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14 of 71 unique stocks in common · Jaccard: 19.7%
A weighted portfolio overlap of 19.07% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹19.07 is allocated to the exact same companies at the same relative proportions. The schemes share 14 common holdings.
The largest overlapping asset in their portfolios is Larsen & Toubro, which commands a weight of 6.19% in Nippon India Equity Savings Fund and 2.50% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in Larsen & Toubro 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 Nippon | in SBI |
|---|---|---|
| Larsen & ToubroConstruction | 6.19% | 2.50% |
| ICICI BankBanks | 2.46% | 4.04% |
| HDFC BankBanks | 6.21% | 2.39% |
| Reliance IndustriesPetroleum Products | 4.88% | 2.36% |
| Coal IndiaConsumable Fuels | 5.25% | 1.80% |
| InfosysIT - Software | 1.21% | 1.65% |
| Bharti AirtelTelecom - Services | 1.10% | 3.27% |
| State Bank of IndiaBanks | 1.05% | 3.79% |
| Asian PaintsConsumer Durables | 0.94% | 1.75% |
| ITCDiversified FMCG | 2.62% | 0.79% |
| Tata Consultancy ServicesIT - Software | 0.69% | 1.08% |
| DLFRealty | 0.68% | 0.91% |
| NTPCPower | 0.67% | 0.88% |
| Jindal SteelFerrous Metals | 0.43% | 1.01% |
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.