Loading fund overlap…
7 of 67 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 16.96% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹16.96 is allocated to the exact same companies at the same relative proportions. The schemes share 7 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 6.21% in SBI Focused Fund and 5.20% in Tata Large & Mid Cap Fund. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 6.21% | 5.20% |
| Bharti AirtelTelecom - Services | 5.49% | 3.94% |
| ICICI BankBanks | 7.28% | 3.71% |
| Adani Energy SolutionsPower | 4.92% | 1.88% |
| ThermaxElectrical Equipment | 2.46% | 1.28% |
| Kotak Mahindra BankBanks | 5.77% | 0.72% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 2.25% | 0.23% |
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.