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9 of 59 unique stocks in common · Jaccard: 15.3%
A weighted portfolio overlap of 19.54% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.54 is allocated to the exact same companies at the same relative proportions. The schemes share 9 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 6.63% in Tata Focused 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% | 6.63% |
| Bharti AirtelTelecom - Services | 3.27% | 3.55% |
| Larsen & ToubroConstruction | 2.50% | 3.46% |
| HDFC BankBanks | 2.39% | 6.94% |
| Reliance IndustriesPetroleum Products | 2.36% | 4.83% |
| InfosysIT - Software | 1.65% | 3.44% |
| Page IndustriesTextiles & Apparels | 1.44% | 2.96% |
| Jindal SteelFerrous Metals | 1.01% | 2.77% |
| NTPCPower | 0.88% | 4.76% |
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.