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14 of 86 unique stocks in common · Jaccard: 16.3%
A weighted portfolio overlap of 23.92% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹23.92 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 State Bank of India, which commands a weight of 8.15% in Nippon India ETF Nifty Dividend Opportunities 50 and 3.79% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in State Bank of India 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 |
|---|---|---|
| State Bank of IndiaBanks | 8.15% | 3.79% |
| InfosysIT - Software | 9.02% | 3.54% |
| ITCDiversified FMCG | 9.74% | 2.42% |
| Tata Consultancy ServicesIT - Software | 9.36% | 2.16% |
| Hindustan UnileverDiversified FMCG | 5.12% | 1.67% |
| NTPCPower | 4.43% | 1.47% |
| Tata SteelFerrous Metals | 3.49% | 1.40% |
| HCL TechnologiesIT - Software | 3.72% | 1.27% |
| Bharat ElectronicsAerospace & Defense | 2.15% | 1.24% |
| Power Grid Corporation of IndiaPower | 3.53% | 1.15% |
| Bajaj AutoAutomobiles | 2.59% | 1.14% |
| Tech MahindraIT - Software | 2.06% | 0.94% |
| Coal IndiaConsumable Fuels | 2.66% | 0.89% |
| Oil & Natural Gas CorporationOil | 2.83% | 0.84% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.