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15 of 94 unique stocks in common · Jaccard: 16%
A weighted portfolio overlap of 35.86% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹35.86 is allocated to the exact same companies at the same relative proportions. The schemes share 15 common holdings.
The largest overlapping asset in their portfolios is HDFC Bank, which commands a weight of 6.15% in Nippon India Retirement Fund - Wealth Creation Scheme and 6.58% in SBI Retirement Benefit Fund - Aggressive Plan. Holding both schemes increases your concentration in HDFC 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 |
|---|---|---|
| HDFC BankBanks | 6.15% | 6.58% |
| ICICI BankBanks | 7.44% | 5.47% |
| Reliance IndustriesPetroleum Products | 6.64% | 5.42% |
| Larsen & ToubroConstruction | 3.20% | 4.28% |
| Axis BankBanks | 3.63% | 2.85% |
| State Bank of IndiaBanks | 2.67% | 3.71% |
| InfosysIT - Software | 2.30% | 2.76% |
| Ultratech CementCement & Cement Products | 1.45% | 2.77% |
| Hindalco IndustriesNon - Ferrous Metals | 1.25% | 2.52% |
| Sona BLW Precision ForgingsAuto Components | 1.21% | 1.31% |
| VoltasConsumer Durables | 1.07% | 1.10% |
| LTIMindtreeIT - Software | 1.83% | 0.99% |
| Carborundum UniversalIndustrial Products | 1.04% | 0.72% |
| FSN E-Commerce VenturesRetailing | 0.69% | 1.33% |
| Bajaj FinservFinance | 0.42% | 1.49% |
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.