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18 of 252 unique stocks in common · Jaccard: 7.1%
A weighted portfolio overlap of 6.74% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹6.74 is allocated to the exact same companies at the same relative proportions. The schemes share 18 common holdings.
The largest overlapping asset in their portfolios is Carborundum Universal, which commands a weight of 0.92% in Nippon India Small Cap Fund and 1.32% in SBI Smallcap Fund. Holding both schemes increases your concentration in Carborundum Universal 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 |
|---|---|---|
| Carborundum UniversalIndustrial Products | 0.92% | 1.32% |
| Kalpataru Projects InternationalConstruction | 0.83% | 2.55% |
| Balrampur Chini MillsAgricultural Food & Other Products | 0.73% | 1.61% |
| K.P.R. MillTextiles & Apparels | 0.69% | 2.02% |
| Fine Organic IndustriesChemicals & Petrochemicals | 0.66% | 0.79% |
| PVR INOXEntertainment | 0.53% | 0.40% |
| Lemon Tree HotelsLeisure Services | 0.39% | 0.36% |
| ESAB IndiaIndustrial Products | 0.34% | 1.27% |
| Brigade EnterprisesRealty | 0.31% | 0.86% |
| Doms IndustriesHousehold Products | 0.24% | 1.87% |
| Honeywell Automation IndiaIndustrial Manufacturing | 0.24% | 2.85% |
| Sheela FoamConsumer Durables | 0.19% | 0.62% |
| TTK PrestigeConsumer Durables | 0.19% | 0.94% |
| Archean Chemical IndustriesChemicals & Petrochemicals | 0.18% | 0.58% |
| Sundram FastenersAuto Components | 0.16% | 2.45% |
| City Union BankBanks | 0.15% | 2.71% |
| Westlife FoodworldLeisure Services | 0.09% | 0.89% |
| RBL BankBanks | 0.38% | 0.06% |
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 Jul 2026). Equity holdings only, ISIN-verified. Not investment advice.