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15 of 118 unique stocks in common · Jaccard: 12.7%
A weighted portfolio overlap of 26.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.75 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.82% in SBI Contra Fund 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 | 5.82% | 5.89% |
| Reliance IndustriesPetroleum Products | 4.95% | 5.23% |
| ICICI BankBanks | 3.58% | 3.82% |
| Kotak Mahindra BankBanks | 2.60% | 3.51% |
| ITCDiversified FMCG | 1.88% | 1.96% |
| Axis BankBanks | 1.34% | 3.23% |
| Indus TowersTelecom - Services | 2.78% | 1.15% |
| Tata Motors Passenger VehiclesAutomobiles | 1.03% | 1.20% |
| Larsen & ToubroConstruction | 0.87% | 3.72% |
| CESCPower | 0.84% | 1.66% |
| United SpiritsBeverages | 0.79% | 1.78% |
| Whirlpool of IndiaConsumer Durables | 0.70% | 0.70% |
| InfosysIT - Software | 0.68% | 2.24% |
| Tata Consultancy ServicesIT - Software | 0.45% | 1.92% |
| Greenply IndustriesConsumer Durables | 0.07% | 1.51% |
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.