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10 of 85 unique stocks in common · Jaccard: 11.8%
A weighted portfolio overlap of 21.07% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.07 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 ICICI Bank, which commands a weight of 4.04% in SBI Equity Hybrid Fund and 3.82% in Tata Childrens 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 | 4.04% | 3.82% |
| Kotak Mahindra BankBanks | 3.20% | 3.51% |
| Larsen & ToubroConstruction | 2.50% | 3.72% |
| HDFC BankBanks | 2.39% | 5.89% |
| Reliance IndustriesPetroleum Products | 2.36% | 5.23% |
| Shree CementCement & Cement Products | 1.78% | 1.92% |
| InfosysIT - Software | 1.65% | 2.24% |
| MRFAuto Components | 2.50% | 1.50% |
| Tata Consultancy ServicesIT - Software | 1.08% | 1.92% |
| ITCDiversified FMCG | 0.79% | 1.96% |
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.