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19 of 115 unique stocks in common · Jaccard: 16.5%
A weighted portfolio overlap of 18.98% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹18.98 is allocated to the exact same companies at the same relative proportions. The schemes share 19 common holdings.
The largest overlapping asset in their portfolios is Kirloskar Oil Engines, which commands a weight of 2.28% in Franklin India Small Cap Fund ^ and 2.08% in Templeton India Value Fund. Holding both schemes increases your concentration in Kirloskar Oil Engines 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 |
|---|---|---|
| Kirloskar Oil EnginesIndustrial Products | 2.28% | 2.08% |
| CESCPower | 1.76% | 1.69% |
| RBL BankBanks | 1.48% | 2.15% |
| Axis BankBanks | 1.40% | 6.78% |
| Tata SteelFerrous Metals | 1.28% | 2.49% |
| HDFC BankBanks | 1.28% | 7.23% |
| Finolex IndustriesIndustrial Products | 1.39% | 1.16% |
| EmamiPersonal Products | 1.12% | 1.53% |
| V-Mart RetailRetailing | 1.10% | 1.34% |
| PNB Housing FinanceFinance | 2.02% | 1.06% |
| Akums Drugs And PharmaceuticalsPharmaceuticals & Biotechnology | 0.84% | 1.51% |
| Elecon Engineering CompanyElectrical Equipment | 1.24% | 0.80% |
| CiplaPharmaceuticals & Biotechnology | 0.70% | 3.36% |
| Teamlease ServicesCommercial Services & Supplies | 0.75% | 0.70% |
| Zensar TechnologiesIT - Software | 1.49% | 0.69% |
| JK Lakshmi CementCement & Cement Products | 0.64% | 0.62% |
| Gateway DistriparksTransport Services | 0.56% | 0.51% |
| Go Fashion IndiaRetailing | 0.34% | 0.36% |
| Whirlpool of IndiaConsumer Durables | 0.94% | 0.13% |
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.