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22 of 260 unique stocks in common · Jaccard: 8.5%
A weighted portfolio overlap of 13.25% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.25 is allocated to the exact same companies at the same relative proportions. The schemes share 22 common holdings.
The largest overlapping asset in their portfolios is Voltamp Transformers, which commands a weight of 1.94% in Mirae Asset Small Cap Fund and 1.78% in Nippon India Small Cap Fund. Holding both schemes increases your concentration in Voltamp Transformers 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 Nippon |
|---|---|---|
| Voltamp TransformersElectrical Equipment | 1.94% | 1.78% |
| Karur Vysya BankBanks | 2.52% | 1.29% |
| NLC IndiaPower | 2.17% | 1.19% |
| Central Depository Services (India)Capital Markets | 1.56% | 0.84% |
| Kalpataru Projects InternationalConstruction | 1.57% | 0.83% |
| eClerx ServicesCommercial Services & Supplies | 1.43% | 0.80% |
| Timken IndiaIndustrial Products | 1.60% | 0.75% |
| Kirloskar Oil EnginesIndustrial Products | 2.56% | 0.74% |
| K.P.R. MillTextiles & Apparels | 1.88% | 0.69% |
| Fine Organic IndustriesChemicals & Petrochemicals | 0.75% | 0.66% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.63% | 0.59% |
| KFin TechnologiesCapital Markets | 1.23% | 0.50% |
| EternalRetailing | 0.58% | 0.42% |
| Credit Analysis And ResearchCapital Markets | 0.72% | 0.38% |
| Brigade EnterprisesRealty | 0.93% | 0.31% |
| Century Plyboards (India)Consumer Durables | 0.42% | 0.29% |
| Orient ElectricConsumer Durables | 0.25% | 0.43% |
| Can Fin HomesFinance | 1.03% | 0.25% |
| Doms IndustriesHousehold Products | 1.98% | 0.24% |
| Equitas Small Finance BankBanks | 1.57% | 0.21% |
| City Union BankBanks | 0.93% | 0.15% |
| Westlife FoodworldLeisure Services | 0.98% | 0.09% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.