Loading fund overlap…
10 of 161 unique stocks in common · Jaccard: 6.2%
A weighted portfolio overlap of 11.64% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.64 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Radico Khaitan, which commands a weight of 3.10% in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF and 2.63% in Tata Dividend Yield Fund. Holding both schemes increases your concentration in Radico Khaitan 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 |
|---|---|---|
| Radico KhaitanBeverages | 3.10% | 2.63% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 3.60% | 2.04% |
| Multi Commodity Exchange of IndiaCapital Markets | 3.89% | 1.87% |
| Dr. Lal Path LabsHealthcare Services | 1.51% | 1.42% |
| Amber Enterprises IndiaConsumer Durables | 1.46% | 0.92% |
| PNB Housing FinanceFinance | 0.87% | 2.54% |
| CreditAccess GrameenFinance | 0.77% | 1.31% |
| Gravita IndiaMinerals & Mining | 0.47% | 0.72% |
| Titagarh Rail SystemsIndustrial Manufacturing | 0.43% | 1.07% |
| Gillette IndiaPersonal Products | 0.77% | 0.22% |
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.