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15 of 51 unique stocks in common · Jaccard: 29.4%
A weighted portfolio overlap of 37.85% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹37.85 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is Reliance Industries, which commands a weight of 5.44% in Franklin Build India Fund and 6.16% in Franklin India Focused Equity Fund. Holding both schemes increases your concentration in Reliance Industries 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 Franklin Build | in Franklin India |
|---|---|---|
| Reliance IndustriesPetroleum Products | 5.44% | 6.16% |
| Bharti AirtelTelecom - Services | 4.11% | 5.70% |
| Axis BankBanks | 4.07% | 7.44% |
| HDFC BankBanks | 3.83% | 8.42% |
| InterGlobe AviationTransport Services | 5.86% | 2.94% |
| Tata SteelFerrous Metals | 2.60% | 4.07% |
| SobhaRealty | 2.46% | 3.26% |
| KEI IndustriesIndustrial Products | 2.33% | 2.34% |
| State Bank of IndiaBanks | 2.21% | 2.23% |
| DelhiveryTransport Services | 3.01% | 2.13% |
| APL Apollo TubesIndustrial Products | 1.94% | 1.48% |
| Hindustan AeronauticsAerospace & Defense | 2.21% | 1.48% |
| Tata Power CompanyPower | 4.13% | 1.43% |
| RECFinance | 3.31% | 0.84% |
| Somany CeramicsConsumer Durables | 0.50% | 0.60% |
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.