Loading fund overlap…
9 of 24 unique stocks in common · Jaccard: 37.5%
A weighted portfolio overlap of 36.8% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹36.8 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 10.50% in Bharat 22 ETF and 20.22% in CPSE ETF. Holding both schemes increases your concentration in NTPC 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 Bharat | in CPSE |
|---|---|---|
| NTPCPower | 10.50% | 20.22% |
| Power Grid Corporation of IndiaPower | 7.55% | 19.79% |
| Coal IndiaConsumable Fuels | 5.69% | 16.10% |
| Oil & Natural Gas CorporationOil | 5.65% | 17.14% |
| Bharat ElectronicsAerospace & Defense | 4.74% | 13.01% |
| NHPCPower | 1.40% | 4.65% |
| NLC IndiaPower | 0.63% | 1.20% |
| NBCC (India)Construction | 0.33% | 1.49% |
| SJVNPower | 0.30% | 1.48% |
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.