How much do SBI Nifty 50 ETF and Tata Nifty500 Multicap India Manufacturing 50-30-20 Index Fund overlap?

They share 13 common holdings, a weighted portfolio overlap of about 23.89% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 23.89% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

SBI Nifty 50 ETF vs Tata Nifty500 Multicap India Manufacturing 50-30-20 Index Fund

SBI MF · ETFTata MF · Index Fund· as on May 2026

Weighted portfolio overlap

23.89%

Moderate overlap

Common

Only SBI

Only Tata

13 of 112 unique stocks in common · Jaccard: 11.6%

Overlap Analysis & Diversification Assessment

A weighted portfolio overlap of 23.89% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.89 is allocated to the exact same companies at the same relative proportions. The schemes share 13 common holdings.

The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 8.25% in SBI Nifty 50 ETF and 8.46% in Tata Nifty500 Multicap India Manufacturing 50-30-20 Index Fund. Holding both schemes increases your concentration in Reliance Industries 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).

Common holdings

Stock	in SBI	in Tata
Reliance IndustriesPetroleum Products	8.25%	8.46%
Mahindra & MahindraAutomobiles	2.52%	5.77%
Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology	1.76%	4.04%
Maruti Suzuki IndiaAutomobiles	1.59%	3.65%
Tata SteelFerrous Metals	1.59%	3.64%
Hindalco IndustriesNon - Ferrous Metals	1.51%	3.46%
Bharat ElectronicsAerospace & Defense	1.36%	3.12%
JSW SteelFerrous Metals	1.11%	2.54%
Bajaj AutoAutomobiles	1.07%	2.46%
Eicher MotorsAutomobiles	0.91%	2.09%
Tata Motors Passenger VehiclesAutomobiles	0.76%	1.75%
CiplaPharmaceuticals & Biotechnology	0.73%	1.67%
Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology	0.73%	1.68%

FAQ

How much do SBI Nifty 50 ETF and Tata Nifty500 Multicap India Manufacturing 50-30-20 Index Fund overlap?: They share 13 common holdings, a weighted portfolio overlap of about 23.89% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 23.89% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.