Loading fund overlap…
19 of 100 unique stocks in common · Jaccard: 19%
A weighted portfolio overlap of 37.37% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.37 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 5.52% in Tata ELSS Fund and 5.75% in Tata Flexi Cap 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 ELSS | in Tata Flexi |
|---|---|---|
| HDFC BankBanks | 5.52% | 5.75% |
| ICICI BankBanks | 5.70% | 5.49% |
| Reliance IndustriesPetroleum Products | 3.95% | 4.31% |
| Bharti AirtelTelecom - Services | 5.78% | 3.56% |
| Larsen & ToubroConstruction | 3.18% | 2.75% |
| NTPCPower | 2.96% | 2.61% |
| Samvardhana Motherson InternationalAuto Components | 3.18% | 2.08% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.89% | 1.74% |
| InfosysIT - Software | 2.10% | 1.66% |
| Graphite IndiaIndustrial Products | 1.61% | 1.39% |
| SBI Life Insurance CompanyInsurance | 1.22% | 1.94% |
| IndusInd BankBanks | 1.13% | 1.60% |
| Ambuja CementsCement & Cement Products | 0.88% | 2.33% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.85% | 0.93% |
| Emmvee Photovoltaic PowerElectrical Equipment | 0.83% | 1.57% |
| The Indian Hotels CompanyLeisure Services | 0.74% | 0.99% |
| Bank of BarodaBanks | 0.48% | 1.21% |
| Bharat Petroleum CorporationPetroleum Products | 0.26% | 0.65% |
| Healthcare Global EnterprisesHealthcare Services | 1.02% | 0.23% |
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.