Loading fund overlap…
9 of 69 unique stocks in common · Jaccard: 13%
A weighted portfolio overlap of 30.75% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹30.75 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 HDFC Bank, which commands a weight of 10.53% in SBI Nifty 50 ETF and 9.40% in Tata Housing Opportunities Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 10.53% | 9.40% |
| ICICI BankBanks | 8.30% | 8.37% |
| Larsen & ToubroConstruction | 4.43% | 5.76% |
| State Bank of IndiaBanks | 3.70% | 1.84% |
| NTPCPower | 1.70% | 6.22% |
| Tata SteelFerrous Metals | 1.59% | 1.96% |
| Ultratech CementCement & Cement Products | 1.26% | 8.44% |
| Asian PaintsConsumer Durables | 1.12% | 1.34% |
| JSW SteelFerrous Metals | 1.11% | 4.72% |
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.