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17 of 98 unique stocks in common · Jaccard: 17.3%
A weighted portfolio overlap of 34.32% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹34.32 is allocated to the exact same companies at the same relative proportions. The schemes share 17 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.82% in Nippon India Power & Infra Fund and 9.35% in Tata Nifty500 Multicap Infrastructure 50-30-20 Index 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 Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.82% | 9.35% |
| Larsen & ToubroConstruction | 5.70% | 8.41% |
| Bharti AirtelTelecom - Services | 4.72% | 9.87% |
| NTPCPower | 5.76% | 3.22% |
| Ultratech CementCement & Cement Products | 4.45% | 2.39% |
| Power Grid Corporation of IndiaPower | 2.15% | 2.31% |
| Indus TowersTelecom - Services | 3.17% | 2.07% |
| Apollo Hospitals EnterpriseHealthcare Services | 2.95% | 1.48% |
| Grasim IndustriesCement & Cement Products | 1.43% | 2.09% |
| Tata Power CompanyPower | 2.23% | 1.24% |
| The Phoenix MillsRealty | 1.57% | 1.20% |
| Container Corporation of IndiaTransport Services | 2.60% | 0.58% |
| CESCPower | 1.75% | 0.57% |
| Indraprastha GasGas | 1.40% | 0.56% |
| Kaynes Technology IndiaIndustrial Manufacturing | 4.23% | 0.49% |
| Brigade EnterprisesRealty | 3.07% | 0.45% |
| Jyoti CNC AutomationIndustrial Manufacturing | 0.99% | 0.25% |
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.