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30 of 71 unique stocks in common · Jaccard: 42.3%
A weighted portfolio overlap of 54.02% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹54.02 is allocated to the exact same companies at the same relative proportions. The schemes share 30 common holdings.
The largest overlapping asset in their portfolios is Tata Consultancy Services, which commands a weight of 10.03% in Tata Digital India Fund and 6.68% in Tata Nifty India Digital Exchange Traded Fund. Holding both schemes increases your concentration in Tata Consultancy Services 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 Digital | in Tata Nifty |
|---|---|---|
| Tata Consultancy ServicesIT - Software | 10.03% | 6.68% |
| InfosysIT - Software | 16.88% | 6.44% |
| Tech MahindraIT - Software | 9.39% | 5.67% |
| EternalRetailing | 5.29% | 7.47% |
| Bharti AirtelTelecom - Services | 4.86% | 7.20% |
| HCL TechnologiesIT - Software | 3.80% | 6.11% |
| WiproIT - Software | 3.99% | 3.52% |
| PB FintechFinancial Technology (Fintech) | 3.38% | 6.03% |
| Persistent SystemsIT - Software | 3.20% | 3.41% |
| SwiggyRetailing | 1.33% | 3.68% |
| Tata CommunicationsTelecom - Services | 1.22% | 2.40% |
| MphasisIT - Software | 1.19% | 1.81% |
| LTIMindtreeIT - Software | 0.89% | 2.27% |
| Cartrade TechRetailing | 1.01% | 0.76% |
| CoforgeIT - Software | 0.66% | 2.98% |
| Affle 3iIT - Services | 0.62% | 0.56% |
| Netweb Technologies IndiaIT - Services | 0.89% | 0.47% |
| One 97 CommunicationsFinancial Technology (Fintech) | 0.47% | 4.89% |
| CyientIT - Services | 1.74% | 0.46% |
| Hexaware TechnologiesIT - Software | 0.53% | 0.45% |
| TBO TekLeisure Services | 0.91% | 0.44% |
| L&T Technology ServicesIT - Services | 0.37% | 0.57% |
| Zensar TechnologiesIT - Software | 0.77% | 0.34% |
| BirlasoftIT - Software | 0.99% | 0.32% |
| Sonata SoftwareIT - Software | 1.43% | 0.31% |
| Pine LabsFinancial Technology (Fintech) | 0.39% | 0.27% |
| KPIT TechnologiesIT - Software | 0.26% | 0.76% |
| Newgen Software TechnologiesIT - Software | 0.29% | 0.17% |
| MeeshoRetailing | 0.13% | 0.54% |
| PhysicswallahOther Consumer Services | 0.11% | 0.51% |
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.