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10 of 81 unique stocks in common · Jaccard: 12.3%
A weighted portfolio overlap of 22.36% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.36 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 Reliance Industries, which commands a weight of 4.65% in Franklin India Opportunities Fund and 6.01% in Templeton India Value Fund. Holding both schemes increases your concentration in Reliance Industries 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 Templeton |
|---|---|---|
| Reliance IndustriesPetroleum Products | 4.65% | 6.01% |
| Axis BankBanks | 3.85% | 6.78% |
| State Bank of IndiaBanks | 3.28% | 2.66% |
| Kirloskar Oil EnginesIndustrial Products | 2.85% | 2.08% |
| Tata Motors Passenger VehiclesAutomobiles | 2.05% | 2.08% |
| NTPCPower | 3.32% | 2.04% |
| IDFC First BankBanks | 2.12% | 2.03% |
| Akums Drugs And PharmaceuticalsPharmaceuticals & Biotechnology | 1.52% | 1.51% |
| HDFC BankBanks | 0.90% | 7.23% |
| Zensar TechnologiesIT - Software | 0.61% | 0.69% |
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.