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13 of 107 unique stocks in common · Jaccard: 12.1%
A weighted portfolio overlap of 15.91% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.91 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 Apollo Hospitals Enterprise, which commands a weight of 2.01% in SBI Quality Fund and 2.70% in Tata Multicap Fund. Holding both schemes increases your concentration in Apollo Hospitals Enterprise 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 |
|---|---|---|
| Apollo Hospitals EnterpriseHealthcare Services | 2.01% | 2.70% |
| State Bank of IndiaBanks | 1.98% | 2.00% |
| ICICI BankBanks | 4.18% | 1.57% |
| MaricoAgricultural Food & Other Products | 4.15% | 1.54% |
| Pearl Global IndustriesTextiles & Apparels | 2.06% | 1.44% |
| InfosysIT - Software | 2.27% | 1.42% |
| ICICI Lombard General Insurance CompanyInsurance | 1.74% | 1.29% |
| Cummins IndiaIndustrial Products | 3.94% | 1.15% |
| CoforgeIT - Software | 2.38% | 1.06% |
| Varun BeveragesBeverages | 1.96% | 0.86% |
| AIA EngineeringIndustrial Products | 2.17% | 0.84% |
| EternalRetailing | 0.50% | 1.21% |
| Persistent SystemsIT - Software | 2.31% | 0.25% |
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.