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12 of 113 unique stocks in common · Jaccard: 10.6%
A weighted portfolio overlap of 27.69% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹27.69 is allocated to the exact same companies at the same relative proportions. The schemes share 12 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 9.35% in Tata Nifty500 Multicap Infrastructure 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).
| Stock | in SBI | in Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 8.25% | 9.35% |
| Bharti AirtelTelecom - Services | 5.19% | 9.87% |
| Larsen & ToubroConstruction | 4.43% | 8.41% |
| NTPCPower | 1.70% | 3.22% |
| Ultratech CementCement & Cement Products | 1.26% | 2.39% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.23% | 2.34% |
| Power Grid Corporation of IndiaPower | 1.22% | 2.31% |
| Grasim IndustriesCement & Cement Products | 1.10% | 2.09% |
| Oil & Natural Gas CorporationOil | 0.95% | 1.81% |
| InterGlobe AviationTransport Services | 0.92% | 1.75% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.78% | 1.48% |
| Max Healthcare InstituteHealthcare Services | 0.66% | 1.26% |
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.