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9 of 157 unique stocks in common · Jaccard: 5.7%
A weighted portfolio overlap of 8.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.8 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 3.41% in Nippon India Flexi Cap Fund and 8.36% in quant Small Cap Fund. Holding both schemes increases your concentration in Reliance Industries 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 quant |
|---|---|---|
| Reliance IndustriesPetroleum Products | 3.41% | 8.36% |
| ICICI BankBanks | 4.67% | 1.69% |
| Samvardhana Motherson InternationalAuto Components | 1.62% | 1.22% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.95% | 0.82% |
| Welspun LivingTextiles & Apparels | 0.52% | 0.53% |
| Aditya Birla Fashion and RetailRetailing | 0.68% | 0.37% |
| Apollo TyresAuto Components | 0.82% | 0.35% |
| Kaynes Technology IndiaIndustrial Manufacturing | 0.33% | 0.24% |
| Rishabh InstrumentsElectrical Equipment | 0.18% | 0.32% |
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.