How much do Nippon India Multi Asset Fund and NJ Balanced Advantage Fund overlap?

They share 37 common holdings, a weighted portfolio overlap of about 15.24% (low overlap — mostly different holdings), as on Aug 2025. Information only, not investment advice.

What does 15.24% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Nippon India Multi Asset Fund vs NJ Balanced Advantage Fund

Nippon India MF · HybridNJ MF · Hybrid· as on Aug 2025

Weighted portfolio overlap

15.24%

Low overlap

Common

Only Nippon

Only NJ

37 of 129 unique stocks in common · Jaccard: 28.7%

Common holdings

Stock	in Nippon	in NJ
Reliance IndustriesPetroleum Products	1.88%	8.47%
HDFC BankBanks	3.53%	1.69%
Tata Consultancy ServicesIT - Software	1.35%	1.20%
ITCDiversified FMCG	1.47%	1.17%
Coal IndiaConsumable Fuels	0.95%	3.21%
InfosysIT - Software	0.87%	1.32%
Tech MahindraIT - Software	0.81%	1.52%
Alkem LaboratoriesPharmaceuticals & Biotechnology	0.62%	2.16%
State Bank of IndiaBanks	1.17%	0.57%
BoschAuto Components	0.56%	3.78%
Bajaj AutoAutomobiles	0.55%	3.05%
HDFC Asset Management CompanyCapital Markets	0.52%	4.48%
Torrent PharmaceuticalsPharmaceuticals & Biotechnology	0.51%	2.17%
ICICI BankBanks	3.13%	0.44%
Colgate Palmolive (India)Personal Products	0.36%	2.19%
HCL TechnologiesIT - Software	0.35%	3.44%
Axis BankBanks	1.35%	0.34%
Abbott IndiaPharmaceuticals & Biotechnology	0.47%	0.31%
Indian Railway Catering And Tourism CorporationLeisure Services	0.33%	0.26%
Procter & Gamble Hygiene and Health CarePersonal Products	0.70%	0.22%
Tata Power CompanyPower	1.01%	0.19%
Larsen & ToubroConstruction	1.84%	0.18%
Sona BLW Precision ForgingsAuto Components	0.42%	0.17%
SBI Life Insurance CompanyInsurance	0.55%	0.13%
DLFRealty	0.64%	0.10%
TrentRetailing	0.71%	0.08%
Indus TowersTelecom - Services	0.40%	0.06%
GAIL (India)Gas	0.67%	0.03%
Exide IndustriesAuto Components	0.53%	0.02%
Samvardhana Motherson InternationalAuto Components	0.50%	0.02%
Bharat Heavy ElectricalsElectrical Equipment	0.72%	0.02%
Hindustan AeronauticsAerospace & Defense	0.88%	0.01%
The Indian Hotels CompanyLeisure Services	0.42%	0.01%
Bharat Petroleum CorporationPetroleum Products	0.70%	0.00%
NTPCPower	1.44%	0.00%
Hindalco IndustriesNon - Ferrous Metals	0.57%	0.00%
Grasim IndustriesCement & Cement Products	0.93%	0.00%

FAQ

How much do Nippon India Multi Asset Fund and NJ Balanced Advantage Fund overlap?: They share 37 common holdings, a weighted portfolio overlap of about 15.24% (low overlap — mostly different holdings), as on Aug 2025. Information only, not investment advice.
What does 15.24% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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 Aug 2025). Equity holdings only, ISIN-verified. Not investment advice.