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11 of 172 unique stocks in common · Jaccard: 6.4%
A weighted portfolio overlap of 7.86% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹7.86 is allocated to the exact same companies at the same relative proportions. The schemes share 11 common holdings.
The largest overlapping asset in their portfolios is MRF, which commands a weight of 0.95% in Nippon India Nifty Midcap 150 Index Fund and 2.50% in SBI Equity Hybrid Fund. Holding both schemes increases your concentration in MRF 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 |
|---|---|---|
| MRFAuto Components | 0.95% | 2.50% |
| JSW EnergyPower | 0.94% | 1.77% |
| AstralIndustrial Products | 0.91% | 1.00% |
| Max Healthcare InstituteHealthcare Services | 2.17% | 0.80% |
| Solar Industries IndiaChemicals & Petrochemicals | 0.77% | 3.89% |
| Page IndustriesTextiles & Apparels | 0.75% | 1.44% |
| Muthoot FinanceFinance | 0.65% | 2.79% |
| Oberoi RealtyRealty | 0.60% | 0.91% |
| AIA EngineeringIndustrial Products | 0.53% | 1.55% |
| Procter & Gamble Hygiene and Health CarePersonal Products | 0.53% | 0.49% |
| United BreweriesBeverages | 0.53% | 0.47% |
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.