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2 of 86 unique stocks in common · Jaccard: 2.3%
A weighted portfolio overlap of 1.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹1.07 is allocated to the exact same companies at the same relative proportions. The schemes share 2 common holdings.
The largest overlapping asset in their portfolios is Ador Welding, which commands a weight of 0.67% in Nippon India Value Fund and 6.09% in quant Manufacturing Fund. Holding both schemes increases your concentration in Ador Welding 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 quant |
|---|---|---|
| Ador WeldingIndustrial Products | 0.67% | 6.09% |
| Kaynes Technology IndiaIndustrial Manufacturing | 0.40% | 3.76% |
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.