Loading fund overlap…
12 of 147 unique stocks in common · Jaccard: 8.2%
A weighted portfolio overlap of 7.16% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.16 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is CESC, which commands a weight of 1.76% in Franklin India Small Cap Fund ^ and 1.35% in SBI Multi Asset Allocation Fund. Holding both schemes increases your concentration in CESC 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 |
|---|---|---|
| CESCPower | 1.76% | 1.35% |
| HDFC BankBanks | 1.28% | 1.08% |
| Kotak Mahindra BankBanks | 1.05% | 1.41% |
| DelhiveryTransport Services | 0.87% | 1.00% |
| Pine LabsFinancial Technology (Fintech) | 1.46% | 0.63% |
| Axis BankBanks | 1.40% | 0.56% |
| ZF Commercial Vehicle Control Systems IndiaAuto Components | 0.99% | 0.51% |
| Syngene InternationalHealthcare Services | 0.44% | 1.69% |
| EmamiPersonal Products | 1.12% | 0.22% |
| Tata SteelFerrous Metals | 1.28% | 0.22% |
| Equitas Small Finance BankBanks | 2.44% | 0.13% |
| V-Mart RetailRetailing | 1.10% | 0.10% |
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.