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11 of 101 unique stocks in common · Jaccard: 10.9%
A weighted portfolio overlap of 26.61% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹26.61 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 HDFC Bank, which commands a weight of 5.52% in Tata ELSS Fund and 8.22% in Tata Large & Mid 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 Large |
|---|---|---|
| HDFC BankBanks | 5.52% | 8.22% |
| State Bank of IndiaBanks | 4.36% | 5.20% |
| Bharti AirtelTelecom - Services | 5.78% | 3.94% |
| Reliance IndustriesPetroleum Products | 3.95% | 3.90% |
| ICICI BankBanks | 5.70% | 3.71% |
| Larsen & ToubroConstruction | 3.18% | 1.90% |
| Ambuja CementsCement & Cement Products | 0.88% | 1.44% |
| Abbott IndiaPharmaceuticals & Biotechnology | 0.85% | 1.09% |
| Ultratech CementCement & Cement Products | 1.78% | 0.83% |
| InfosysIT - Software | 2.10% | 0.68% |
| PB FintechFinancial Technology (Fintech) | 2.51% | 0.04% |
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.