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10 of 50 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 30.07% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.07 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 10.08% in SBI BSE Sensex ETF and 20.49% in Tata BSE Select Business Groups Index 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 SBI | in Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 10.08% | 20.49% |
| Larsen & ToubroConstruction | 5.38% | 13.67% |
| Mahindra & MahindraAutomobiles | 3.07% | 7.79% |
| Tata Consultancy ServicesIT - Software | 2.58% | 5.01% |
| Tata SteelFerrous Metals | 1.94% | 3.78% |
| Titan CompanyConsumer Durables | 1.88% | 3.65% |
| Ultratech CementCement & Cement Products | 1.52% | 3.87% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.50% | 3.82% |
| Tech MahindraIT - Software | 1.07% | 2.71% |
| TrentRetailing | 1.05% | 2.05% |
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.