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14 of 95 unique stocks in common · Jaccard: 14.7%
A weighted portfolio overlap of 29.18% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.18 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 Infosys, which commands a weight of 9.02% in Nippon India ETF Nifty Dividend Opportunities 50 and 7.66% in Tata Ethical Fund. Holding both schemes increases your concentration in Infosys 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 Tata |
|---|---|---|
| InfosysIT - Software | 9.02% | 7.66% |
| Tata Consultancy ServicesIT - Software | 9.36% | 5.60% |
| Hindustan UnileverDiversified FMCG | 5.12% | 3.27% |
| HCL TechnologiesIT - Software | 3.72% | 2.95% |
| Tech MahindraIT - Software | 2.06% | 3.51% |
| Bharat Petroleum CorporationPetroleum Products | 1.49% | 2.07% |
| Britannia IndustriesFood Products | 1.45% | 2.09% |
| Cummins IndiaIndustrial Products | 1.14% | 1.97% |
| Hero MotoCorpAutomobiles | 1.52% | 1.03% |
| Colgate Palmolive (India)Personal Products | 0.97% | 1.30% |
| MphasisIT - Software | 0.49% | 2.12% |
| Indraprastha GasGas | 0.42% | 1.16% |
| CyientIT - Services | 0.39% | 0.55% |
| Castrol IndiaPetroleum Products | 0.26% | 0.57% |
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.