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4 of 77 unique stocks in common · Jaccard: 5.2%
A weighted portfolio overlap of 8.13% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹8.13 is allocated to the exact same companies at the same relative proportions. The schemes share 4 common holdings.
The largest overlapping asset in their portfolios is TBO Tek, which commands a weight of 4.39% in Franklin India Opportunities Fund and 6.41% in SBI Innovative Opportunities Fund. Holding both schemes increases your concentration in TBO Tek 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 |
|---|---|---|
| TBO TekLeisure Services | 4.39% | 6.41% |
| PB FintechFinancial Technology (Fintech) | 2.10% | 1.63% |
| One 97 CommunicationsFinancial Technology (Fintech) | 1.62% | 2.54% |
| Honeywell Automation IndiaIndustrial Manufacturing | 1.26% | 0.49% |
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 Aug 2026). Equity holdings only, ISIN-verified. Not investment advice.