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3 of 287 unique stocks in common · Jaccard: 1%
A weighted portfolio overlap of 1.04% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹1.04 is allocated to the exact same companies at the same relative proportions. The schemes share 3 common holdings.
The largest overlapping asset in their portfolios is Firstsource Solutions, which commands a weight of 0.42% in Nippon India Nifty Smallcap 250 Index Fund and 4.20% in SBI Innovative Opportunities Fund. Holding both schemes increases your concentration in Firstsource Solutions 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 |
|---|---|---|
| Firstsource SolutionsCommercial Services & Supplies | 0.42% | 4.20% |
| Happiest Minds TechnologiesIT - Software | 0.37% | 2.26% |
| Route MobileTelecom - Services | 0.25% | 1.69% |
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.