited Retailing | 0.86% | 0.29% | 0.29% |
Unique to IB11-Groww ELSS Tax Saver
All top holdings are shared with the other fund.
Unique to Parag Parikh Large Cap
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks22.2% (5)
Automobiles5.7% (5)
Petroleum Products5.5% (1)
IT - Software4.1% (3)
Construction3.4% (1)
Telecom - Services3.2% (1)
Diversified FMCG2.8% (2)
Finance2.8% (2)
Ferrous Metals2.1% (2)
Cement & Cement Products1.8% (2)
Retailing1.4% (2)
Consumer Durables1.3% (1)
Pharmaceuticals & Biotechnology1.0% (1)
Non - Ferrous Metals1.0% (1)
Diversified Metals0.9% (1)
Transport Services0.8% (1)
Power0.7% (1)
Healthcare Services0.6% (1)
Leisure Services0.4% (1)
Insurance0.3% (1)
More comparisons for IB11-Groww ELSS Tax Saver
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- vs IB33-GROWW NIFTY 200 ETF61.9% · 54 stocks
- vs Axis Nifty 100 Index61.8% · 35 stocks
- vs HDFC NIFTY 100 ETF61.8% · 35 stocks
- vs ICICI Prudential Nifty 100 ETF61.8% · 35 stocks
More comparisons for Parag Parikh Large Cap
- vs HDFC NIFTY 100 ETF99.8% · 100 stocks
- vs ICICI Prudential Nifty 100 ETF99.8% · 100 stocks
- vs Axis Nifty 100 Index99.7% · 100 stocks
- vs Nippon India ETF Nifty 10099.7% · 100 stocks
- vs HDFC NIFTY 100 Index99.7% · 100 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.