Loading fund overlap…
10 of 122 unique stocks in common · Jaccard: 8.2%
A weighted portfolio overlap of 15.41% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹15.41 is allocated to the exact same companies at the same relative proportions. The schemes share 10 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.93% in Franklin India Large & Mid Cap Fund ^ and 3.98% in SBI Large and Midcap 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 | 4.93% | 3.98% |
| State Bank of IndiaBanks | 2.41% | 2.88% |
| Tata MotorsAgricultural, Commercial & Construction Vehicles | 2.19% | 2.37% |
| SwiggyRetailing | 2.22% | 2.05% |
| HDFC BankBanks | 1.37% | 6.36% |
| InfosysIT - Software | 2.13% | 0.94% |
| Axis BankBanks | 0.73% | 3.38% |
| HCL TechnologiesIT - Software | 1.00% | 0.68% |
| Endurance TechnologiesAuto Components | 2.17% | 0.62% |
| LG Electronics IndiaConsumer Durables | 1.59% | 0.44% |
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.