Loading fund overlap…
2 of 78 unique stocks in common · Jaccard: 2.6%
A weighted portfolio overlap of 5.1% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹5.1 is allocated to the exact same companies at the same relative proportions. The schemes share 2 common holdings.
The largest overlapping asset in their portfolios is Bharat Heavy Electricals, which commands a weight of 4.29% in SBI PSU Fund and 2.92% in Tata Ethical Fund. Holding both schemes increases your concentration in Bharat Heavy Electricals 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 |
|---|---|---|
| Bharat Heavy ElectricalsElectrical Equipment | 4.29% | 2.92% |
| Bharat Petroleum CorporationPetroleum Products | 4.69% | 2.18% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.