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56 of 130 unique stocks in common · Jaccard: 43.1%
A weighted portfolio overlap of 41.53% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹41.53 is allocated to the exact same companies at the same relative proportions. The schemes share 56 common holdings.
The largest overlapping asset in their portfolios is ICICI Bank, which commands a weight of 6.51% in Nippon India ETF Nifty 100 and 5.31% in SBI Equity Savings Fund. Holding both schemes increases your concentration in ICICI 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 Nippon | in SBI |
|---|---|---|
| ICICI BankBanks | 6.51% | 5.31% |
| HDFC BankBanks | 9.22% | 5.01% |
| Reliance IndustriesPetroleum Products | 8.00% | 4.70% |
| Larsen & ToubroConstruction | 3.43% | 2.65% |
| Axis BankBanks | 2.67% | 2.57% |
| State Bank of IndiaBanks | 2.56% | 3.08% |
| Bharti AirtelTelecom - Services | 2.77% | 2.33% |
| InfosysIT - Software | 4.09% | 1.29% |
| Asian PaintsConsumer Durables | 1.05% | 0.95% |
| Hindalco IndustriesNon - Ferrous Metals | 0.76% | 0.95% |
| Bajaj FinservFinance | 0.71% | 1.43% |
| JSW SteelFerrous Metals | 0.68% | 0.87% |
| Tech MahindraIT - Software | 0.65% | 1.26% |
| Mahindra & MahindraAutomobiles | 1.66% | 0.63% |
| Oil & Natural Gas CorporationOil | 0.89% | 0.59% |
| Avenue SupermartsRetailing | 0.56% | 1.08% |
| Hindustan AeronauticsAerospace & Defense | 0.59% | 0.56% |
| Tata Power CompanyPower | 0.61% | 0.54% |
| Adani Green EnergyPower | 0.53% | 0.71% |
| HDFC Life Insurance CompanyInsurance | 0.50% | 1.54% |
| Apollo Hospitals EnterpriseHealthcare Services | 0.48% | 1.39% |
| DLFRealty | 0.46% | 0.94% |
| Maruti Suzuki IndiaAutomobiles | 1.36% | 0.46% |
| Tata SteelFerrous Metals | 1.10% | 0.46% |
| Bank of BarodaBanks | 0.42% | 1.84% |
| EternalRetailing | 0.91% | 0.37% |
| Godrej Consumer ProductsPersonal Products | 0.37% | 0.50% |
| Colgate Palmolive (India)Personal Products | 0.30% | 0.54% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 1.31% | 0.30% |
| Jindal SteelFerrous Metals | 0.28% | 1.25% |
| Punjab National BankBanks | 0.34% | 0.27% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.41% | 0.25% |
| RECFinance | 0.51% | 0.25% |
| Samvardhana Motherson InternationalAuto Components | 0.25% | 1.43% |
| Hindustan UnileverDiversified FMCG | 1.61% | 0.24% |
| SBI Life Insurance CompanyInsurance | 0.52% | 0.23% |
| Shree CementCement & Cement Products | 0.26% | 0.22% |
| Ambuja CementsCement & Cement Products | 0.30% | 0.20% |
| ITCDiversified FMCG | 3.11% | 0.19% |
| Zydus LifesciencesPharmaceuticals & Biotechnology | 0.19% | 0.18% |
| Eicher MotorsAutomobiles | 0.51% | 0.17% |
| Power Finance CorporationFinance | 0.52% | 0.17% |
| IndusInd BankBanks | 0.81% | 0.16% |
| Adani EnterprisesMetals & Minerals Trading | 0.65% | 0.15% |
| United SpiritsBeverages | 0.28% | 0.14% |
| NTPCPower | 1.39% | 0.12% |
| Dabur IndiaPersonal Products | 0.24% | 0.09% |
| Britannia IndustriesFood Products | 0.45% | 0.08% |
| BoschAuto Components | 0.20% | 0.07% |
| MaricoAgricultural Food & Other Products | 0.22% | 0.03% |
| Grasim IndustriesCement & Cement Products | 0.72% | 0.02% |
| Indian Oil CorporationPetroleum Products | 0.50% | 0.02% |
| Jio Financial ServicesFinance | 0.98% | 0.02% |
| Cholamandalam Investment and Finance CompanyFinance | 0.40% | 0.01% |
| InterGlobe AviationTransport Services | 0.46% | 0.01% |
| Pidilite IndustriesChemicals & Petrochemicals | 0.38% | 0.01% |
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.