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6 of 77 unique stocks in common · Jaccard: 7.8%
A weighted portfolio overlap of 11.5% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹11.5 is allocated to the exact same companies at the same relative proportions. The schemes share 6 common holdings.
The largest overlapping asset in their portfolios is Bharti Airtel, which commands a weight of 4.72% in Nippon India Power & Infra Fund and 3.27% in SBI Equity Hybrid Fund. 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 | 4.72% | 3.27% |
| Larsen & ToubroConstruction | 5.70% | 2.50% |
| Reliance IndustriesPetroleum Products | 5.82% | 2.36% |
| Coal IndiaConsumable Fuels | 1.49% | 1.80% |
| AstralIndustrial Products | 1.64% | 1.00% |
| NTPCPower | 5.76% | 0.88% |
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.