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3 of 39 unique stocks in common · Jaccard: 7.7%
A weighted portfolio overlap of 6.75% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.75 is allocated to the exact same companies at the same relative proportions. The schemes share 3 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 3.80% in quant BFSI Fund and 9.93% in Tata Banking & Financial Services Fund. Holding both schemes increases your concentration in ICICI 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 quant | in Tata |
|---|---|---|
| ICICI BankBanks | 3.80% | 9.93% |
| Onemi Technology SolutionsFinance | 5.31% | 1.51% |
| Nippon Life India Asset ManagementCapital Markets | 4.32% | 1.44% |
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.