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20 of 60 unique stocks in common · Jaccard: 33.3%
A weighted portfolio overlap of 17.12% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹17.12 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is Shriram Finance, which commands a weight of 7.10% in DSP BSE Sensex Next 30 ETF and 1.41% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Shriram Finance 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 DSP | in SBI |
|---|---|---|
| Shriram FinanceFinance | 7.10% | 1.41% |
| Hindalco IndustriesNon - Ferrous Metals | 5.44% | 1.33% |
| Bajaj AutoAutomobiles | 4.79% | 1.22% |
| Grasim IndustriesCement & Cement Products | 4.63% | 1.15% |
| JSW SteelFerrous Metals | 4.55% | 1.11% |
| Eicher MotorsAutomobiles | 4.07% | 0.99% |
| Nestle IndiaFood Products | 3.92% | 0.97% |
| Coal IndiaConsumable Fuels | 3.42% | 0.87% |
| Apollo Hospitals EnterpriseHealthcare Services | 3.37% | 0.83% |
| Oil & Natural Gas CorporationOil | 3.37% | 0.82% |
| Adani EnterprisesMetals & Minerals Trading | 3.66% | 0.75% |
| CiplaPharmaceuticals & Biotechnology | 2.98% | 0.72% |
| Jio Financial ServicesFinance | 3.00% | 0.72% |
| SBI Life Insurance CompanyInsurance | 2.93% | 0.71% |
| Max Healthcare InstituteHealthcare Services | 2.81% | 0.70% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 2.64% | 0.64% |
| Tata Consumer ProductsAgricultural Food & Other Products | 2.49% | 0.61% |
| Tata Motors Passenger VehiclesAutomobiles | 2.48% | 0.59% |
| HDFC Life Insurance CompanyInsurance | 2.19% | 0.53% |
| WiproIT - Software | 1.92% | 0.45% |
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.