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10 of 125 unique stocks in common · Jaccard: 8%
A weighted portfolio overlap of 13.9% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.9 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ITC, which commands a weight of 3.63% in Nippon India Quant Fund and 5.37% in Tata BSE Multicap Consumption 50-30-20 Index Fund. Holding both schemes increases your concentration in ITC 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 |
|---|---|---|
| ITCDiversified FMCG | 3.63% | 5.37% |
| Bajaj AutoAutomobiles | 3.27% | 2.16% |
| EternalRetailing | 2.15% | 3.48% |
| Tata Motors Passenger VehiclesAutomobiles | 4.16% | 1.60% |
| TVS Motor CompanyAutomobiles | 1.63% | 1.51% |
| Colgate Palmolive (India)Personal Products | 1.79% | 0.90% |
| DLFRealty | 2.12% | 0.74% |
| BoschAuto Components | 1.75% | 0.60% |
| United BreweriesBeverages | 2.14% | 0.31% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 1.79% | 0.30% |
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.