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10 of 88 unique stocks in common · Jaccard: 11.4%
A weighted portfolio overlap of 16.69% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.69 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is Adani Energy Solutions, which commands a weight of 3.63% in SBI Equity Hybrid Fund and 2.63% in Tata Business Cycle Fund. Holding both schemes increases your concentration in Adani Energy Solutions 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 Energy SolutionsPower | 3.63% | 2.63% |
| Larsen & ToubroConstruction | 2.50% | 3.09% |
| HDFC BankBanks | 2.39% | 3.07% |
| Reliance IndustriesPetroleum Products | 2.36% | 4.82% |
| Kotak Mahindra BankBanks | 3.20% | 1.96% |
| Adani PowerPower | 4.03% | 1.85% |
| Jindal SteelFerrous Metals | 1.01% | 3.76% |
| Shree CementCement & Cement Products | 1.78% | 0.99% |
| ITCDiversified FMCG | 0.79% | 0.91% |
| Varun BeveragesBeverages | 0.21% | 1.94% |
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.