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31 of 291 unique stocks in common · Jaccard: 10.7%
A weighted portfolio overlap of 13.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.74 is allocated to the exact same companies at the same relative proportions. The schemes share 31 common holdings.
The largest overlapping asset in their portfolios is Axis Bank, which commands a weight of 0.94% in Nippon India Small Cap Fund and 1.71% in Sundaram Small Cap Fund. Holding both schemes increases your concentration in Axis 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 | in Sundaram |
|---|---|---|
| Axis BankBanks | 0.94% | 1.71% |
| Balrampur Chini MillsAgricultural Food & Other Products | 0.93% | 1.77% |
| Craftsman AutomationAuto Components | 0.81% | 2.45% |
| MTAR TechnologiesElectrical Equipment | 0.81% | 3.87% |
| Aster DM Quality CareHealthcare Services | 0.80% | 3.52% |
| EmamiPersonal Products | 0.74% | 0.69% |
| PNB Housing FinanceFinance | 0.66% | 2.57% |
| Gland PharmaPharmaceuticals & Biotechnology | 0.64% | 0.63% |
| ESAB IndiaIndustrial Products | 0.63% | 0.75% |
| Kalpataru Projects InternationalConstruction | 0.61% | 1.30% |
| Rate Gain Travel TechnologiesIT - Software | 0.60% | 3.59% |
| Affle 3iIT - Services | 0.50% | 2.88% |
| K.P.R. MillTextiles & Apparels | 0.49% | 0.69% |
| PVR INOXEntertainment | 0.49% | 0.72% |
| Orient ElectricConsumer Durables | 0.41% | 0.71% |
| CyientIT - Services | 0.40% | 0.65% |
| Deepak NitriteChemicals & Petrochemicals | 0.39% | 0.96% |
| Carborundum UniversalIndustrial Products | 0.55% | 0.36% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 0.60% | 0.35% |
| Ion Exchange (India)Other Utilities | 0.32% | 1.18% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 0.31% | 1.69% |
| Birla CorporationCement & Cement Products | 0.29% | 0.82% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.21% | 1.17% |
| Aavas FinanciersFinance | 0.19% | 1.50% |
| Brigade EnterprisesRealty | 0.19% | 1.62% |
| UTI Asset Management CompanyCapital Markets | 0.16% | 0.60% |
| Sanofi Consumer Healthcare IndiaPharmaceuticals & Biotechnology | 0.14% | 1.36% |
| Equitas Small Finance BankBanks | 0.12% | 1.38% |
| Venus Pipes & TubesIndustrial Products | 0.12% | 1.37% |
| BirlasoftIT - Software | 0.10% | 0.32% |
| RHI Magnesita IndiaIndustrial Products | 0.09% | 0.98% |
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 2026). Equity holdings only, ISIN-verified. Not investment advice.