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9 of 66 unique stocks in common · Jaccard: 13.6%
A weighted portfolio overlap of 32.44% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹32.44 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 HDFC Bank, which commands a weight of 9.41% in Nippon India Focused Equity Fund and 7.23% in Templeton India Value Fund. Holding both schemes increases your concentration in HDFC Bank 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 Templeton |
|---|---|---|
| HDFC BankBanks | 9.41% | 7.23% |
| Axis BankBanks | 7.36% | 6.78% |
| ICICI BankBanks | 8.03% | 4.67% |
| Reliance IndustriesPetroleum Products | 4.62% | 6.01% |
| InfosysIT - Software | 5.11% | 3.45% |
| State Bank of IndiaBanks | 2.60% | 2.66% |
| ITCDiversified FMCG | 5.84% | 2.20% |
| Restaurant Brands AsiaLeisure Services | 1.97% | 0.77% |
| Whirlpool of IndiaConsumer Durables | 1.69% | 0.13% |
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.