How much do Nippon India Multi Asset Fund and SBI Balanced Advantage Fund overlap?

They share 30 common holdings, a weighted portfolio overlap of about 22.4% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 22.4% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Nippon India Multi Asset Fund vs SBI Balanced Advantage Fund

Nippon India MF · HybridSBI MF · Hybrid· as on May 2026

Weighted portfolio overlap

22.4%

Moderate overlap

Common

Only Nippon

Only SBI

30 of 119 unique stocks in common · Jaccard: 25.2%

Common holdings

Stock	in Nippon	in SBI
HDFC BankBanks	3.53%	4.04%
ICICI BankBanks	3.13%	3.39%
Reliance IndustriesPetroleum Products	1.88%	4.98%
Larsen & ToubroConstruction	1.84%	2.91%
ITCDiversified FMCG	1.47%	1.40%
Axis BankBanks	1.35%	1.91%
Tech MahindraIT - Software	0.81%	2.00%
EternalRetailing	0.80%	1.23%
State Bank of IndiaBanks	1.17%	0.74%
Oil & Natural Gas CorporationOil	0.73%	0.77%
Cummins IndiaIndustrial Products	0.68%	0.69%
GAIL (India)Gas	0.67%	2.44%
DLFRealty	0.64%	0.67%
Bharat Petroleum CorporationPetroleum Products	0.70%	0.52%
Sona BLW Precision ForgingsAuto Components	0.42%	0.58%
Tata Power CompanyPower	1.01%	0.41%
Indus TowersTelecom - Services	0.40%	1.53%
HCL TechnologiesIT - Software	0.35%	1.26%
Grasim IndustriesCement & Cement Products	0.93%	0.29%
ICICI Lombard General Insurance CompanyInsurance	0.53%	0.27%
Coal IndiaConsumable Fuels	0.95%	0.25%
Hindalco IndustriesNon - Ferrous Metals	0.57%	0.25%
Alkem LaboratoriesPharmaceuticals & Biotechnology	0.62%	0.24%
Tata Consultancy ServicesIT - Software	1.35%	0.24%
LupinPharmaceuticals & Biotechnology	0.69%	0.16%
IndusInd BankBanks	0.73%	0.13%
SBI Life Insurance CompanyInsurance	0.55%	0.13%
InfosysIT - Software	0.87%	0.11%
Bharat ElectronicsAerospace & Defense	0.75%	0.02%
Aurobindo PharmaPharmaceuticals & Biotechnology	0.59%	0.01%

FAQ

How much do Nippon India Multi Asset Fund and SBI Balanced Advantage Fund overlap?: They share 30 common holdings, a weighted portfolio overlap of about 22.4% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 22.4% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

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.