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19 of 82 unique stocks in common · Jaccard: 23.2%
A weighted portfolio overlap of 29.34% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.34 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 10.14% in SBI BSE Sensex ETF and 3.26% in Tata Dividend Yield 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 SBI | in Tata |
|---|---|---|
| ICICI BankBanks | 10.14% | 3.26% |
| Larsen & ToubroConstruction | 5.38% | 3.15% |
| HDFC BankBanks | 12.80% | 2.97% |
| State Bank of IndiaBanks | 4.52% | 2.14% |
| NTPCPower | 2.07% | 1.92% |
| Reliance IndustriesPetroleum Products | 10.08% | 1.78% |
| Bharti AirtelTelecom - Services | 5.89% | 1.69% |
| Bharat ElectronicsAerospace & Defense | 1.66% | 2.47% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.50% | 1.64% |
| Power Grid Corporation of IndiaPower | 1.49% | 1.94% |
| InfosysIT - Software | 4.56% | 1.30% |
| Tata Consultancy ServicesIT - Software | 2.58% | 1.29% |
| Axis BankBanks | 4.15% | 1.25% |
| ITCDiversified FMCG | 3.12% | 0.95% |
| Ultratech CementCement & Cement Products | 1.52% | 0.79% |
| Mahindra & MahindraAutomobiles | 3.07% | 0.66% |
| InterGlobe AviationTransport Services | 1.11% | 0.58% |
| Bajaj FinanceFinance | 2.73% | 0.56% |
| Tata SteelFerrous Metals | 1.94% | 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.