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11 of 76 unique stocks in common · Jaccard: 14.5%
A weighted portfolio overlap of 28.62% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹28.62 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 ICICI Bank, which commands a weight of 7.19% in Nippon India Quant Fund and 6.12% in SBI Dividend Yield Fund. Holding both schemes increases your concentration in ICICI 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 |
|---|---|---|
| ICICI BankBanks | 7.19% | 6.12% |
| Larsen & ToubroConstruction | 4.62% | 4.08% |
| State Bank of IndiaBanks | 3.15% | 4.20% |
| Tata Consultancy ServicesIT - Software | 4.06% | 3.06% |
| GAIL (India)Gas | 2.16% | 2.97% |
| Aurobindo PharmaPharmaceuticals & Biotechnology | 1.92% | 2.06% |
| InfosysIT - Software | 1.80% | 3.00% |
| Oil & Natural Gas CorporationOil | 1.80% | 2.63% |
| Colgate Palmolive (India)Personal Products | 1.79% | 1.78% |
| NTPCPower | 3.46% | 1.61% |
| TVS Motor CompanyAutomobiles | 1.63% | 1.14% |
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.