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12 of 86 unique stocks in common · Jaccard: 14%
A weighted portfolio overlap of 25.71% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹25.71 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 4.11% in Franklin Build India Fund and 5.78% in Tata ELSS Fund. Holding both schemes increases your concentration in Bharti Airtel 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 Franklin | in Tata |
|---|---|---|
| Bharti AirtelTelecom - Services | 4.11% | 5.78% |
| Reliance IndustriesPetroleum Products | 5.44% | 3.95% |
| HDFC BankBanks | 3.83% | 5.52% |
| Larsen & ToubroConstruction | 9.35% | 3.18% |
| NTPCPower | 5.63% | 2.96% |
| State Bank of IndiaBanks | 2.21% | 4.36% |
| KEI IndustriesIndustrial Products | 2.33% | 1.69% |
| Kirloskar Pneumatic CompanyIndustrial Products | 1.87% | 1.20% |
| Amber Enterprises IndiaConsumer Durables | 1.21% | 1.06% |
| InterGlobe AviationTransport Services | 5.86% | 0.83% |
| Tata SteelFerrous Metals | 2.60% | 0.43% |
| Bharat Petroleum CorporationPetroleum Products | 1.27% | 0.26% |
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.