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14 of 163 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 11.68% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.68 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Anand Rathi Wealth, which commands a weight of 3.31% in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF and 2.58% in quant Small Cap Fund. Holding both schemes increases your concentration in Anand Rathi Wealth 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 quant |
|---|---|---|
| Anand Rathi WealthCapital Markets | 3.31% | 2.58% |
| Manappuram FinanceFinance | 2.89% | 1.59% |
| Welspun CorpIndustrial Products | 1.52% | 1.87% |
| Usha MartinIndustrial Products | 1.24% | 1.71% |
| NBCC (India)Construction | 0.85% | 1.27% |
| Gland PharmaPharmaceuticals & Biotechnology | 1.85% | 0.82% |
| Capri Global CapitalFinance | 0.74% | 1.96% |
| Aegis LogisticsGas | 0.59% | 1.88% |
| Poly MedicureHealthcare Equipment & Supplies | 0.40% | 1.85% |
| NCCConstruction | 0.38% | 0.83% |
| Welspun LivingTextiles & Apparels | 0.36% | 0.53% |
| Himadri Speciality ChemicalChemicals & Petrochemicals | 1.16% | 0.22% |
| Triveni TurbineElectrical Equipment | 0.89% | 0.21% |
| Castrol IndiaPetroleum Products | 1.05% | 0.18% |
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.