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26 of 124 unique stocks in common · Jaccard: 21%
A weighted portfolio overlap of 33.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.64 is allocated to the exact same companies at the same relative proportions. The schemes share 26 common holdings.
The largest overlapping asset in their portfolios is NTPC, which commands a weight of 3.21% in SBI Flexicap Fund and 2.71% in Tata Multicap Fund. Holding both schemes increases your concentration in NTPC 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 |
|---|---|---|
| NTPCPower | 3.21% | 2.71% |
| Axis BankBanks | 4.49% | 2.32% |
| Power Finance CorporationFinance | 2.21% | 2.14% |
| HDFC BankBanks | 4.24% | 2.13% |
| State Bank of IndiaBanks | 2.15% | 2.00% |
| Apollo Hospitals EnterpriseHealthcare Services | 1.95% | 2.70% |
| Reliance IndustriesPetroleum Products | 1.93% | 2.78% |
| ICICI BankBanks | 5.50% | 1.57% |
| InfosysIT - Software | 2.07% | 1.42% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.19% | 2.71% |
| Bandhan BankBanks | 1.19% | 1.88% |
| ICICI Lombard General Insurance CompanyInsurance | 1.19% | 1.29% |
| Cummins IndiaIndustrial Products | 1.35% | 1.15% |
| Shriram FinanceFinance | 1.25% | 1.14% |
| Pearl Global IndustriesTextiles & Apparels | 1.04% | 1.44% |
| The Federal BankBanks | 1.01% | 1.56% |
| Bharti AirtelTelecom - Services | 0.99% | 2.20% |
| Kotak Mahindra BankBanks | 0.99% | 1.44% |
| Maruti Suzuki IndiaAutomobiles | 0.97% | 0.99% |
| Varun BeveragesBeverages | 1.12% | 0.86% |
| AIA EngineeringIndustrial Products | 1.10% | 0.84% |
| SwiggyRetailing | 1.01% | 0.78% |
| VedantaDiversified Metals | 0.95% | 0.72% |
| NMDCMinerals & Mining | 1.23% | 0.48% |
| Tata SteelFerrous Metals | 3.38% | 0.47% |
| EternalRetailing | 0.46% | 1.21% |
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.