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15 of 105 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 23.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.44 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 4.29% in Franklin India Balanced Advantage Fund and 9.87% in Tata Nifty500 Multicap Infrastructure 50-30-20 Index 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 | 4.29% | 9.87% |
| Reliance IndustriesPetroleum Products | 3.77% | 9.35% |
| Larsen & ToubroConstruction | 3.23% | 8.41% |
| NTPCPower | 2.21% | 3.22% |
| Ultratech CementCement & Cement Products | 2.07% | 2.39% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.92% | 1.48% |
| InterGlobe AviationTransport Services | 1.19% | 1.75% |
| The Phoenix MillsRealty | 1.15% | 1.20% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 0.98% | 1.61% |
| Kirloskar Oil EnginesIndustrial Products | 1.50% | 0.80% |
| CESCPower | 0.92% | 0.57% |
| Motherson Sumi Wiring IndiaAuto Components | 0.56% | 0.49% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.48% | 0.55% |
| Amara Raja Energy & MobilityAuto Components | 0.46% | 0.54% |
| Lemon Tree HotelsLeisure Services | 0.57% | 0.28% |
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.