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16 of 295 unique stocks in common · Jaccard: 5.4%
A weighted portfolio overlap of 5.05% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.05 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is Redington, which commands a weight of 0.82% in Nippon India Nifty Smallcap 250 Index Fund and 1.25% in Tata Small Cap Fund. Holding both schemes increases your concentration in Redington 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 |
|---|---|---|
| RedingtonCommercial Services & Supplies | 0.82% | 1.25% |
| Finolex CablesIndustrial Products | 0.50% | 0.88% |
| Natco PharmaPharmaceuticals & Biotechnology | 0.58% | 0.48% |
| Usha MartinIndustrial Products | 0.38% | 5.05% |
| CIE Automotive IndiaAuto Components | 0.37% | 1.24% |
| Gujarat Pipavav PortTransport Infrastructure | 0.36% | 1.47% |
| Balrampur Chini MillsAgricultural Food & Other Products | 0.29% | 0.97% |
| PCBL ChemicalChemicals & Petrochemicals | 0.29% | 1.08% |
| Graphite IndiaIndustrial Products | 0.28% | 2.35% |
| Quess CorpCommercial Services & Supplies | 0.25% | 1.65% |
| VIP IndustriesConsumer Durables | 0.23% | 1.21% |
| Saregama IndiaEntertainment | 0.20% | 0.64% |
| Cello WorldConsumer Durables | 0.19% | 2.40% |
| C.E. Info SystemsIT - Software | 0.16% | 1.97% |
| Allcargo LogisticsTransport Services | 0.14% | 0.48% |
| Alivus Life SciencesPharmaceuticals & Biotechnology | 0.11% | 0.73% |
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.