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14 of 116 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 17.25% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.25 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.88% in SBI Dividend Yield Fund and 3.21% 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 | 6.88% | 3.21% |
| Larsen & ToubroConstruction | 3.93% | 2.89% |
| Dr. Lal Path LabsHealthcare Services | 1.49% | 1.58% |
| TVS Motor CompanyAutomobiles | 1.44% | 1.94% |
| Bharti AirtelTelecom - Services | 1.27% | 1.55% |
| Nestle IndiaFood Products | 2.12% | 0.98% |
| Life Insurance Corporation Of IndiaInsurance | 3.84% | 0.94% |
| The Great Eastern Shipping CompanyTransport Services | 1.42% | 0.89% |
| Interglobe AviationTransport Services | 2.57% | 0.84% |
| Ultratech CementCement & Cement Products | 1.27% | 0.73% |
| Tenneco Clean Air IndiaAuto Components | 0.86% | 0.71% |
| CESCPower | 1.71% | 0.66% |
| Mahindra & MahindraAutomobiles | 2.30% | 0.66% |
| Vedanta Aluminium MetalNon - Ferrous Metals | 2.44% | 0.54% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.