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8 of 65 unique stocks in common · Jaccard: 12.3%
A weighted portfolio overlap of 13.96% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹13.96 is allocated to the exact same companies at the same relative proportions. The schemes share 8 common holdings.
The largest overlapping asset in their portfolios is Adani Power, which commands a weight of 4.03% in SBI Equity Hybrid Fund and 2.83% in Tata BSE Select Business Groups Index Fund. Holding both schemes increases your concentration in Adani Power 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 |
|---|---|---|
| Adani PowerPower | 4.03% | 2.83% |
| Larsen & ToubroConstruction | 2.50% | 13.67% |
| Reliance IndustriesPetroleum Products | 2.36% | 20.49% |
| Hindalco IndustriesNon - Ferrous Metals | 1.74% | 4.65% |
| Adani Energy SolutionsPower | 3.63% | 1.51% |
| Tata Consultancy ServicesIT - Software | 1.08% | 5.01% |
| Jindal SteelFerrous Metals | 1.01% | 1.27% |
| JSW EnergyPower | 1.77% | 0.93% |
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.