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5 of 69 unique stocks in common · Jaccard: 7.2%
A weighted portfolio overlap of 8.7% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.7 is allocated to the exact same companies at the same relative proportions. The schemes share 5 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 2.07% in SBI BSE Sensex ETF and 3.92% in Tata Resources & Energy Fund. Holding both schemes increases your concentration in NTPC 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 |
|---|---|---|
| NTPCPower | 2.07% | 3.92% |
| Tata SteelFerrous Metals | 1.94% | 4.52% |
| Reliance IndustriesPetroleum Products | 10.08% | 1.91% |
| Ultratech CementCement & Cement Products | 1.52% | 5.82% |
| Power Grid Corporation of IndiaPower | 1.49% | 1.26% |
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.