Loading fund overlap…
9 of 63 unique stocks in common · Jaccard: 14.3%
A weighted portfolio overlap of 19.43% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.43 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 16.15% in Bharat 22 ETF and 4.30% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Larsen & Toubro 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 Bharat | in SBI |
|---|---|---|
| Larsen & ToubroConstruction | 16.15% | 4.30% |
| State Bank of IndiaBanks | 9.45% | 3.98% |
| Axis BankBanks | 7.87% | 3.39% |
| ITCDiversified FMCG | 13.34% | 2.23% |
| NTPCPower | 9.47% | 1.41% |
| Bharat ElectronicsAerospace & Defense | 5.08% | 1.35% |
| Power Grid Corporation of IndiaPower | 7.32% | 1.08% |
| Coal IndiaConsumable Fuels | 5.32% | 0.87% |
| Oil & Natural Gas CorporationOil | 5.25% | 0.82% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.