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9 of 29 unique stocks in common · Jaccard: 31%
A weighted portfolio overlap of 40.29% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹40.29 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Adani Green Energy, which commands a weight of 8.36% in quant Multi Asset Allocation Fund and 10.32% in quant Quantamental Fund. Holding both schemes increases your concentration in Adani Green Energy 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 Multi | in quant Quantamental |
|---|---|---|
| Adani Green EnergyPower | 8.36% | 10.32% |
| Adani EnterprisesMetals & Minerals Trading | 8.20% | 11.05% |
| ICICI BankBanks | 7.94% | 5.03% |
| HDFC Life Insurance CompanyInsurance | 5.86% | 4.59% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 4.57% | 4.39% |
| ICICI Prudential Asset Management CompanyCapital Markets | 4.76% | 2.94% |
| Reliance IndustriesPetroleum Products | 7.96% | 2.58% |
| Black BoxIT - Services | 2.61% | 2.32% |
| Larsen & ToubroConstruction | 1.87% | 4.87% |
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.