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9 of 90 unique stocks in common · Jaccard: 10%
A weighted portfolio overlap of 12.81% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹12.81 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 ICICI Bank, which commands a weight of 4.70% in quant Multi Cap Fund and 3.71% in Tata Large & Mid Cap 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 | 4.70% | 3.71% |
| Reliance IndustriesPetroleum Products | 2.83% | 3.90% |
| Adani Energy SolutionsPower | 1.97% | 1.88% |
| Bharti AirtelTelecom - Services | 1.51% | 3.94% |
| LIC Housing FinanceFinance | 1.93% | 1.32% |
| Tata CommunicationsTelecom - Services | 1.28% | 2.90% |
| Digitide SolutionsIT - Services | 0.16% | 0.26% |
| Larsen & ToubroConstruction | 0.07% | 1.90% |
| PB FintechFinancial Technology (Fintech) | 1.45% | 0.04% |
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.