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11 of 71 unique stocks in common · Jaccard: 15.5%
A weighted portfolio overlap of 35.24% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.24 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 12.80% in SBI BSE Sensex ETF and 5.89% in Tata Childrens Fund. Holding both schemes increases your concentration in HDFC 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 SBI | in Tata |
|---|---|---|
| HDFC BankBanks | 12.80% | 5.89% |
| Reliance IndustriesPetroleum Products | 10.08% | 5.23% |
| ICICI BankBanks | 10.14% | 3.82% |
| Larsen & ToubroConstruction | 5.38% | 3.72% |
| Axis BankBanks | 4.15% | 3.23% |
| Kotak Mahindra BankBanks | 3.19% | 3.51% |
| InfosysIT - Software | 4.56% | 2.24% |
| Hindustan UnileverDiversified FMCG | 2.16% | 2.62% |
| ITCDiversified FMCG | 3.12% | 1.96% |
| Tata Consultancy ServicesIT - Software | 2.58% | 1.92% |
| Titan CompanyConsumer Durables | 1.88% | 3.22% |
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.