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25 of 250 unique stocks in common · Jaccard: 10%
A weighted portfolio overlap of 14.85% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹14.85 is allocated to the exact same companies at the same relative proportions. The schemes share 25 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 1.85% in Nippon India Small Cap Fund and 5.94% in Nippon 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 India Small | in Nippon India Value |
|---|---|---|
| HDFC BankBanks | 1.85% | 5.94% |
| Bharat Heavy ElectricalsElectrical Equipment | 1.40% | 2.16% |
| State Bank of IndiaBanks | 1.33% | 1.84% |
| NLC IndiaPower | 1.19% | 1.08% |
| Larsen & ToubroConstruction | 1.02% | 3.24% |
| Dixon Technologies (India)Consumer Durables | 0.91% | 2.56% |
| Inox WindElectrical Equipment | 0.89% | 1.56% |
| VoltasConsumer Durables | 0.73% | 1.41% |
| Coal IndiaConsumable Fuels | 0.68% | 1.21% |
| Hindustan AeronauticsAerospace & Defense | 1.17% | 0.68% |
| RITESConstruction | 0.62% | 0.64% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.50% | 1.02% |
| Power Finance CorporationFinance | 0.44% | 0.51% |
| UTI Asset Management CompanyCapital Markets | 0.43% | 1.00% |
| Aditya Birla Fashion and RetailRetailing | 0.40% | 1.33% |
| Kaynes Technology IndiaIndustrial Manufacturing | 0.29% | 0.40% |
| Angel OneCapital Markets | 0.27% | 2.11% |
| Metropolis HealthcareHealthcare Services | 0.39% | 0.24% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.59% | 0.22% |
| Equitas Small Finance BankBanks | 0.21% | 0.89% |
| Rainbow Childrens MedicareHealthcare Services | 0.21% | 1.01% |
| Page IndustriesTextiles & Apparels | 0.16% | 1.00% |
| PG ElectroplastConsumer Durables | 0.14% | 0.75% |
| Azad EngineeringElectrical Equipment | 0.11% | 0.25% |
| India Shelter Finance CorporationFinance | 0.04% | 1.24% |
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 Apr 2024). Equity holdings only, ISIN-verified. Not investment advice.