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19 of 95 unique stocks in common · Jaccard: 20%
A weighted portfolio overlap of 27.26% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.26 is allocated to the exact same companies at the same relative proportions. The schemes share 19 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 3.26% 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 | 4.04% | 3.26% |
| Larsen & ToubroConstruction | 2.50% | 3.15% |
| HDFC BankBanks | 2.39% | 2.97% |
| State Bank of IndiaBanks | 3.79% | 2.14% |
| Adani PowerPower | 4.03% | 1.96% |
| Reliance IndustriesPetroleum Products | 2.36% | 1.78% |
| Hindalco IndustriesNon - Ferrous Metals | 1.74% | 1.84% |
| Bharti AirtelTelecom - Services | 3.27% | 1.69% |
| Adani Energy SolutionsPower | 3.63% | 1.31% |
| InfosysIT - Software | 1.65% | 1.30% |
| Muthoot FinanceFinance | 2.79% | 1.29% |
| Tata Consultancy ServicesIT - Software | 1.08% | 1.29% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.62% | 0.96% |
| NTPCPower | 0.88% | 1.92% |
| Coal IndiaConsumable Fuels | 1.80% | 0.84% |
| ITCDiversified FMCG | 0.79% | 0.95% |
| InterGlobe AviationTransport Services | 2.25% | 0.58% |
| Bajaj FinanceFinance | 2.49% | 0.56% |
| Varun BeveragesBeverages | 0.21% | 1.01% |
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.