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15 of 87 unique stocks in common · Jaccard: 17.2%
A weighted portfolio overlap of 24.88% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹24.88 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 4.04% in SBI Equity Hybrid Fund. 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% | 4.04% |
| Kotak Mahindra BankBanks | 2.88% | 3.20% |
| HDFC BankBanks | 2.86% | 2.39% |
| State Bank of IndiaBanks | 2.22% | 3.79% |
| Larsen & ToubroConstruction | 1.90% | 2.50% |
| Hindalco IndustriesNon - Ferrous Metals | 1.90% | 1.74% |
| InfosysIT - Software | 2.07% | 1.65% |
| Asian PaintsConsumer Durables | 1.58% | 1.75% |
| Bharti AirtelTelecom - Services | 1.58% | 3.27% |
| Vishal Mega MartRetailing | 2.19% | 1.01% |
| InterGlobe AviationTransport Services | 0.99% | 2.25% |
| Oberoi RealtyRealty | 1.13% | 0.91% |
| Max Healthcare InstituteHealthcare Services | 1.18% | 0.80% |
| SwiggyRetailing | 1.82% | 0.71% |
| United BreweriesBeverages | 1.47% | 0.47% |
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.