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15 of 74 unique stocks in common · Jaccard: 20.3%
A weighted portfolio overlap of 33.18% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹33.18 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 ICICI Bank, which commands a weight of 4.55% in Franklin India Large & Mid Cap Fund ^ and 10.14% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in ICICI 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 Franklin | in SBI |
|---|---|---|
| ICICI BankBanks | 4.55% | 10.14% |
| Axis BankBanks | 3.95% | 4.15% |
| Mahindra & MahindraAutomobiles | 3.09% | 3.07% |
| Kotak Mahindra BankBanks | 2.88% | 3.19% |
| HDFC BankBanks | 2.86% | 12.80% |
| State Bank of IndiaBanks | 2.22% | 4.52% |
| InfosysIT - Software | 2.07% | 4.56% |
| EternalRetailing | 4.00% | 2.02% |
| Larsen & ToubroConstruction | 1.90% | 5.38% |
| Bharti AirtelTelecom - Services | 1.58% | 5.89% |
| Ultratech CementCement & Cement Products | 1.60% | 1.52% |
| Asian PaintsConsumer Durables | 1.58% | 1.36% |
| HCL TechnologiesIT - Software | 1.27% | 1.41% |
| InterGlobe AviationTransport Services | 0.99% | 1.11% |
| Power Grid Corporation of IndiaPower | 0.95% | 1.49% |
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.