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12 of 115 unique stocks in common · Jaccard: 10.4%
A weighted portfolio overlap of 19.34% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.34 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 5.42% in SBI Retirement Benefit Fund - Aggressive Plan 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).
| Stock | in SBI | in Tata |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.42% | 8.46% |
| Maruti Suzuki IndiaAutomobiles | 3.55% | 3.65% |
| Hindalco IndustriesNon - Ferrous Metals | 2.52% | 3.46% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 1.53% | 1.80% |
| Sona BLW Precision ForgingsAuto Components | 1.31% | 1.30% |
| Navin Fluorine InternationalChemicals & Petrochemicals | 1.73% | 1.25% |
| VoltasConsumer Durables | 1.10% | 0.88% |
| Page IndustriesTextiles & Apparels | 1.00% | 0.75% |
| Timken IndiaIndustrial Products | 2.31% | 0.62% |
| Carborundum UniversalIndustrial Products | 0.72% | 0.57% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 1.81% | 0.53% |
| Kajaria CeramicsConsumer Durables | 1.21% | 0.42% |
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.