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20 of 89 unique stocks in common · Jaccard: 22.5%
A weighted portfolio overlap of 43.64% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹43.64 is allocated to the exact same companies at the same relative proportions. The schemes share 20 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 9.31% in Nippon India Large Cap Fund and 8.17% in SBI Large Cap Fund. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 9.31% | 8.17% |
| ICICI BankBanks | 6.47% | 8.51% |
| Reliance IndustriesPetroleum Products | 7.30% | 5.43% |
| Larsen & ToubroConstruction | 3.71% | 5.26% |
| State Bank of IndiaBanks | 6.04% | 3.54% |
| InfosysIT - Software | 3.32% | 3.63% |
| Axis BankBanks | 4.46% | 3.05% |
| EternalRetailing | 1.71% | 1.58% |
| Hindustan UnileverDiversified FMCG | 1.40% | 1.55% |
| HDFC Life Insurance CompanyInsurance | 0.89% | 2.87% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 0.89% | 1.97% |
| Samvardhana Motherson InternationalAuto Components | 0.85% | 3.31% |
| ICICI Lombard General Insurance CompanyInsurance | 1.11% | 0.75% |
| Bharti AirtelTelecom - Services | 0.73% | 2.28% |
| Tata SteelFerrous Metals | 1.58% | 0.64% |
| Ultratech CementCement & Cement Products | 0.57% | 0.74% |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | 0.54% | 2.95% |
| Tech MahindraIT - Software | 0.41% | 1.94% |
| Page IndustriesTextiles & Apparels | 0.36% | 2.31% |
| ICICI Prudential Life Insurance CompanyInsurance | 0.34% | 0.94% |
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.