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14 of 69 unique stocks in common · Jaccard: 20.3%
A weighted portfolio overlap of 26.65% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.65 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 Tata Consultancy Services, which commands a weight of 9.36% in Nippon India ETF Nifty Dividend Opportunities 50 and 4.69% in SBI Quant Fund. Holding both schemes increases your concentration in Tata Consultancy Services 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 Nippon | in SBI |
|---|---|---|
| Tata Consultancy ServicesIT - Software | 9.36% | 4.69% |
| InfosysIT - Software | 9.02% | 3.04% |
| Oil & Natural Gas CorporationOil | 2.83% | 3.40% |
| Coal IndiaConsumable Fuels | 2.66% | 5.59% |
| Bajaj AutoAutomobiles | 2.59% | 5.07% |
| Hindustan UnileverDiversified FMCG | 5.12% | 2.36% |
| Tech MahindraIT - Software | 2.06% | 5.08% |
| Power Finance CorporationFinance | 1.65% | 4.44% |
| Hero MotoCorpAutomobiles | 1.52% | 5.26% |
| HDFC Asset Management CompanyCapital Markets | 1.00% | 4.37% |
| NMDCMinerals & Mining | 0.75% | 2.60% |
| NTPCPower | 4.43% | 0.55% |
| Indian BankBanks | 0.49% | 1.88% |
| Oracle Financial Services SoftwareIT - Software | 0.46% | 2.11% |
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.