2 of 130 unique stocks in common · Jaccard: 1.5%
A weighted portfolio overlap of 3.8% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹3.8 is allocated to the exact same companies at the same relative proportions. The schemes share 2 common holdings.
The largest overlapping asset in their portfolios is Navin Fluorine International, which commands a weight of 3.60% in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF and 2.26% in SBI Resurgent India Opportunities Scheme. Holding both schemes increases your concentration in Navin Fluorine International 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 Mirae | in SBI |
|---|---|---|
| Navin Fluorine InternationalChemicals & Petrochemicals | 3.60% | 2.26% |
| Asahi India GlassAuto Components | 1.54% | 3.05% |
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.