Loading fund overlap…
9 of 51 unique stocks in common · Jaccard: 17.6%
A weighted portfolio overlap of 22.5% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹22.5 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 10.24% in Nippon India ETF Nifty India Consumption and 5.89% in SBI BSE Sensex ETF. Holding both schemes increases your concentration in Bharti Airtel 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 |
|---|---|---|
| Bharti AirtelTelecom - Services | 10.24% | 5.89% |
| ITCDiversified FMCG | 9.73% | 3.12% |
| Mahindra & MahindraAutomobiles | 7.34% | 3.07% |
| Hindustan UnileverDiversified FMCG | 7.08% | 2.16% |
| EternalRetailing | 4.00% | 2.02% |
| Maruti Suzuki IndiaAutomobiles | 6.02% | 1.95% |
| Titan CompanyConsumer Durables | 5.33% | 1.88% |
| Asian PaintsConsumer Durables | 4.61% | 1.36% |
| TrentRetailing | 3.46% | 1.05% |
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.