Loading fund overlap…
6 of 74 unique stocks in common · Jaccard: 8.1%
A weighted portfolio overlap of 16.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.5 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 5.89% in SBI BSE Sensex ETF and 4.86% in Tata Digital India Fund. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 5.89% | 4.86% |
| InfosysIT - Software | 4.56% | 16.88% |
| Tata Consultancy ServicesIT - Software | 2.58% | 10.03% |
| EternalRetailing | 2.02% | 5.29% |
| HCL TechnologiesIT - Software | 1.41% | 3.80% |
| Tech MahindraIT - Software | 1.07% | 9.39% |
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.