Loading fund overlap…
8 of 93 unique stocks in common · Jaccard: 8.6%
A weighted portfolio overlap of 18.43% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.43 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 7.96% in quant Multi Asset Allocation Fund and 8.36% in quant Small Cap Fund. Holding both schemes increases your concentration in Reliance Industries 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 Small |
|---|---|---|
| Reliance IndustriesPetroleum Products | 7.96% | 8.36% |
| Adani Green EnergyPower | 8.36% | 3.23% |
| Adani EnterprisesMetals & Minerals Trading | 8.20% | 2.80% |
| ICICI BankBanks | 7.94% | 1.69% |
| Black BoxIT - Services | 2.61% | 1.04% |
| Ventive HospitalityLeisure Services | 0.88% | 1.65% |
| HDFC Life Insurance CompanyInsurance | 5.86% | 0.43% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 4.57% | 0.40% |
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.