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4 of 83 unique stocks in common · Jaccard: 4.8%
A weighted portfolio overlap of 8.81% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.81 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is Infosys, which commands a weight of 5.11% in Nippon India Focused Equity Fund 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 | 5.11% | 7.66% |
| Tech MahindraIT - Software | 2.06% | 3.51% |
| Hero MotoCorpAutomobiles | 3.50% | 1.03% |
| 3M IndiaDiversified | 3.61% | 0.61% |
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.