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6 of 36 unique stocks in common · Jaccard: 16.7%
A weighted portfolio overlap of 32.7% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.7 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is ITC, which commands a weight of 14.04% in Bharat 22 ETF and 10.45% in Nippon India Nifty 50 Value 20 Index Fund. Holding both schemes increases your concentration in ITC 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 Nippon |
|---|---|---|
| ITCDiversified FMCG | 14.04% | 10.45% |
| State Bank of IndiaBanks | 8.07% | 8.58% |
| NTPCPower | 10.50% | 4.67% |
| Power Grid Corporation of IndiaPower | 7.55% | 3.72% |
| Oil & Natural Gas CorporationOil | 5.65% | 2.99% |
| Coal IndiaConsumable Fuels | 5.69% | 2.80% |
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.