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28 of 143 unique stocks in common · Jaccard: 19.6%
A weighted portfolio overlap of 31% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹31 is allocated to the exact same companies at the same relative proportions. The schemes share 28 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.11% in Franklin India Multi-Factor Fund and 2.78% in Tata Multicap Fund. Holding both schemes increases your concentration in Reliance Industries 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 |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.11% | 2.78% |
| Bharti AirtelTelecom - Services | 3.60% | 2.20% |
| HDFC BankBanks | 6.33% | 2.13% |
| State Bank of IndiaBanks | 2.09% | 2.00% |
| NTPCPower | 1.92% | 2.71% |
| Axis BankBanks | 1.90% | 2.32% |
| ICICI BankBanks | 4.63% | 1.57% |
| Kotak Mahindra BankBanks | 1.98% | 1.44% |
| InfosysIT - Software | 2.94% | 1.42% |
| Bank of BarodaBanks | 1.19% | 1.20% |
| Samvardhana Motherson InternationalAuto Components | 1.19% | 1.18% |
| Cummins IndiaIndustrial Products | 1.59% | 1.15% |
| Shriram FinanceFinance | 1.20% | 1.14% |
| Indus TowersTelecom - Services | 1.12% | 1.33% |
| Maruti Suzuki IndiaAutomobiles | 1.03% | 0.99% |
| Mahindra & MahindraAutomobiles | 0.90% | 1.79% |
| Power Finance CorporationFinance | 0.88% | 2.14% |
| RECFinance | 0.86% | 1.27% |
| VedantaDiversified Metals | 0.70% | 0.72% |
| Ultratech CementCement & Cement Products | 0.54% | 0.97% |
| Tata SteelFerrous Metals | 1.00% | 0.47% |
| EternalRetailing | 0.47% | 1.21% |
| Godrej PropertiesRealty | 0.46% | 0.58% |
| Can Fin HomesFinance | 0.39% | 1.19% |
| Aditya Birla Sun Life AMCCapital Markets | 0.38% | 1.05% |
| Adani PowerPower | 0.49% | 0.35% |
| Radico KhaitanBeverages | 0.31% | 1.16% |
| DelhiveryTransport Services | 0.25% | 0.17% |
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.