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11 of 69 unique stocks in common · Jaccard: 15.9%
A weighted portfolio overlap of 29.82% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹29.82 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 4.82% in Tata Business Cycle Fund and 4.83% in Tata Focused 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 Tata Business | in Tata Focused |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.82% | 4.83% |
| Axis BankBanks | 3.74% | 5.61% |
| Metropolis HealthcareHealthcare Services | 4.33% | 3.56% |
| Larsen & ToubroConstruction | 3.09% | 3.46% |
| HDFC BankBanks | 3.07% | 6.94% |
| Jindal SteelFerrous Metals | 3.76% | 2.77% |
| Ambuja CementsCement & Cement Products | 2.61% | 3.42% |
| Godrej PropertiesRealty | 2.05% | 2.67% |
| Adani Ports and Special Economic ZoneTransport Infrastructure | 1.67% | 2.81% |
| HDFC Life Insurance CompanyInsurance | 1.43% | 2.89% |
| Hindustan UnileverDiversified FMCG | 1.01% | 1.88% |
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.