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16 of 119 unique stocks in common · Jaccard: 13.4%
A weighted portfolio overlap of 21.95% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.95 is allocated to the exact same companies at the same relative proportions. The schemes share 16 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 4.63% in Franklin India Multi-Factor Fund and 4.18% in SBI Quality 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 | 4.63% | 4.18% |
| InfosysIT - Software | 2.94% | 2.27% |
| State Bank of IndiaBanks | 2.09% | 1.98% |
| Cummins IndiaIndustrial Products | 1.59% | 3.94% |
| Nestle IndiaFood Products | 1.52% | 5.30% |
| Bharat ElectronicsAerospace & Defense | 1.47% | 4.96% |
| HCL TechnologiesIT - Software | 1.29% | 1.50% |
| Britannia IndustriesFood Products | 1.19% | 2.00% |
| Hindalco IndustriesNon - Ferrous Metals | 1.23% | 1.15% |
| Muthoot FinanceFinance | 1.09% | 1.84% |
| Titan CompanyConsumer Durables | 1.86% | 0.99% |
| Eicher MotorsAutomobiles | 1.53% | 0.97% |
| Hindustan ZincNon - Ferrous Metals | 0.95% | 2.22% |
| Asian PaintsConsumer Durables | 0.60% | 0.51% |
| EternalRetailing | 0.47% | 0.50% |
| CCL Products (India)Agricultural Food & Other Products | 0.33% | 2.03% |
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.