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10 of 103 unique stocks in common · Jaccard: 9.7%
A weighted portfolio overlap of 24.47% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.47 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.89% in Tata Childrens Fund and 5.52% in Tata ELSS Fund. Holding both schemes increases your concentration in HDFC Bank 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 Childrens | in Tata ELSS |
|---|---|---|
| HDFC BankBanks | 5.89% | 5.52% |
| Reliance IndustriesPetroleum Products | 5.23% | 3.95% |
| ICICI BankBanks | 3.82% | 5.70% |
| Larsen & ToubroConstruction | 3.72% | 3.18% |
| InfosysIT - Software | 2.24% | 2.10% |
| City Union BankBanks | 2.95% | 1.87% |
| Gravita IndiaMinerals & Mining | 1.72% | 1.40% |
| IndusInd BankBanks | 1.39% | 1.13% |
| Healthcare Global EnterprisesHealthcare Services | 1.23% | 1.02% |
| Bank of BarodaBanks | 0.98% | 0.48% |
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.