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45 of 299 unique stocks in common · Jaccard: 15.1%
A weighted portfolio overlap of 19.56% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.56 is allocated to the exact same companies at the same relative proportions. The schemes share 45 common holdings.
The largest overlapping asset in their portfolios is Karur Vysya Bank, which commands a weight of 1.22% in Franklin India Small Cap Fund ^ and 1.34% in Nippon India Small Cap Fund. Holding both schemes increases your concentration in Karur Vysya 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 Nippon |
|---|---|---|
| Karur Vysya BankBanks | 1.22% | 1.34% |
| Axis BankBanks | 1.53% | 0.94% |
| Kirloskar Oil EnginesIndustrial Products | 2.09% | 0.86% |
| Craftsman AutomationAuto Components | 0.83% | 0.81% |
| MTAR TechnologiesElectrical Equipment | 1.47% | 0.81% |
| Aster DM Quality CareHealthcare Services | 0.94% | 0.80% |
| Whirlpool of IndiaConsumer Durables | 0.86% | 0.78% |
| EmamiPersonal Products | 0.96% | 0.74% |
| HDFC BankBanks | 0.67% | 1.71% |
| PNB Housing FinanceFinance | 1.83% | 0.66% |
| Kirloskar Pneumatic CompanyIndustrial Products | 0.61% | 0.71% |
| DelhiveryTransport Services | 1.32% | 0.58% |
| The Ramco CementsCement & Cement Products | 0.78% | 0.54% |
| Lumax Auto TechnologiesAuto Components | 0.51% | 0.62% |
| Hindustan AeronauticsAerospace & Defense | 1.84% | 0.50% |
| K.P.R. MillTextiles & Apparels | 1.53% | 0.49% |
| Sona Blw Precision ForgingsAuto Components | 0.85% | 0.47% |
| Finolex CablesIndustrial Products | 0.99% | 0.46% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 1.28% | 0.44% |
| Kotak Mahindra BankBanks | 1.37% | 0.43% |
| Healthcare Global EnterprisesHealthcare Services | 0.88% | 0.41% |
| RBL BankBanks | 1.54% | 0.41% |
| Deepak NitriteChemicals & Petrochemicals | 1.65% | 0.39% |
| City Union BankBanks | 0.98% | 0.38% |
| Ion Exchange (India)Other Utilities | 0.70% | 0.32% |
| Metropolis HealthcareHealthcare Services | 1.85% | 0.32% |
| Pine LabsFinancial Technology (Fintech) | 2.60% | 0.32% |
| Tata Power CompanyPower | 0.84% | 0.32% |
| Juniper Green EnergyPower | 0.61% | 0.31% |
| Sapphire Foods IndiaLeisure Services | 1.22% | 0.31% |
| Exide IndustriesAuto Components | 1.19% | 0.30% |
| Data Patterns (India)Aerospace & Defense | 1.23% | 0.29% |
| Kajaria CeramicsConsumer Durables | 2.37% | 0.29% |
| Lemon Tree HotelsLeisure Services | 1.04% | 0.25% |
| PG ElectroplastConsumer Durables | 1.09% | 0.24% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.94% | 0.21% |
| CESCPower | 1.27% | 0.20% |
| Brigade EnterprisesRealty | 2.36% | 0.19% |
| KPIT TechnologiesIT - Software | 0.35% | 0.17% |
| Zensar TechnologiesIT - Software | 1.50% | 0.14% |
| Piramal PharmaPharmaceuticals & Biotechnology | 0.74% | 0.13% |
| Equitas Small Finance BankBanks | 2.41% | 0.12% |
| Vedant FashionsRetailing | 0.66% | 0.08% |
| Go Fashion (India)Retailing | 0.33% | 0.07% |
| JK Lakshmi CementCement & Cement Products | 0.26% | 0.07% |
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.