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17 of 148 unique stocks in common · Jaccard: 11.5%
A weighted portfolio overlap of 21.81% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.81 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.23% in Mirae Asset Flexi Cap Fund and 9.35% in Tata Nifty500 Multicap Infrastructure 50-30-20 Index 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 Mirae | in Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.23% | 9.35% |
| Bharti AirtelTelecom - Services | 2.33% | 9.87% |
| Larsen & ToubroConstruction | 2.27% | 8.41% |
| Indus TowersTelecom - Services | 1.58% | 2.07% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.57% | 2.34% |
| Ultratech CementCement & Cement Products | 1.27% | 2.39% |
| The Phoenix MillsRealty | 1.32% | 1.20% |
| JSW EnergyPower | 1.48% | 1.16% |
| NTPCPower | 1.09% | 3.22% |
| Krishna Institute Of Medical SciencesHealthcare Services | 0.93% | 0.94% |
| Bharat Petroleum CorporationPetroleum Products | 0.91% | 1.06% |
| Oil & Natural Gas CorporationOil | 0.75% | 1.81% |
| The Indian Hotels CompanyLeisure Services | 0.69% | 1.01% |
| Narayana HrudayalayaHealthcare Services | 1.08% | 0.65% |
| Motherson Sumi Wiring IndiaAuto Components | 0.78% | 0.49% |
| InterGlobe AviationTransport Services | 0.42% | 1.75% |
| Brigade EnterprisesRealty | 0.27% | 0.45% |
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.